Key Highlights Gold price is struggling to recover above the $1,735 resistance. A key bearish trend line is forming with resistance near $1,725 on the 4-hours chart. EUR/USD and GBP/USD are signaling a fresh bearish wave. The UK CPI could increase 10.2% in August 2022 (YoY), up from 10.1%. Gold Price Technical Analysis Gold price […]
The post Gold Price At Risk of A Drop Below $1,680 appeared first on Action Forex.
Daily Pivots: (S1) 211.83; (P) 212.16; (R1) 212.71; More… Intraday bias in GBP/JPY stays neutral first. Outlook is unchanged that rebound from 207.20 could have completed with three waves up to 213.28. Below 210.78 will Read more…
Daily Pivots: (S1) 183.02; (P) 183.30; (R1) 183.77; More… Intraday bias in EUR/JPY stays neutral for the moment. On the downside, below 181.85 will target 180.78 support. Decisive break there will indicate that fall from Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal The imagery of the vine-covered walls, Read more…