Forex Signal Bullish

Mr. Jakaria

What is the difference between Doji and Spinning Top candles?

In technical analysis, both Doji and Spinning Top are candlestick patterns that represent periods of market indecision, but they have some differences in their formations and implications. Here’s a detailed comparison: Doji Candlestick Spinning Top Candlestick Key Differences Example Both patterns are used by traders to gauge market sentiment and potential future movements, but they …

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Gold Experiences Modest Rebound After Steep Descent

Gold Experiences Modest Rebound After Steep Descent

The price of gold (XAU) experienced a notable decline of 3.33% over the past week. Nonetheless, XAUUSD saw a slight ascent from 2,330 to 2,340 on Friday. Potential Implications for Traders Last week’s precipitous drop in gold prices led to an anticipated upward correction on Friday. Market observers expect gold to test the 2,330 support …

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Gold Recedes from Pinnacle Peaks

Gold relinquished its footing near $2,420 per ounce on Tuesday, descending from recent zeniths, as market participants mulled over the latest discourse from Federal Reserve dignitaries. Despite the moderation in US consumer price inflation observed last week, Fed authorities remain reticent to declare that inflation is steering towards the central bank’s envisaged target, with numerous …

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Gold Falls for a Third Day as Price Correction from Record High Continues

The value of amber experienced a decline in the early hours of Wednesday, marking the third consecutive decrease as an adjustment unfolds subsequent to the pinnacle achieved on Friday. Amber designated for delivery in June was recently observed to have descended by US$7.80, now standing at US$2,334.30 for each unit. This decrease coincides with an …

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Gold, Gold trading, xausud signals

Gold retreats as fears of wider Mideast conflict subside

Amber recedes as apprehensions of broader Mideast strife diminish Tehran diminishes significance of Israel’s retaliatory strikes Investors drawn back to more venturesome assets PCE inflation statistics set for release on Friday Amber values dipped over 1% on Monday as waning concerns regarding a broader Middle Eastern conflict encouraged investors’ appetite for risk, reducing the allure …

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Middle East turmoil props gold for fifth straight weekly gain

Amidst the tumult in the Middle East, gold continues its ascent for the fifth consecutive week. The allure of the precious metal strengthens as geopolitical tensions heighten, driven by escalating hostilities between Iran and Israel. The value of gold surged on Friday, positioning itself for a fifth straight week of gains. Investor interest in this …

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Amber persisted beyond $2,170 per troy ounce on Thursday following a near 1% uptick in the prior session, albeit investors retained prudence anticipating additional US economic data that might furnish further insights into monetary policy prospects. US manufacturer inflation, retail transactions, and weekly unemployment filings are slated for Thursday. On Tuesday, statistics unveiled that the …

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