Gold price resumed its positive trading after the decline it witnessed yesterday, as it consolidated above 1830.00 level, to keep the bullish trend valid on the intraday term, organized within the bullish channel that has positive targets that start by testing the 1860.00 areas.
The moving average 50 supports the …
News of the day, Tuesday, 25 January
Foreign enterprises operating in China became very vulnerable with the new Omicron variant spread. China’s strict localized lockdown strategy has been showing a delightful performance so far, but that was an “old” COVID-19 case. The contagious Omicron might cause more lockdowns. Surely, they …
The GBP/USD pair traded with strong negativity yesterday, to achieve our first extended target of 1.3460 and try to break it, affected by the previously completed double top pattern, waiting for more decline to visit 1.3400 as a next corrective station.
Therefore, we expect the bearish bias to continue in …
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