Dollar once again hit 4.25$ level which was resistance from 2016 to february 2022 when price went above and this way created support which was tested in may/june 2022, january/february 2023 and right now. It seems solid so I would expect 5$ level retest in the near future and that way creating double bottom on current support. But if price will go below 4.25 and...
Gold price once again reached 2k level and stopped.
This week volumen was not peaking so even though it slightly overshot 2k, with current data I don't believie it will break this level.
On April 12th US cpi will be published so if it will significatnly rise, panic can result in peaople buying gold as a reliable form of keeping their money.
Speaking technically,...
Stoch and MACD indicates us uptrend.
After bouncing from support levels drawn with red lines price eventually started taking off.
Growing price of bitcoin also help RSR to go up.
