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Gold Price Forecast Aug 19 – Overbought Gold Braces for Retracement

August 19, 2020 7:38 am
  The yellow metal gold is trading with a slightly bearish bias at 1,986 level, as the bulls started doing profit-taking ahead of FOMC meeting minutes today. Now the question is, Is gold likely to drop further, or will it reverse over 1,986 zones? Check out our video above to learn more about the gold […] Read more

GBP/USD Set to Test Triple Top – A Potential Trade Setup!

August 18, 2020 11:21 am
  The GBP/USD is trading with a bullish bias at 1.3173 level and holding right below the triple top resistance level of 1.3175 level. A weaker dollar and firmer Sterling is driving the movement of Cable. What happens when the GBP/USD pair violates 1.3175 level? Let’s find out in an analysis video. Read more

BTC/USD Breakout of Ascending Triangle Pattern – Profit Takers Looms!

August 18, 2020 6:37 am
  The BTC/USD traded sharply bullish to violate the ascending triangle pattern at 12K mark and traded precisely in line with our Monday’s forecast to test 12,400 level. For now, the BTC/USD prices can drop amid profit taking by exhausted bulls. Checkout the Bitcoin price forecast in video analysis above. Read more

Gold on Fire – Boosted Safe Haven Appeal in Play!

August 18, 2020 6:12 am
  The precious metal gold soared sharply to hit our target level of 1,994 amid boosted safe-haven appeal. The investors are feeling uncertain about the U.S. economic growth in the wake of an increased number of COVID19 cases and upcoming FOMC meeting minutes, which may dispense a dovish stance. Check out gold forecast video analysis […] Read more

GBP/JPY Violates Upward Trendline – Quick Trade Setup!

August 17, 2020 12:37 pm
  The Japanese cross pair GBP/JPY is trading sharply bearish amid weaker GBP and stronger JPY. The safe-haven pair has already violated upward trendline support 139.490, and now the same level is working as a resistance. The GBP/JPY may gain support and bounce off soon. Check out a quick video analysis to learn more about […] Read more

BTC/USD Consolidates In Narrow Ranges – Brace for Ascending Triangle Breakout

August 17, 2020 9:30 am
  On Monday, the leading cryptocurrency pair BTC/USD price is trading sideways between 11,670 to 11,926. It seems like; the traders are looking for a solid fundamental reason to trigger a breakout. Well, the Bitcoin has formed an ascending triangle pattern that typically breakout on the higher side. Check out our daily Bitcoin forecast video […] Read more

Gold Choppy Session Continues – What Next to Expect?

August 17, 2020 9:26 am
  On Monday, the precious metal gold consolidates in a narrow trading range of 1,932 – 1,959. Lack of market-moving fundamentals, an extension of U.S. China Phase 1 trade deal review, and an upcoming FOMC Meeting Minutes are keeping trading in the phase of indecision. Gold is likely to follow the technical side of the […] Read more