Friday 31th March 2023: Technical Outlook and Review
XAU/USD sees bearish momentum with potential for a bearish reaction off the 1st resistance and a drop towards the 1st support. The 1st support level is at 1936.00, which is an overlap support and coincides with a 38.20% Fibonacci retracement. If price were to break below this level, it could drop towards the 2nd support at 1910.00, which is also an overlap support and lines up with a 50% Fibonacci retracement.
IC Markets Asia Fundamental Forecast | 31 March 2023
IC Markets Asia Fundamental Forecast | 31 March 2023 What happened […]
Thursday 30th March 2023: Asian Markets Follow Wall Street Higher, Gold Shines
Global Markets: News & Data: Markets Update: Asian markets ended the […]
IC Markets Europe Fundamental Forecast | 30 March 2023
IC Markets Europe Fundamental Forecast | 30 March 2023 What happened […]
Thursday 30th March 2023: Technical Outlook and Review
The price of XAU/USD is currently experiencing bearish momentum, indicating that it may potentially move towards the 1st support level. The overall momentum of the chart is bearish.
IC Markets Asia Fundamental Forecast | 30 March 2023
IC Markets Asia Fundamental Forecast | 30 March 2023 What happened […]
IC Markets Europe Fundamental Forecast | 29 March 2023
IC Markets Europe Fundamental Forecast | 29 March 2023 What happened […]
Wednesday 29th March 2023: Alibaba’s split plan boosts Asian markets; dollar slips
Global Markets: News & Data: Markets Update: Asian shares rose sharply […]
Wednesday 29th March 2023: Technical Outlook and Review
Gold prices have been exhibiting bullish momentum, supported by the fact that price is currently above the bullish Ichimoku cloud. In the near term, prices could potentially continue to rise towards the first resistance level.
