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Markets The dust settled after yesterday’s violent sell-off in the US tech sector. Dip-buying already emerged during the day in certain individual companies. Others closed near or at their intraday lows only to be picked a day later. US indices as a whole kick off more or less unchanged though. Core bond yields recoup some […]

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Gold (XAU/USD) Price Analysis: Bullish Bias Amid Tariff Uncertainty and FOMC

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19/09/2024

Fed Delivers ‘Hawkish’ 50bp Rate Cut

In focus today Today we will focus on multiple central bank monetary policy meetings. Norges Bank (NB) will announce its rate decision at 10.00 CET followed by a press conference at 10.30 CET. We believe that NB will keep the policy rates unchanged, and signal that rates will be kept at that level for some […]
02/09/2024

CADJPY Wave Analysis

CADJPY reversed from key support level 105.00 Likely to rise to resistance level 110.00 CADJPY currency pair recently reversed up with the weekly Hammer from the key support level 105.00 (which has been reversing the price from the middle of 2023). The support level 105.00 was strengthened by the lower weekly Bollinger Band and by […]
07/12/2023

What’s Next for Gold Price – XAU/USD Technical Analysis

Talking Points: Why did gold prices decline sharply? Daily Chart Analysis 4-Hour Chart Analysis What’s next for Gold Prices? Why did gold prices decline sharply? Gold Price fell significantly last week after reaching an all-time high of $2150/Oz, the price fell to $2020/Oz within a day which left many traders stunned and unable to comprehend […]