Tag - metal

Gold Trade Update
Gold Trade Update

Daily Chart 4H Chart Gold managed to post further gains at the end of last week's trading amid fears of Covid19-Delta variant, in addition to the Federal Reserve's remarks about QE tapering…

Gold Trade Update
Gold Trade Update

Daily Chart 4H Chart Gold began the week higher breaking multiple resistance areas, including 1780 followed by 1800 and closed yesterday's trading above 1800 for the first time since the flash crash that happened few weeks ago…

Gold Holding Well Above 1775
Gold Holding Well Above 1775

Gold Daily Chart Throughout last week’s trading, gold traded within a tight range, but it also managed to hold well above its 1775 support area until the end of the week, while the technical indicators has improved over the past few days, including…

Gold Trying to Break Higher
Gold Trying to Break Higher

Gold H4 Chart  Gold Daily Chart Gold managed to recover over 50% of its flash crash that occurred at the beginning of this week…

EUR/GBP: bears eye 16-month-old support
EUR/GBP: bears eye 16-month-old support

The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.

USD/JPY edges higher as risk appetite improves
USD/JPY edges higher as risk appetite improves

Global equity markets have scaled record highs in recent days on hopes for a faster economic revival led by successful vaccine rollouts and expectations of a large US pandemic relief package.

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