Mahmoud Abdallah

Gold prices continue to face heavy selling pressure as market bets increase on the continuation of the US Federal Reserve's tight monetary policy. This comes

Investors are now focused on the European Central Bank's decision today, Thursday, which could represent the next major test for the EUR/USD pair's performance

During yesterday's trading session (Tuesday), gold prices declined by 1.61%, with losses extending to the support level of $4236 per ounce, nearing their lowest

The EUR/USD forecast remains tilted toward the negative side as the pair continues to trade below the downward trendline. This comes at a time when investors

Gold prices are attempting to recover during Tuesday's trading after a strong sell-off wave that pushed them to a two-month low near $4268 per ounce.

The EUR/USD pair has been experiencing a sharp decline since peaking near the key psychological resistance level of 1.2000 in late January, retreating significantly over the following months.

With losses exceeding 3%, gold prices faced heavy selling pressure during last Friday's trading session. This pulled the price of the yellow metal down

The Eurozone economy continues to suffer under the weight of high energy costs and weakening demand. With crucial European Central Bank (ECB) monetary policy

Crude oil prices rebounded, which in turn fueled expectations that interest rates will remain elevated—an environment that is fundamentally negative for gold

Recent Eurozone inflation data matched expectations but failed to provide sufficient support for the Euro. The single currency continues to fluctuate near

During yesterday's trading session, gold prices remained under selling pressure every time they attempted to rebound. The strength of the US dollar, rising oil

Continued risk aversion among investors—driven by fading hopes for an imminent US-Iran agreement—alongside a renewed surge in oil prices putting pressure