Key Highlights Gold is attempting a fresh increase from the $2,292 support zone. A major bearish trend line is forming with resistance at $2,355 on the 4-hour chart. EUR/USD could gain bullish momentum if it clears the 1.0780 resistance. Oil prices might continue to move up toward the $85.00 resistance. Gold Price Technical Analysis Gold […]
The post Gold Bulls on Shaky Ground: Key Obstacles Ahead appeared first on Action Forex.
Minutes from June FOMC meeting highlight continued concerns about the slow progress in reducing inflation this year. Participants emphasized that it would not be appropriate to lower interest rates until there is “greater confidence” that Read more…
June 11–12, 2024 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, June Read more…
Key Highlights USD/CAD started a fresh decline from the 1.3750 resistance. It traded below a key bullish trend line with support at 1.3670 on the 4-hour chart. EUR/USD rallied above the 1.0750 resistance zone. Gold Read more…