Any relief in sight for melting gold?

Gold’s meltdown shows little sign of easing, with the precious metal heading for a fourth straight week in the red.
XM Group | 133 hari yang lalu

Overview: The price has tumbled to an eight-month low of 3,959 on Wednesday, marking a decline of more than 10% in June and nearly 30% from January’s record high. The bears remain firmly in the driver’s seat as the downtrend spills into the medium-term outlook, though a nearby support zone could inspire a temporary rebound.

Momentum: The RSI and stochastic oscillator have both entered oversold territory, indicating that a potential turning point may be approaching.

Bullish scenario: The bulls could emerge near the 3,890 support zone, opening the door for a recovery toward the 20-SMA around 4,250.

Risk: A decisive break below 3,800 could accelerate the bearish trend.

XM Group
Tipe: Market Maker
Regulasi: FSA (Seychelles), FSC (British Virgin Islands), CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)
baca selengkapnya
🇺🇸 US Midterm Elections: Political Gridlock Raises Fiscal and Debt Risks

🇺🇸 US Midterm Elections: Political Gridlock Raises Fiscal and Debt Risks

Democratic control of Congress sets the stage for prolonged confrontation with the Trump administration over spending, taxation and the debt ceiling. With US debt approaching $40.5 trillion and fiscal deficits remaining substantial, political uncertainty could intensify, influencing dollar liquidity, Treasury markets and global investor sentiment.
Headway | 6 jam 42 menit yang lalu
 Dollar extends election-related slide, stocks rebound

Dollar extends election-related slide, stocks rebound

Dollar tumbles as expectations of fiscal stimulus and inflation ease - Strong October jobs data could still revive Fed tightening bets - Sterling awaits BoE’s vote, projections and policy guidance - Wall Street rallies amid reduced Fed hike bets and tumbling oil prices
XM Group | 11 jam 47 menit yang lalu
The euro has spread its wings

The euro has spread its wings

The euro is rising as oil and the dollar fall: eurozone inflation at 4% raises the odds of an ECB rate hike, while a cooling US economy gives the Fed a reason not to rush.
FxPro | 12 jam 7 menit yang lalu