XAU/USD technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
"After pulling back from the recent high of 3500.00, gold has been moving sideways in a range between 3270.00 and 3385.00. This shows that the market is currently in a state of indecision, with buyers and sellers fairly balanced. To break out of this range and start a new short-term trend, a strong move in either direction is needed.



If gold rises above 3385.00, it could lead to more buying and a push toward higher prices. On the other hand, if it drops below 3270.00, it might signal more selling and further declines. Until then, gold is likely to stay in this range as traders wait for clearer signals from economic news or global events."

Back to articles

Actual Topics

Tue, 29 Apr 2025 08:39:35 GMT

GBP/USD Technical analysis

The FX pair is currently trading above its simple moving averages and remains above the key psychological level of 1.3400. This positioning indicates underlying bullish momentum. However, if bearish pressure emerges, the first area of support to watch is at 1.3350. A decisive break below this level could open the door for a further decline toward the next support zone

Wed, 23 Apr 2025 08:22:07 GMT

USD/CHF Technical analysis

The FX pair has experienced notable bearish pressure, currently trading below the key 0.83000 level, signaling continued weakness. This downward momentum is further confirmed by the pair's position below its major simple moving averages (SMAs), which often act as dynamic resistance levels in a downtrend. Trading below these averages suggests a lack of bullish momentum and points to the possibility

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.