Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Back

Gold Price Forecast: XAU/USD to inch lower on a break under 100-DMA at $1,795

Gold price is trading just below the $1,800 threshold. In the view of FXStreet’s Dhwani Mehta, XAU/USD’s path of least resistance appears down as a break below the 100-day moving average (DMA) at $1,795 would allow room for more declines.

Sellers just have one key barrier in the 100-DMA to crack

“Bears are fencing the $1,795 area, where the horizontal 100-DMA aligns. A sustained break below here will call for a retest of the January 28 lows of $1,780. Once that is breached, the additional downside will target the December 16 troughs of $1,776. Further south, the $1,750 psychological barrier will be back on bears’ radars.”  

“On the flip side, recapturing 50-DMA at $1,802on a daily closing basis is critical to take on the all-important 200-DMA once again, which is now at $1,806. Should the renewed upside hold, buyers will look out to test the confluence of the wedge support-turned-resistance and bearish 21-DMA at $1,815.”

 

Asian Stock Market: Tracks S&P 500, Euro Stoxx 50 Futures to the north

Equity investors remain mostly positive during Wednesday’s Asian session as fears of the Fed’s monetary policy tightening fade. Also favoring the stoc
Read more Previous

USD/JPY hangs near weekly low, just above mid-114.00s amid weaker USD

The USD/JPY pair edged lower through the early European session and dropped closer to the overnight swing low, around the 114.60 region in the last ho
Read more Next