Against the British pound, the euro is definitely not doing well this Friday. What's going on?
GOLD: 'V-Bottom' pattern
Information is not investment advice
The last 'V-Bottom' pattern pushed the price higher. However, the Moving Averages have acted as resistance, so there's a green light for a local decline. In this case, we should watch the closest support at 1279.32 - 1276.96 as a potential bearish target. The subsequent pullback from this level could lead to another bullish price movement towards 1286.15 - 1295.25.
Coronavirus keeps disturbing China, and the world. Consequently, gold keeps rising. Reaching $1,600 is "if" or "when"?
The Turkish Central Bank is on a rate-cutting path; on February 19 it will make another announcement. What's the logic behind?
WTI oil has reached our previous targets. On the W1, a big bullish candlestick engulfed the previous bearish one.