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Tag: Bearish
Gold Price Forecast: Signals Potential Downturn with Bearish Candlestick Patterns
Breakdown in process Yesterday, gold fell below a short trendline that marks trend support for a tight consolidation pattern over…
Gold (XAU) Daily Forecast: Will Gold Rebound from $2,725 or Continue Bearish Trend?
Gold – Chart Gold (XAU/USD) is trading around $2,727.97, down 0.29% on the day. It is currently testing the pivot…
Gold News: Prices Rebound Despite Bearish Technical Signals
Recent hawkish comments from Fed officials, such as Philadelphia Fed President Patrick Harker's preference for a "slow, methodical approach," have…
Gold Price Forecast: Hits Resistance, Eyes Key Support Amid Bearish Reversal
2,753 target leads to sales While the 2,753 upside target was achieved and seemed to be recognized by the market,…
Gold Price Forecast: Declines After Record High, Bearish Reversal in Process
Two major support levels at 20 and 50 day MAs A drop below the current low of 2,643 will cause…