Gold breaks lower from descending channel
Gold stays vulnerable near March lows around 4,300, with bears retaining control as the breakdown below the key 200-day SMA stays in play. Can it reclaim the channel?
XM Group
|
150 hari yang lalu
Overview: Gold is extending losses after breaking below a downward‑sloping channel, now trading beneath multi‑month lows near 4,300. The move follows a drop of over 3% in the previous session, which pushed price below the key 200‑day SMA reinforcing the bearish bias.
Momentum: MACD and RSI both indicate persistent downside pressure, although RSI nearing oversold territory may limit immediate follow‑through in the short term.
Bearish scenario: Failure to hold 4,300 could expose 4,200, with a further drop toward 4,100 – aligned with November lows – marking a full retracement of the March 2–23 move.
Risk: A move back inside the channel near 4,325 would weaken the current bearish structure.
XM Group
4.3
438 ulasan
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
Daily Technical Analysis: Gold jumps 2% to trade above $4,140 as the dollar weakens
Dow Jones remains strongly bullish on the 1-hour chart after breaking above the previous consolidation zone and accelerating toward 53,644.
STARTRADER
|
8 jam 47 menit yang lalu
Daily Fundamental Analysis: Dow Jones surges 1,500 points following Democrats win in election
US equity futures edged higher this morning following a powerful rally in the previous session, supported by a sharp decline in oil prices and greater clarity following the US midterm elections.
STARTRADER
|
8 jam 51 menit yang lalu
🇺🇸 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
|
11 jam 13 menit yang lalu
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
|
16 jam 18 menit yang lalu
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
|
16 jam 38 menit yang lalu
Midweek Technical Look – US100, OIL, BTCUSD
OIL extends steep slide to a two-month low. US100 tests 200-day SMA support near 28,000. BTCUSD rallies back above 80,000.
XM Group
|
17 jam 26 menit yang lalu
Democratic Sweep Weakens the US Dollar and Lifts Precious Metals | 5th November, 2026
A Democratic sweep of Congress pushed the Dollar toward a one-month low and lowered yields. Gold surged past $4,100 after its biggest daily gain since mid-August, and silver climbed to about $53.10. USD/JPY slipped to around 158.00 on hawkish BoJ Minutes, USD/CAD fell to 1.3950, and NZD/USD rose to 0.5630. Watch the BoE decision and Friday’s payrolls.
Moneta Markets
|
17 jam 33 menit yang lalu
Dow Holds Near 53,578 After 3% Election Rally as Democrats Win Congress
A roughly 3% surge after Democrats secured both chambers, plus falling oil prices and easing Treasury yields, lifted the Dow, with jobs and inflation data as the next tests.
VT Markets
|
17 jam 53 menit yang lalu
