by David Kindley | Nov 10, 2025 | Tecchnical Analysis
Gold jumped over 2% and moved towards the $4100 level as traders looked towards one final rate cut from the Fed this year. As the dollar pulls back on its monthly gains, will the yellow metal hit another record high? Timestamps XAUUSD 00:25 DXY 01:40 Test your trading...
by Rami Abu-Draa | Nov 10, 2025 | Tecchnical Analysis
As we see over the previous chart, the market managed to test the support zone at 46400-650 last Friday, which led to a rebound toward 47180 so far. As long as the market remains above the support zone at 46400-650, the advance wave could sustain towards 48000 and...
by Rami Abu-Draa | Nov 10, 2025 | Tecchnical Analysis
Gold managed early today to hit the 4045 target. As we see over the Intraday chart, the market is still testing a trend resistance zone around 4045-60. If prices hold below the said resistance, a drop towards 3990-95 is likely which could create a trading zone. Above...
by Rami Abu-Draa | Nov 10, 2025 | Tecchnical Analysis
Oil dropped from the resistance of 62.60 and managed to print a low around 58.77 last week. As we see from the previous chart, prices face support around 58.50, which could lead to a rebound to re-test the 62.60 resistance. Below 58.50 more of a drop will be expected...
by Rami Abu-Draa | Nov 10, 2025 | Tecchnical Analysis
The market managed to test the support trend around 152.90, as prices maintain a trading zone towards the resistance of 154.30-50. Above 154.50 we will expect a further advance towards 156.70. Below 152.90 more of a drop is likely with support around 151.40-50....
by Rami Abu-Draa | Nov 10, 2025 | Tecchnical Analysis
GBPUSD moved below the support of 1.3140, which could lead for a downtrend break towards 1.2850. As we see over the chart, the market is facing a resistance zone at 1.3240-90, where if the market holds below it, the downtrend pressure could sustain toward 1.2850....