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#XAUUSD#Gold prices dropped sharply after Trump's remarks regarding the ceasefire.
The current trend is bearish. We have consistently recommended selling into rallies today,
while also monitoring whether the 4050 level might offer a new opportunity for a rebound.
WTI Price Forecast: Hovers around mid-$68.00s amid oversold RSI; bearish potential intact
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh sellers following an intraday uptick to the $69.25 area on Friday, its modest bounce from the lowest level since late February touched the previous...
USD/JPY Price Forecast: Seems vulnerable near two-week low, below 23.6% Fibo. at 161.00
The USD/JPY pair turns lower for the second straight day following an intraday uptick to mid-161.00s and drops to a more than two-week low during the first half of the European session on...
Breaking: US Nonfarm Payrolls rise by 57K in June vs. 110K expected
Nonfarm Payrolls (NFP) in the United States (US) rose by 57K in June, the US Bureau of Labor Statistics (BLS) reported on Thursday. This print followed the 129K increase (revised from 172K) recorded in May and fell short of the market expectation of 110K by a wide...
#gold #silver #NFP #Oil
Guys Hope you all well,The most important news of today's Average Hourly Earnings m/m , Non-Farm Employment Change , Unemployment Rate , Unemployment Claims
#USD#Gold#Silver
GMT TIME
WTI Oil dips below $68.00 amid news of progress in the US-Iran peace talks
Crude Oil prices extended their decline on Thursday, as Qatari mediators reported “positive progress” on the indirect talks between the US and Iran held in Doha on...
Gold intraday: bullish bias above 4040.
Target level found at
4,122
Pivot level found at
4,040
Support level found at
4,005
Our preference
Long positions above 4040 with targets at 4095 & 4122 in extension.
Alternative scenario
Below 4040 look for further downside with 4005 & 3985 as targets.
Comment
The RSI is mixed and calls for caution.
Gold intraday: under pressure.
Target level found at
3,900
Pivot level found at
4,020
Resistance level found at
4,050
Our preference
Short positions below 4020 with targets at 3940 & 3900 in extension.
Alternative scenario
Above 4020 look for further upside with 4050 & 4090 as targets.
Comment
Technically the RSI is below its neutrality area at 50.
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📷 United States Weekly Unemployment Insurance Claims Index
Actual 226K📷
Expected 225K
Previous 229K
📷 Continuing Unemployment Claims Index
Actual 1810K📷
Expected 1800K
Previous 1795K
📷 Philadelphia Business Index Monthly Changes for June
Actual 10.3📷
Expected 10
Previous number -0.4
#USD #Gold
📷 Axios: The United States and Iran have electronically signed a memorandum of understanding to end the war, and this memorandum is now in effect.
#USD#Gold#Oil📷
📷 The Federal Reserve interest rate will be announced in a few minutes.
📷 It is expected that the interest rate will remain unchanged in this session.
#USD#Gold
📷 US #Oil price has dropped 7% 📷today, falling below $76 per barrel, following news suggesting an expectation for sanctions relief to be included in the US-Iran agreement.
#Oil#Gold