TVC:DXY OANDA:XAUUSD Investors around the world are seeking for safe heaven asset investment to mitigate the risk of their financial portfolio amid the ongoing COVID-19 pandemic and global economies have begun executing their stimulus packages as a precaution against the market turmoil right now. The precious yellow metal trading at $100 (approximately) on...
The ongoing COVID-19 pandemic crisis has proven to be one of history's biggest market fluctuators wth economies worldwide taking the same hit and businesses scrambling to stay afloat. Where lives and livelihoods are at stake every ticking second, the US has recently started QE (Quantitative Easing) to help the economy brace itself for the drastic negative effect....
The finest industrial metal of the world refusing to give up its value on the daily chart. With the growing demands of material goods, made out of industries in this digital saga: It is used for jewellery and silver tableware, where appearance is important. Silver is used to make mirrors, as it is the best reflector of visible light known, although it does...
BITSTAMP:BTCUSD Active market volume can bee seen at the time when month of "DECEMBER" is on the count. Entry on top value with every resistance terrain, will transform accuracy towards succession.
Measuring Unit : Per Ounce (oz) Declining price of global cross asset XAUUSD - Gold, from $1414. OANDA:XAUUSD Daily close below $1406 will escalate bearish pressure till $1496. Penetrating above $1412 will more buy stop order until $1222.
15 minutes charting is also an essential element for price probabilities. This current chart for XAUUSD shows that traders can apply their breakout strategies between the range of $1415 and $1417. Stop Loss and Profit Booking for $10.
With light news this week, despite rate hike and directionless movements. Gold will be looking forward for consolidation. OANDA:XAUUSD