Gold (XAU/USD) experienced a $100 drop but $3050 support held firm amidst tariff announcements and profit-taking. Volatility is expected to continue, with potential for whipsaw price action in the coming days. Upcoming US Nonfarm Payrolls report will influence Federal Reserve policies and impact Gold prices. Gold prices fell off a cliff this morning despite a […]
The post Gold (XAU/USD) Tumbles $100+, $3050 Support Holds Firm. What Next? appeared first on Action Forex.
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of Bitcoin (BTCUSD) published in members area of the website. As our members know, Bitcoin is currently correcting its Read more…
In our 28 January report, “Bitcoin Price Holds Above $100k. For Now?”, we highlighted the heightened volatility surrounding Trump’s inauguration. We speculated that major market players might have capitalized on this surge to lock in Read more…
US Nonfarm Payrolls data for March 2025 is released April 4th, with expected job growth of 135K-140K. Market reaction is heavily influenced by recent tariff announcements and expectations of Federal Reserve policy changes. Fed Chair Read more…