Gold (XAUUSD) - A Top-Down Technical Analysis: Navigating Key Levels Amidst Shifting Momentum Analyst: Sochima Charles Nzeakor /Firm Name - UpperCase Date: May 29, 2025 Introduction: Gold (XAUUSD) has been a focal point for global investors, offering a safe haven amidst geopolitical uncertainties and inflationary pressures. This top-down analysis delves into...
Top-Down Analysis of the Image. 1. Macro Context: Asset Classes & Instruments - USD & XAUUSD. The image focuses on two key financial instruments: - USD.l Likely tracking the US Dollar Index (DXY) or a USD-paired asset. - XAUUSD**: Gold priced in USD, a critical safe-haven commodity. - Bearish Sentiment**: Both sections show descending price...
Made this analysis last night but forgot to post it here..... So you can join the train of bullish gold market. This week is high on bullish, so we will be looking to analyse and enter on a smaller time frames to look for only bullish confluences. As you can see it's coming from a strong demand zone from a daily timeframe , at around 3200 per ounce, heading...
Top-Down Analysis of AUDUSD Understanding the Chart: The provided chart displays the AUDUSD pair on a 4-hour timeframe. We can observe price action, support and resistance levels, and potential trend directions. Overall Trend: * Short-term: The market appears to be in a downtrend based on recent price action. * Long-term: A broader perspective (not visible on...