August 17, 2021

The pair, AUDUSD, has been trading within a key support area for the past couple of days – the 0.73100. But today, the pair was able to pierce through this support area, closing below the support area. A close back above this structure support level will give in to a possible bullish reversal that takes

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August 16, 2021

As Gold price rallied up and traded just below $1800 an ounce on Monday, this might be another opportunity for another Gold selloff if the $1800 price proves to be a strong resistance level. Gold is overall bearish and every pip rise gives sellers a reason t push the yellow metal further down. And yesterday,

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August 13, 2021

Trading around $1750 and above, the pair Gold (XAU/USD) was trading high within the first resistance R1 at the start of the European Session. But today is Friday, most businesses and investors will try to round up their business activities for the day being the end of the business week. As such, Gold (XAU/USD) is

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August 12, 2021

Thanks to a weaker inflation record, Gold saw a solid gain yesterday as inflation seems to have peaked. The US CPI report for the month of July came in weaker than expected and this gave the Gold futures momentum to the upper side as the bull saw a price increase and traded toward the first

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August 11, 2021

Gold – XAUUSD setup remains quite bearish and our forecast remains short on Gold. As the psychological level below the $1760 mark gets weaker, Gold may decline back towards the $1700 and below. But a breakout above this level could see Gold aiming for the $1792 and $1800 level. “Gold’s worst enemy remains a stronger

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