Thursday 13th April 2023: Technical Outlook and Review
Gold has been displaying bullish momentum on the chart, with the price above a major ascending trend line. This suggests further bullish momentum could be on the cards for XAU/USD.
Wednesday 12th April 2023: Technical Outlook and Review
Gold prices have been showing a bullish momentum, being above the Ichimoku cloud and an ascending trend line. This suggests that prices may rise further. In the short term, prices could potentially make a bullish continuation towards the 1st resistance level.
Tuesday11th April 2023: Technical Outlook and Review
Looking at the DXY chart, the overall momentum is currently bearish. There is potential for a bearish continuation towards the 1st support level at 102.06, which is a pullback support level. If the price were to break below this level, the next support level it could drop to is the 2nd support level at 101.45, which is also a pullback support level.
Monday 10th April 2023: Technical Outlook and Review
Gold prices have been experiencing a bullish trend, with the overall momentum of the chart showing a strong uptrend. While there may be some short-term fluctuations, it is likely that the price will continue its upward trajectory.
Wednesday 05th April 2023: Technical Outlook and Review
Gold has been showing strong bullish momentum with potential for a bullish break through of the 1st resistance level and rise towards the 2nd resistance level. The overall bias is bullish, with price above an ascending trend line indicating further bullish momentum is on the cards.
Tuesday 04th April 2023: Technical Outlook and Review
Gold has been facing bearish momentum on the chart against the US Dollar, as reflected by the multi-swing high resistance at 1789.00. The overall bias is bearish, and the precious metal could continue to fall towards the first support at 1945.00.
Easter Holidays Trading Schedule 2023
Dear Trader, Please find our Updated trading schedule and general information for the Easter Holidays starting Friday, 07th April 2023 .
Ching Ming Festival Holiday Trading Schedule 2023
Dear Trader, Please find our updated trading schedule and general information related to the Ching Ming Festival (Tomb Sweeping Day) Holiday on Wednesday, April 5th, 2023. All times mentioned below are Platform time (GMT +3)
Anzac Day Trading Schedule 2023
Dear Trader, Please find our updated Trading schedule for the Anzac Day on Tuesday, 25th April 2023 . Times mentioned below are Platform time (GMT +3).
