Gold Price Forecast: XAUUSD clings to gains near $1,860 amid falling yields.

Gold Price extends a five-day rally amid a broadly subdued US dollar. Risk-aversion, falling Treasury yields boost the XAUUSD gains.Focus on daily closing above 21-DMA for the additional upside. Gold Price is heading back towards the highest levels in two weeks, as bulls continue to draw support from the falling US Treasury yields across theContinue reading “Gold Price Forecast: XAUUSD clings to gains near $1,860 amid falling yields.”

EUR/USD to make a technical correction in the near-term.

EUR/USD has managed to build on Monday’s gains and broken above 1.07. However, the pair remains technically overbought in the near term, suggesting that there could be a technical correction before the next leg higher, FXStreet’s Eren Sengezer reports. EUR/USD could extend its rally after 1.07 is confirmed as support.“The Relative Strength Index (RSI) indicatorContinue reading “EUR/USD to make a technical correction in the near-term.”

Forex Signals for Wednesday 24th May 2022

Forex Signals for Wednesday 24th May 2022 . We will not be responsible for any losses incurred.  Want to start trading. Click the banner below.  Caution!!!! Between 74-89% of retail investor accounts lose money when trading CFDs”. … Buy Gold at 1855 Take profit at 1865 Stop loss at 1845 …… Get 100% bonus. DepositContinue reading “Forex Signals for Wednesday 24th May 2022”

Price outlook(GBP/USD);level to watch for continues dollar weekend

Cable (GBP/USD) Price Outlook: Levels to Watch for Continued Dollar Weakness   After the month-on-month growth contraction in March, traders and investors will be closely monitoring complementary data prints that provide an indication of future economic activity. All PMI data apart from the euro zone took a negative turn in the recent respective prints but remainContinue reading “Price outlook(GBP/USD);level to watch for continues dollar weekend”