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Tag: Reversal
Silver (XAG) Daily Forecast: Bullish Break Above $30.87 or Bearish Reversal?
Economic data and policies are driving market sentiment The US dollar has recovered from multi-month lows, buoyed by expectations of…
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 News: Election Uncertainty and Fed Policy—Bearish Reversal or Bullish Breakout?
Weekly Gold (XAU/USD) Gold's weekly technical data reveals a potentially bearish close reversal top, with a higher high and a…
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) Daily Forecast: Double-Bottom Pattern Signals Potential Reversal at $33.35
Expectations of interest rate cuts by the Fed impact the silver price Thursday's economic indicators painted a resilient picture of…
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…