Is Nasdaq Following Gold’s Footsteps? NDX, XAU/USD Price Setups

NASDAQ 100, NDX, Gold, XAU/USD – OUTLOOK: Growing similarities between the Nasdaq 100 index and XAU/USD price charts. From a fundamental perspective, elevated real yields appear to be a key driver. How is the trend evolving and what are the key levels to watch in the Nasdaq 100 index? Recommended by Manish Jaradi The Fundamentals

Gold Price Outlook at Risk as Markets Embrace Tighter Fed for Longer After US CPI

Gold, XAU/USD, CPI, Trendline Breakout – Precious Metals Briefing: Gold prices sink in the aftermath of US inflation data Longer-term Treasury yields outpaced the front-end This will continue making life difficult for XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices weakened in the aftermath of US inflation data on Thursday, reversing

BTC/USD & ETH/USD Price Setups

Bitcoin, BTC/USD, Ethereum, ETH/USD – Outlook: Bitcoin continues to flirt with the psychological 30,000 mark. ETH/USD is at a key uptrend line support. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi Get Your Free Introduction To Cryptocurrency Trading BITCOIN: Renewed base? On the daily charts, despite the

High Real Yields Starting to Bite Gold? XAU/USD Price Setup Ahead of US CPI

Gold, XAU/USD – Price Action & Outlook: Gold appears to be losing ground amid rising real yields. Most recently, XAU/USD has fallen below key support, accentuating downside risks. What are the key levels to watch in XAU/USD? Recommended by Manish Jaradi Traits of Successful Traders Higher real rates could be starting to finally weigh on

New Zealand Dollar Ahead of US CPI; NZD/USD, AUD/NZD, EUR/NZD Price Action

NZD/USD, AUD/NZD, EUR/NZD – Outlook: NZD continues to broadly hover within its recent range against some of its peers. NZD has been weighed by a deteriorating NZ economic growth outlook and the view that RBNZ is done with raising rates. What is the outlook for NZD/USD, EUR/NZD, and AUD/NZD? Recommended by Manish Jaradi The Fundamentals

Harami – price action pattern – Analytics & Forecasts – 7 August 2023

The harami price action pattern is a two candle pattern which represents indecision in the market and is used primarily for breakout trading. It can also be called an ‘inside candle formation’ as one candle forms inside the previous candle’s range, from high to low. Here is an example of what a bearish and bullish harami candle