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.
IC Markets Asia Fundamental Forecast | 29 March 2023
IC Markets Asia Fundamental Forecast | 29 March 2023 What happened […]
Tuesday 28th March 2023: Asian Markets End on Divergent Note as Banking Fears Subside and Oil Rallies
Global Markets: Asian Stock Markets : Nikkei up 0.15%, Shanghai Composite […]
IC Markets Europe Fundamental Forecast | 28 March 2023
IC Markets Europe Fundamental Forecast | 28 March 2023 What happened […]
Tuesday 28th March 2023: Technical Outlook and Review
Gold Maintains Bullish Momentum, Could See Continuation Towards Resistance Levels Gold's overall momentum remains bullish, as the precious metal continues to trade above key support levels. Currently, gold is trading at around $1965.00 against the US dollar.
IC Markets Asia Fundamental Forecast | 28 March 2023
IC Markets Asia Fundamental Forecast | 28 March 2023 What happened […]
Monday 27th March 2023: Oil and Gold Prices Slip as Asian Markets Trade Cautiously
Global Markets: Asian Stock Markets : Nikkei up 0.33%, Shanghai Composite […]
IC Markets Europe Fundamental Forecast | 27 March 2023
IC Markets Europe Fundamental Forecast | 27 March 2023 What happened […]
Monday 27th March 2023: Technical Outlook and Review
The XAU/USD chart is currently showing bearish momentum, with potential for a continuation towards the first support level at 1948, which is an overlap support level. If prices were to drop further, they could reach the second support level at 1881, which is also an overlap support level and coincides with the 61.80% Fibonacci retracement level.
