Gold Analysis 18/06: Strong Dollar Pressures Gold

    Gold Analysis 18/06: Strong Dollar Pressures Gold

    Gold’s overall trend: Bearish. Today’s Gold Support Points: $4,220 – $4,170 – $4,070 per ounce. Today’s Gold Resistance Points: $4,320 – $4,380 – $4,440 per ounce. Today’s Gold Trading Signals: Bullish Scenario: Buy gold from the support level of $4,180, with a target of $4,350 and a stop loss at $4,130. Bearish Scenario: Sell gold…

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    Cory Mitchell, trader and coach

      Paper Copy Available: The Trading Fix Book

      The Trading Fix Book – Tactics for Overcoming All the Common Trading Problems is now available in paperback! Get your physical copy on Amazon. 200+ pages packed with helpful insights, loads of tools, and exercises to overcome the issues that are holding you back. Whether it is entering too early, exiting too late, FOMO, averaging…

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      Tests the 30000 Level (Video)

        Tests the 30000 Level (Video)

        The Nasdaq 100 rose a bit on Wednesday, as we are testing the crucial 30,000 level, an area that is also supported by a gap underneath. NASDAQ 100 The Nasdaq 100 has rallied slightly during the early part of the session here on Wednesday, as the 30,000 level has offered support 3 days in a…

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        Silver Forecast 18/06: Sits Near Big Level (Video)

          Sits Near Big Level (Video)

          The silver market sees a bit of consolidation at the moment, as we are looking at the possibility of peace in the Middle East, allowing interest rates to drop. Silver The silver market was very noisy during the trading session on Wednesday, as we are just hanging around the $70 level. The $70 level, of…

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            Swiss central bank remains alert to upward currency pressure

            The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National Bank said on Thursday it is ready to intervene in foreign exchange markets if a rebound in demand for the safe-haven franc drives the currency higher. It came as the central bank…

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            BTC/USD Forex Signal 18/06

              BTC/USD Forex Signal 18/06: Bitcoin Loses Momentum (chart)

              Bearish view Sell the BTC/USD pair and set a take-profit at 60,000. Add a stop-loss at 68,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 68,000. Add a stop-loss at 60,000. The BTC/USD pair retreated slightly after the Federal Reserve delivered a hawkish interest rate decision and as demand…

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              1 hour chart of GBPUSD as of 18 Jun 2026

                Wall Street Slumps as Kevin Warsh Delivers Hawkish Hold, GBP/USD’s Plunge Hits Support Ahead of BoE

                Key takeaways The Federal Reserve delivered a hawkish hold and signalled a major policy regime shift. While rates remained unchanged at 3.50%-3.75%, Chair Kevin Warsh abolished traditional forward guidance, reinforcing a data-dependent approach and increasing the likelihood of higher market volatility. Higher-for-longer interest rate expectations pressured risk assets. The S&P 500 fell 1.2%, the Nasdaq…

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                WTI Crude Oil May Struggle to Recover as Sellers Stay Active

                  WTI Crude Oil May Struggle to Recover as Sellers Stay Active

                  Key Highlights WTI Crude Oil declined heavily below $88 and $85. A major bearish trend line is forming with resistance at $89.50 on the 4-hour chart of XTI/USD. Gold could extend gains if it settles above $4,400. Bitcoin started a consolidation phase below the $67,500 resistance. WTI Crude Oil Price Technical Analysis WTI Crude Oil…

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                    FIMA RMB Repo seen boosting yuan

                    China will establish a new liquidity facility for overseas central banks and official institutions, said People’s Bank of China Governor Pan Gongsheng, in what analysts describe as a proactive step toward boosting global demand for yuan assets. Pan Gongsheng Speaking at the 2026 Lujiazui Forum on Wednesday, Pan announced the establishment of the RMB Repo…

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                    Sparks a New Gold Rally?

                      Sparks a New Gold Rally?

                      Today’s Gold Analysis Overview: Gold’s overall trend: Bearish over the medium term, with limited upside rebound in the near term. Today’s Gold Support Points: $4290 – $4230 – $4150 per ounce. Today’s Gold Resistance Points: $4400 – $4475 – $4560 per ounce. Today’s Gold Trading Signals: Bullish Scenario: Buy gold from the support level of…

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