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Gold Market Outlook: Watching Inflation, Technical Pressure Builds Markets are squarely focused on the upcoming U.S. Consumer Price Index (CPI) release, which could serve as a pivotal moment for shaping Federal Reserve policy expectations ahead of the September meeting. Current market pricing suggests a roughly 52% probability of a rate cut, but this is highly...

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XAU/USD Outlook: Testing Resistance at 3330 — Bulls Face Critical Inflection Point Gold (XAU/USD) is once again drawing attention as it tests a major resistance level near $3330, where the descending trendline intersects with the previous weekly high (PWH). This area marks a key decision zone for market participants, as it could either validate the recent bullish...

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GBP/JPY Technical Outlook: Consolidation at Key Support Ahead of Potential Breakout or Breakdown The GBP/JPY pair has entered a phase of consolidation following a robust bullish rally that propelled the price toward its March high. After an impressive upward run, the pair now finds itself at a pivotal juncture—testing a critical support zone around 193.8, where...

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USD/CHF Analysis: Bearish Outlook Strengthens After Channel Breakout The USD/CHF pair is currently retesting a critical technical zone near the 0.8299–0.8300 region following a decisive breakdown from a longstanding descending channel. This level, now acting as resistance, coincides with the underside of the breached structure and aligns with a descending...

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GOLD – Fragile Recovery Faces Dual Pressure Gold shows mild recovery following a week of losses, yet upside remains capped. Dollar softness and Moody’s U.S. downgrade offer tailwinds, but elevated bond yields and optimism over potential U.S. trade deals act as brakes. Traders await Fed remarks and developments in U.S. trade talks. Despite fiscal worries and weak...

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GBPJPY Slips Below Resistance as Yen Firms Up GBPJPY is showing signs of weakness, slipping back into a consolidation zone amid a stronger yen and dollar correction. The pair is testing key resistance between 193.45 and 193.74, with sellers gaining traction. A sustained move below this zone could open the path toward 193.04 and potentially deeper support at...

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NZDCAD – Consolidation Within Neutral Range as Market Eyes Fed Developments The NZDCAD currency pair is currently exhibiting strength within the confines of a well-defined neutral trading range. This stabilization is largely underpinned by the recent corrective pullback in the U.S. dollar, which has provided short-term support for the New Zealand dollar. However,...

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Gold's Bearish Outlook Continues Despite Temporary Upside Spike Market Overview: The overall outlook for gold remains bearish, even though the market recently experienced a surprising and sharp upward movement. While a deep correction was anticipated and in line with prior expectations, the nature and timing of the recent surge raised some eyebrows among...

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Gold Surges Amid Global Uncertainty, Testing Key Resistance Gold has continued its impressive rebound, climbing steadily from its recent trough at $2,957 to reclaim territory above the psychological $3,000 mark. This upward momentum is being driven by a confluence of macroeconomic factors, including a softening US dollar and a pause in the previously relentless...

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Gold on the Brink of a Downturn: A Shift in Market Sentiment Gold, once a shining symbol of financial security and prosperity, now finds itself on the cusp of a significant bearish turn. The precious metal, which has long been a safe haven for investors during times of economic uncertainty, is entering a new phase that could see its value dwindle in the face of...

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GBPNZD Approaching Key Resistance: A Closer Look at the Megaphone Pattern and Potential Reversal Zones The current price action of GBPNZD on the 1-hour chart reveals the formation of a prominent megaphone pattern, a significant technical formation characterized by fluctuating price swings and widening ranges. This pattern, which often indicates increased market...

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XAU/USD Technical and Fundamental Analysis: Preparing for Volatility Ahead of NFP The XAU/USD (Gold) market is currently facing a pivotal moment, with the price nearing key resistance after a false breakdown below the 2895 mark. This false breakdown, a move that initially suggested a bearish continuation, has ultimately proven to be a temporary setback, setting...

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Fundamental Factors Driving Gold Prices 1. Record Highs and Investor Sentiment Gold is currently trading near its all-time high of $2,956, a level that represents a key psychological threshold for market participants. The fact that the price has not seen significant rejection from these highs suggests that the bullish momentum remains strong, but investors are...

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Gold (XAU/USD) Outlook: Navigating Key Support Amid Economic Uncertainty Gold prices remain in a bullish trend, rebounding from previously tested trend support and signaling a potential upside continuation. The metal’s safe-haven appeal remains intact as global economic uncertainties persist, driving investor interest. However, market sentiment is influenced by...

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XAU/USD: Gold Eyes New Highs as Market Dynamics Align for Further Upside Gold (XAU/USD) is once again testing its all-time high (ATH), a critical technical level that historically increases the probability of continued upward momentum. With the psychological 3000 level gradually coming into focus, the market remains on edge, closely monitoring key economic data...

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EUR/USD: Eyeing a Breakout Amid Dollar Weakness The EUR/USD pair is navigating a critical juncture as it attempts to capitalize on the ongoing correction in the U.S. dollar. After a prolonged period of downward pressure, the price is now testing a crucial resistance level, hinting at the possibility of a breakout that could pave the way for renewed bullish...

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Gold Market Outlook: Northbound Momentum Persists Amid Inflation and Trade Concerns XAU/USD Rebounds from Inflation Shock, Poised for Further Gains Following a temporary shakeout triggered by inflation data, gold (XAU/USD) has regained its bullish momentum, reinforcing the narrative of an ongoing uptrend. The precious metal demonstrated remarkable resilience,...

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Gold at a Crossroads: Awaiting Key Triggers XAUUSD is navigating a critical juncture, testing a pivotal risk zone that could dictate its next major move. From this level, we either witness a trend continuation or a deeper corrective phase. Key Drivers: CPI Data & Policy Uncertainty All eyes are on the upcoming US CPI report, which could inject fresh momentum...