FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

Gold failed to break sharply through the downtrend channel and the 200 EMA located at 1,759. Since then, it has been showing signs of exhaustion and it is likely...

According to the daily chart, we can see that gold is forming a bullish pennant pattern. It is likely that if it confirms the break of this pattern above 1,765...

If we look at the daily chart of the Silver commodity asset, it can be seen that the Bullish Pitchfork Channel has formed where Silver's position is currently trying...

Early in the American session, Gold (XAU/USD) is trading around 1,741 below the 21 SMA located at 1,751.64 and below the downtrend channel which has been in progress since November...

The immediate resistance is seen on the 4-hour chart at the 21 SMA (1,760) and the 8/8 Murray around 1,850. A pullback into this zone will be seen...

Technical analysis: Silver is trading around key pivot level at 21 and I see potential for further upside continuation in next period. Trading recommendation: Due to the strong upside cycle...

Although gold and silver showed strong gains in November, they are still likely to face challenges in 2023 as US monetary policy is expected to remain extremely tight. Metals Focus...

In case there is a bounce around 1,751, it will be a signal to buy or we could sell at current price levels if gold remains below 1,769 (21 SMA)...

Technical analysis: Silver has been trading upside this morning and there is chance for the bigger growth due to the strong upside trend in the background. Trading recommendation...

The gold market has seen an impressive rally over the past two weeks as prices hold near their highest levels in three months. But one bank remains firmly bearish...