Al-Reshad

Al-Reshad

GOLD Update : Gold Trading at 2381.00 Levels Looks Bearish Sell below 2400 Gold is currently in a highly bearish position with a significant sell-off underway. The sell-off in gold is driven by several factors and purposes, including heightened economic uncertainty, increasing interest rates, and a stronger U.S. dollar. Additionally, investors may be shifting...

Al-Reshad

Silver prices have faced resistance at key technical levels and failed to break out, amid strengthening U.S. dollar and concerns over industrial demand. With economic data showing signs of improvement and risk appetite increasing, the bearish pressure on silver is likely to continue in the short term. Silver Market Bearish 📉 Date: May 9, 2024 Asset: Silver...

Al-Reshad

"Good news, everyone! The market is currently showing signs of bullish sentiment. This means that investors are feeling confident and optimistic about the direction of prices. In a bullish market, we typically see increasing buying activity and rising asset prices across various sectors. It's a positive indicator for traders and investors alike, suggesting...