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Gold analysis for 12.11

Gold price starts today’s trading with a slight bearish tendency to move below 1860.00. However, we will rely on the daily closing above this level that the price achieved. Therefore, we continue suggesting the bullish trend for the upcoming period, with the price heading towards the 1900.00 level mainly.

The …

Currency pair analysis: GBP/USD

The GBP/USD pair shows additional negative trades to move away from the 1.3415 level. It supports the continuation of the bearish trend scenario on the intraday and short term, and we believe that the way is open to achieving our next target at 1.3300. Breaching it is the key to …

12.11. Dollar at 16-month high, oil falls

News for today, November 12:

On Friday, the U.S. dollar is about to conclude the best week in five months amid expectations of a Federal Reserve rate hike, which are driven by the data released earlier this week that showed the fastest inflation in the U.S. in three decades.

The …

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