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Tag: Faces
U.S. Dollar Faces Bearish Pressure as Trade Deficit Hits $78.2B in November
On the export side, industrial supplies and materials contributed significantly, with an increase of $4.3 billion, driven by petroleum products…
Gold News: Price Rises but Faces Pressure from Strong Dollar and Treasury Yields
At 12:15 GMT, XAU/USD is trading $2625.45, up $8.58 or +0.33%. Holiday trading keeps focus on Fed policy and US…
Gold Price Forecast: Bear Flag Breakdown Faces Uncertainty
The breakdown does not follow Price behavior around the flag raises the question of whether the flag will prove to…
Gold Price Forecast: Faces Resistance at 20-Day MA, Bearish Outlook Builds
Aggressive selling seen in bearish reversal candle On Monday, a long red bearish engulfing pattern was completed that reflects aggressive…
Gold Price Forecast: Faces Bearish Momentum After Bullish Reversal Falters
Price Rejected at 20-Day MA – Bearish The 20-day MA line recently indicated dynamic support for the uptrend, and was…
Gold Price Forecast: Faces Correction Risks After Record High Reversal
Signs of weakness Today's pullback dropped below the previous trend high and potential short-term support at 2,758, as well as…
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…
Silver (XAG) Forecast: Bullish Outlook Faces Test with Fed Rate Decision
At 12:40 GMT, XAG/USD is trading $33.99, up $0.29 or +0.85%. The precious metals complex found support as US Treasury…
Silver Price Forecast: Silver Hits New High Amid Bullish Trend, Faces Resistance Ahead
Elliott Wave points to 35.05 Adding a simple Elliott Wave analysis to the current uptrend shows that silver is likely…
Silver (XAG) Daily Forecast: Industrial Demand Boosts Silver, but Price Faces Pressure Below $31.25
The role of silver in the global energy transition Silver plays a crucial role in the global energy transition, especially…