Market Technical Analysis by RoboForex

[RBFX Support]

ÐOGE Pay is a game-changer: Dogecoin could surprise the market

Awaiting a driver for further movement, DOGEUSD is correcting today, with the price currently at 0.06967. 

Technical outlook

On the H4 chart, DOGEUSD formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, prices could form an upward wave as the pattern signal plays out, with the correction target at the 0.07225 resistance level. 

Dogecoin remains sensitive to broader cryptocurrency market sentiment.

Read more - DOGEUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

[RBFX Support]

Gold (XAUUSD) awaits fresh news: the market is prepared to wait

Gold (XAUUSD) prices start the week near 4,375 USD, with the focus on the Federal Reserve rate outlook and geopolitical developments.

Technical outlook

On the H4 chart, gold (XAUUSD) retains its bullish structure after a strong momentum from the 4,050–4,100 zone. Prices are trading around 4,376 and remain above the middle Bollinger Band, although they entered a consolidation phase after approaching 4,436.

Gold prices remain resilient, but further gains may be difficult without fresh news.

Read more - Gold Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team