
Gold Price Forecast: XAU/USD buyers face rejection at $3,400 yet again; what next?
Gold is replicating the retracement moves seen in Wednesday’s Asian trades, after having faced rejection once again at the $3,400 threshold.
Gold is replicating the retracement moves seen in Wednesday’s Asian trades, after having faced rejection once again at the $3,400 threshold.
EUR/USD trades sideways with a bearish tilt as Fed independence concerns and political uncertainty weigh, with key support at 1.1560 and resistance at 1.1680–1.1770.
Gold is testing the $3,400 resistance as bullish momentum strengthens, with technicals pointing toward $3,460 and possibly $3,500 if the breakout holds.
USD/MXN is consolidating near 18.65 with strong support at 18.63 as traders await U.S. GDP data that could trigger fresh volatility.
Nvidia stock dipped after earnings but remains fundamentally supported, with traders eyeing $177 support and resistance at $185 for the next breakout attempt.
Avalanche (AVAX) is currently trading near $24.8, holding ground after another attempt to clear the $25 region.