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Tag: Eyes
Gold Price Forecast: Faces Pullback After Reversal, Eyes Key Support Levels
Upper channel line stops ascent Note that resistance was observed around the combination of a 250% extended retracement level at…
Gold (XAU) Daily Forecast: Oversold Metal Triggers Bullish Rebound, Eyes on $2,750 Target
Currently hovering around the $2,728 level, gold is stabilizing as political and economic uncertainties temper further losses. US Treasury yields…
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: Hits Record High of $2,721, Eyes on Higher Targets
The first target is 2,724 The first target zone is the initial target for a rising ABCD pattern at 2,724,…
US Dollar Forecast: DXY Eyes 103.766 Resistance While Gold Surges on Falling Yields
Pound falls on soft inflation figures The British pound briefly fell below $1.30 after weaker-than-expected inflation data from Britain raised…
Gold Price Forecast: Breaks Out of Bull Flag, Eyes Record Highs
Bullish price action Today's price action puts gold in a good position to break the recent all-time high of 2,686.…
Silver (XAG) Daily Forecast: Eyes on US PPI Data as Silver Tests $31.50
Despite stronger-than-expected US inflation data, the possibility of additional rate cuts remains a key factor supporting silver's positive momentum. Market…