Market Analysis – February 15th Gold (XAUUSD) faces a drawback as selling influence grows. The gold market has been experiencing a significant downturn as selling pressure intensifies. This week, the yellow metal has been a spectacle of downfall. Recently, buyers have seemingly given up on their attempts to push the price higher. Gold (XAUUSD) Important […]
Saudi Arabia witnesses a rise in stocks following Sunday’s close, with the Industrial Investment, Transport, and Real Estate Development sectors leading the surge. At the close of trading in Saudi Arabia, the Tadawul All Share index increased by 0.05%. Among the top performers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication […]
Market Analysis – February 10th Gold (XAUUSD) Struggles to Find Bullish Momentum. The market has been holding around the significant level of 2039.190, with buyers facing resistance. Despite their efforts, gold is currently in a consolidation phase, lacking progress. Buyers have been lacking the necessary strength to push through in the gold market. Gold (XAUUSD) […]
Market Analysis – February 1st Gold is eyeing a stronger trend amid a slow impulse. Gold continues to show potential for a stronger trend as the yellow metal quietly spreads out and seeks a stronger purge. Despite selling influences, the buyers have demonstrated strong resilience this week. This is evident in their pursuit of higher […]
Participants in the commodity market will closely examine the Federal Reserve’s policy guidance in the upcoming week. Investors are on edge as the Federal Open Market Committee (FOMC) and the Bank of England (BoE) prepare for their upcoming meetings. The fluctuating risk sentiments stem from the latest US economic data and China’s plans to boost […]
Market Analysis – January 25th Gold buyers await fresh momentum as the market consolidates. Gold traders have been experiencing a stagnant phase this week, as buyers seem to be stuck in their positions. The market has been in a consolidation phase, depriving traders of the opportunity to make significant gains. Instead of a breakthrough, gold […]
Market Analysis – January 18th Gold buyers show resilience despite their recent losing streak. Gold continues to defy expectations as buyers remain in control of the market. Despite experiencing a losing streak in the past few days, gold is ready to bounce back. The buyers have displayed remarkable resilience, refusing to back down. The bears […]
Introduction: The recent approval of Bitcoin ETFs marks a significant milestone in the financial landscape, ushering in a new era for cryptocurrency investors. Drawing parallels with the evolution of Gold ETFs, we delve into the transformative potential and implications of this development. Gold ETFs: Streamlining Precious Metal Investments Investors have long cherished gold for its […]
Market Analysis- January 11th Gold bullish strength moves on the sidelines. The bullish trend in gold is currently moving on the sidelines as buyers lack the tenacity to accelerate at a faster pace. Despite gold hanging on to its bullish sentiment, the buying momentum has been slowed down. Since last year, buyers have maintained a […]
