Poland’s Strong Consumption and Investment Point to Robust Growth with Mild Inflation Outlook
Ukraine Peace Deal Hopes Weigh on EUR Inflation Swaps as Real Rates Hit New Highs
Germany’s Economy: Three Years of Stagnation With Only Limited Signs of Recovery
Commodities Move on Geopolitics and Weather as Oil Rises, Gas Falls, and Nickel Faces Supply Risks
USD Overvaluation Persists as Geopolitics Dominate and JPY Faces Intervention Risks
Gold has been trading upside yesterday and the market reached our main upside target at $1.666 and then got big rejection towards lower references.Due to big rejection in the background there is potential for further drop on the Gold...
Watch for the potential selling opportunities on the intraday rallies with the downside objective at the price of $1.616.
MACD oscillator is showing fresh downside momentum, which is strong sign that sellers are in control.
Short-term resistance is set at the price of $1.638
Relevance up to 08:00 2022-11-04 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
