Tag Archives: Gold

Gold (XAU/USD) has entered a temporary consolidation phase after facing strong selling pressure near its recent peak at $4,642 per ounce. This pause reflects a period of sideways movement as the market awaits clearer directional signals. Technical Outlook – 4-Hour Chart The broader trend remains firmly bullish. Simple moving averages …

Gold dipped slightly to around $4,615 in the latest session, but the move is best seen as a brief pause rather than a retreat. After months of steady gains, investors are taking profits while maintaining confidence in the precious metal’s long-term appeal. Even amid daily fluctuations, gold continues to hover …

Oil prices edged lower in Asian trading on Wednesday after the previous session’s sharp rally driven by fears of supply disruptions in Iran, as investors turned their attention to data showing a sizeable build in U.S. crude inventories. Brent futures for March slipped 0.4% to $65.19 a barrel by 01:18 …

Oil prices edged lower in Asian trading on Wednesday after the previous session’s sharp rally driven by fears of supply disruptions in Iran, as investors turned their attention to data showing a sizeable build in U.S. crude inventories. Brent futures for March slipped 0.4% to $65.19 a barrel by 01:18 …

Gold (XAU/USD) continues its upward momentum, aligning with our positive outlook from the previous report, approaching the first target of $4641 and currently trading at $4639 at the time of writing. Technical Outlook – 4-Hour Timeframe: The continued influx of buying capital reflects a clear dominance of buyers within the …

Oil prices extended their rally in Asian trading on Tuesday, rising for a fourth straight session as markets priced in mounting supply risks from Iran and Russia, offsetting lingering expectations of additional barrels returning from Venezuela. By 21:18 ET (02:18 GMT), Brent crude futures for March delivery were up 0.4% …

Gold (XAU/USD) extended its strong upward momentum, successfully reaching the projected target zone near $4,630 per ounce. Technical Outlook – 4-Hour Chart Current price action reflects a phase of natural and limited profit-taking following the sharp rally — a healthy behavior within the broader bullish structure. The Relative Strength Index …

Oil prices held largely steady in Asian trading on Monday, as markets balanced the growing risk of supply disruptions from escalating unrest in Iran against the prospect of additional barrels returning from Venezuela. Brent crude futures for March delivery edged up 0.1% to $63.39 a barrel, while U.S. West Texas …

Oil prices rose in Asian trading on Friday, extending a strong rebound from the previous session as investors focused on the growing risk of supply disruptions in Russia and Iran amid escalating geopolitical tensions. The recovery came as fears of an immediate surge in Venezuelan crude supplies eased, helping stabilize …

Oil prices edged higher in Asian trading on Thursday, rebounding from two consecutive sessions of losses, although gains were trimmed after a Wall Street Journal report suggested the United States is planning to exert long-term control over Venezuela’s oil industry. The report reignited concerns that global crude supplies could rise …