UAE’s Forex Focus: Key Player in Asia’s Gold Boom


UAE's Forex Focus: Key Player in Asia's Gold Boom

The Forex newsletter for the day is here. DXY , XAUUSD , XAGUSD , COPPER , USOIL , NASDAQ , S&P 500 E-Mini , USDCHF, Dollar

DXY

Buy around 106.00
Stop loss below 105.800
Target 106.200–106.400

XAUUSD

(Yesterday given Buy around 2590 all target done)

Buy on dip around 2630
Stop loss below 2618
Target 2640–2650

XAGUSD

(Yesterday given Buy above 30.82 all target done)
Buy on around 31.35
Stop loss below 31.00
Target 31.70–32.00

USOIL

Buy around 68.80
Stop loss below 68.35
Target 69.20–69.60

COPPER (HG1)

Buy above 4.1060
Stop loss below 4.0950
Target 4.1100–4.1150

NASDAQ

Sell below 20490
Stop loss above 20700
Target 20300–20100

S&P 500 E-Mini

Buy above 5900
Stop loss below 5880
Target 5920–5940

Top pick

USDCHF

Sell around 0.88400
Stop loss above 0.88700
Target 0.88100–0.87800

Forex Newsletter – Asia’s rising demand for gold has propelled prices to record highs, with Dubai becoming the world’s second-largest gold trading hub. The UAE is central to an emerging “Asian Century” for gold, with increased trade, digital innovation, and regulatory improvements shaping the market’s future, according to the DMCC.

Until then, Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

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