XAUUSD H4:BEARISH IS ABOUT TO COME WHILE HAVING UPPER RESISTANCE
XAUUSD H4:BEARISH IS ABOUT TO COME WHILE HAVING UPPER RESISTANCE
For millennia, gold has been regarded as an extremely precious commodity, and global financial markets closely track changes in the price of gold. The price of gold, which is often reported in US dollars (XAU/USD), typically rises when stocks and bonds fall. Because the metal retains its value well, it is a dependable safe haven. On the basis of the intra-day spot rate, it is continuously traded. Use the real-time XAU/USD chart to enhance your technical analysis of current gold prices and peruse our most recent gold news, professional analysis, and gold price forecast.
Note: Keep following me for more updates and information, you can find here more analysis about different pairs of the market.
For millennia, gold has been regarded as an extremely precious commodity, and global financial markets closely track changes in the price of gold. The price of gold, which is often reported in US dollars (XAU/USD), typically rises when stocks and bonds fall. Because the metal retains its value well, it is a dependable safe haven. On the basis of the intra-day spot rate, it is continuously traded. Use the real-time XAU/USD chart to enhance your technical analysis of current gold prices and peruse our most recent gold news, professional analysis, and gold price forecast.
Note: Keep following me for more updates and information, you can find here more analysis about different pairs of the market.
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U.S. import prices rise 0.8% in January on higher nonfuel prices; export prices up 0.8%
Prices for both U.S. imports and exports advanced 0.8 percent in January following decreases of 0.7 percent in December. Over the past year, import prices declined 1.3 percent and export prices fell 2.4 percent.
Prices for both U.S. imports and exports advanced 0.8 percent in January following decreases of 0.7 percent in December. Over the past year, import prices declined 1.3 percent and export prices fell 2.4 percent.
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An explanation
The results of the UoM study will reveal how American consumers see their current financial situation and the outlook for the country's economy going forward. The Consumer Sentiment Index, a major indicator of future consumer spending and a crucial gauge of financial confidence, will be the center of attention for the majority of market participants.
The Consumer Sentiment Index is predicted by the market to rise to 80.0 in February.
We predict that the Consumer Sentiment Index will be lower than expected, which suggests that XAUUSD may surprise bullishly.
The results of the UoM study will reveal how American consumers see their current financial situation and the outlook for the country's economy going forward. The Consumer Sentiment Index, a major indicator of future consumer spending and a crucial gauge of financial confidence, will be the center of attention for the majority of market participants.
The Consumer Sentiment Index is predicted by the market to rise to 80.0 in February.
We predict that the Consumer Sentiment Index will be lower than expected, which suggests that XAUUSD may surprise bullishly.
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Reaching near at top resistance