The gold price is quoted at $1709 ahead of the weekend with studies of the outlook conducted by Hantec Markets analyst Richard Perry showing the precious commodity has found a new pivot level that will dictate near-term action.
Read more: Gold Price Forecast: At Mid-Point of the Range
The GBP/USD exchange rate is a further 0.25% higher at 1.2638 at the time of writing. Richard Perry, an analyst and technical forecast specialist at Hantec Markets says despite the strength of the recent move of late signals advocate for further gains.
Read more: GBP/USD Forecast: Technicals Remain Supportive
The EUR/USD exchange rate has rallied to 1.1333 over the course of the past 24 hours, but analyst and technical forecaster Richard Perry of Hantec Markets says although the market remains pointed higher some near-term caution is warranted.
Read more: EUR/USD Forecast: "For now we run with this euro move"
The spot price of gold is quoted 0.50% higher at $1709 at the time of writing, despite the gains analyst and technical forecaster Richard Perry of Hantec Markets says the bullish outlook for the commodity has been compromised by recent price action.
Read more: Gold Price Forecast: "Near Term Trading Moves are Difficult to Navigate"
The GBP/USD exchange rate is quoted lower at 1.2527 amidst a broad-based recovery in the Dollar, and analyst and technical forecaster Richard Perry of Hantec Markets says the recent period of appreciation might be fading.
Read more: GBP/USD Forecast: "Concerns that this Bull Run May be Running out of Steam"
The EUR/USD exchange rate is quoted 0.30% lower at 1.12 on Thursday, despite the softness analyst and technical forecaster Richard Perry of Hantec Markets says the pair remains set up for further advances.
Read more: EUR/USD Forecast: "Use Supported Weakness as an Opportunity to Buy"
The spot gold price is quoted half a percent lower at $1718 but Richard Perry, an analyst and technical forecaster at Hantec Markets, says weakness should still be viewed as a chance to buy.
Read more: Gold Price Forecast: Weakness Remains an Opportunity to Buy
The GBP/USD exchange rate is quoted at 1.2592 at the time of writing thanks to a strong rebound. However, analyst and technical forecaster Richard Perry at Hantec Markets warns that the rally could soon hit its limits.
Read more: GBP/USD Forecast: "Wise to Take Caution on Long Positions Around These Levels"
The EUR/USD exchange rate has rallied to 1.1218 in the midweek session, with analyst and technical forecaster Richard Perry of Hantec Markets says while the outlook remains positive, he is looking for signs of a potential reversal.
Read more: EUR/USD Forecast: A Move Towards $1.1250 "Still on the Cards"
The EUR/USD exchange rate is quoted at 1.1175 at the time of writing as the Euro's recovery extends. But, analyst and technical forecaster Richard Perry of Hantec Markets says the pair is starting to look stretched.
Read more: EUR/USD Forecast: "Corrective Unwind" Potential