Forex Focus: Gold Gains as Dollar Dips & Tensions Rise

Today’s forex newsletter looks quite interesting

DXY

Buy around 107.900
Stop loss below 107.790
target 108.000–108.100

XAUUSD

Sell around 2627
Stop loss above 2632
Target 2622–2617

XAGUSD

Sell around 29.70
Stop loss above 29.80
Target 29.60–29.50

USoil

Buy around 70.40
Stop loss below 70.05
target 70.75–71.10

COPPER (HG1)

Buy around 4.1250
Stop loss below 4.1100
Target 4.1400–4.1550

NASDAQ

Buy around 21960
Stop loss below 21945
Target 21975–21990

S&P 500 E-Mini

Buy around 6075
Stop loss below 6065
Traget 6085–6095

Top pick

EURUSD

Sell around 1.04000
Stop loss above 1.04180
Target 1.03850–1.03700

Forex Newsletter – Gold prices saw an uptick in Asian trade, driven by a slightly weaker dollar and ongoing geopolitical tensions in the Middle East. Investors remained cautious due to the U.S. Federal Reserve’s hawkish stance, while gold continued to attract safe-haven demand in uncertain market conditions.

Until then, Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

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