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Source: Action Forex News Agency
4 weeks ago
Forex Medium Importance AI Analyzed
Silver (XAGUSD) Elliott Wave Perspective: Upside Momentum Builds in Wave (5)

Silver (XAGUSD) Elliott Wave Perspective: Upside Momentum Builds in Wave (5)

The short‑term Elliott Wave view in Silver (XAGUSD) indicates that the cycle from the July 17, 2026 low continues to unfold as a clear impulsive structure. From that low, wave (1) advanced to $60.929 before a measured pullback in wave (2) reached $56.539.

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Source: Action Forex
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Source: Action Forex News Agency
4 weeks ago
Forex Medium Importance AI Analyzed
Gold Rally Shows Signs of Cooling as Sellers Reappear

Gold Rally Shows Signs of Cooling as Sellers Reappear

The 4-hour chart of XAU/USD indicates that the price settled above the $4,500 pivot level, the 100 Simple Moving Average (red, 4 hours), and the 200 Simple Moving Average (green, 4 hours). The bulls pumped the price toward $4,700.

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Source: Action Forex
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Source: Forexcom News Agency
4 weeks ago
Forex Medium Importance
AUD/USD Shorts Bear the Brunt of Hot CPI, Renewed RBA Hike Bets

AUD/USD Shorts Bear the Brunt of Hot CPI, Renewed RBA Hike Bets

Australian inflation came in hot enough to revive RBA hike expectations, with trimmed mean CPI rising 0.5% m/m and annual underlying inflation holding at 3.6%. Australian bond yields jumped after the release, while renewed policy tightening risk added further pressure to elevated AUD/USD short positions.

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Source: Forexcom
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