Analyst news

• Gold Continues to Hit New Record Highs. Forecast as of 13.08.2024

  13-08-2024 12:14 via litefinance.org
  
  The XAUUSD's pullback on Black Monday was driven by speculative factors. The precious metal's uptrend remains strong, and its short-term prospects will be determined by US inflation data. Let's discuss this topic and make a trading plan.Highlights and key points The correction of XAUUSD was speculative. Since the beginning of the year, the precious metal has grown by almost 21%. Bulls' main advantages remain in play. Gold continues to climb towards $2500 per ounce.Weekly fundamental forecast for
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 13.08.2024

  13-08-2024 09:58 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro has reached the first bullish target of 1.0939.Highlights and key pointsUSCrude: oil is growing to the target in the Target Zone 79.70 - 78.92. If the price consolidates above this area, the next target will be the Gold Zone 82.55 - 82.22. XAUUSD: go
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 13.08.2024

  13-08-2024 09:19 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Highlights and key points BTCUSD: the pair may fall in the impulse wave C. Consider short trades at the current level with take profit at 49073.60. XRPUSD: the price is expected to grow in the impulse wave 5 to the high of 0.654. Consider long trades at the current level with a take-profit order at 0.654. ETHUSD: the price continues to fall in the impulse (5). Cons
  
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• US Dollar Awaits Key Inflation Data. Forecast as of 13.08.2024

  13-08-2024 08:21 via litefinance.org
  
  The evolving political and economic landscape has prompted questions about the EURUSD pair's robust response to the US inflation data for July. However, the shift in the underlying dynamics suggests a different narrative. Let's delve into this topic and make a trading plan.Highlights and key points Markets are more worried about recession than inflation. The US dollar is being sold on expectations of a Fed rate cut to 3%. Unexpected inflation figures may change the balance of power. Is it worth
  
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