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Gold Price Forecast: XAU/USD needs a negative US CPI surprise to surpass $2,200 mark

Gold price is dropping for the first time in ten trading days early Tuesday, although keeping its consolidative mode intact near $2,180.

Technical Outlook and Review - Action Forex

The EUR/USD chart suggests a bullish outlook, with potential for a bullish rebound at the pivot level, leading towards the 1st resistance. The pivot at 1.0897 serves as significant pullback support, indicating a possible area where buyers might intervene for a bullish bounce. Additionally, the 1st support at 1.0800, accompanied by the 61.80% Fibonacci Retracement, further reinforces this support level.

Technical Outlook and Review - Action Forex

The EUR/USD chart indicates a bearish momentum, suggesting a potential bearish reaction near the pivot level, followed by a decline towards the 1st support.

Gold Price Forecast: XAU/USD eyes correction on overbought RSI, profit-taking ahead of US CPI

Gold Price Forecast: XAU/USD eyes correction on overbought RSI, profit-taking ahead of US CPI
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

Theta Token price goes vertical ahead of EdgeCloud launch

Theta Token price goes vertical ahead of EdgeCloud launch
invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.

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