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With the appearance of the Failing Wedge pattern on the 4-hour chart, it gives an indication that in the near future it has the potential to go to the level of 3297.43 and if the momentum and volatility support it, Gold will continue to strengthen again to the level of 3343.81, but if on its way to these levels, there is suddenly a weakening correction that breaks through and closes below the level of 3201.44, then all the strengthening scenarios that have been described earlier will be invalid and automatically canceled by themselves.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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The British pound remains under pressure due to the challenging economic situation in the United Kingdom. Recent economic data confirms this, which naturally affects demand for the sterling. Weak manufacturing
The Eagle Indicator is showing a negative signal, so if the price falls below 3,359, it is seen as a signal to sell with targets at the 5/8 Murray around
Bitcoin is trading around $115,400 after reaching the key level of $115,000, and a technical rebound is likely imminent in the coming hours, reaching the 21SMA around $118,350. If Bitcoin
Early in the European session, the EUR/USD pair is trading around 1.174, undergoing a technical correction after attempting to break below the 1.1790 level. The euro is likely to continue
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