Xau/Usd
-Risky Trade
Trade here with lowest spread - https://one.exness-track.com/b....oarding/sign-up/a/uq
Xau/Usd
-Risky Trade
Trade here with lowest spread - https://one.exness-track.com/b....oarding/sign-up/a/uq
Crude oil prices rose in recent intraday trading, attempting to recover part of their recent losses, supported by improving relative strength indicators after reaching deeply oversold levels, helping to generate positive signals that encouraged buying activity.
Despite this improvement, the short-term technical outlook remains bearish. A strong downward trend continues to dominate price action, while trading below the EMA50 keeps negative pressure valid and limits the chances of a sustained recovery in the near term.
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returning to the $4,500 atrea following rejection at the $4,590 resistance area. Precious metals remain weighed, as tensions between Iran and the US escalate and Israel ramps up operations in Lebanon, and with a data-busy week ahead in the US.
speaker
The US and Iran exchanged attacks earlier on Monday, and Israel extended its occupation in Lebanon, adding strain to a frail ceasefire in the region. US President Donald Trump is still due to sign the memorandum of understanding that would extend the truce, while in Iran, the speaker of the parliament vowed retaliation to “clear evidence of US non-compliance with the ceasefir
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Gold Tests Buyers’ Strength After Strong Rally – Analysis
Gold prices moved in a volatile but slightly lower range during recent intraday trading, reflecting a natural profit-taking phase following the previous rally. The metal is attempting to rebuild bullish momentum while maintaining overall technical stability despite current selling pressure.
At the same time, gold is working to ease overbought conditions on the relative strength indicators, which began to generate negative signals. However, the technical outlook remains supported by a prior breach to a short-term bullish trendline and continued trading above the
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