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2025-08-05 18:13:41 admin

Natural Gas Price Prediction: Key Support Break Signals Strong Bearish Trend Ahead | FXEmpire

Natural gas plunged below key support, confirming a bearish breakdown and targeting lower levels around $2.84 to $2.53 as downside momentum accelerates.Natural gas fell through the prior trend low of $2.97 and a key long-term support zone on Monday. It reached a low of $2.09, at the time of this writing, and continues to trade near the lows of the day. A long-term uptrend line was busted along with an anchored volume weighted average price (AVWAP) line calculated from the 2024 trend low. If sell

2025-08-02 10:01:00 admin

Gold Price Prediction (XAU/USD): Key Support & Resistance Levels as Market Consolidation Expands | FXEmpire

A strong weekly finish and bullish hammer pattern suggest gold may maintain upward momentum, as it continues to consolidate near trend highs.Gold found buyers on Friday as it rallied to a five-day high of $3,355 and a test of prior support as resistance at the confluence of several indicators. A resistance zone is identified around the bottom trendline of a pennant formation (dotted) and the convergence of the 20-Day and 50-Day MAs, now around $3,342.On Monday, a breakdown from a pennant pattern