DeGRAM Forex Signals and Forecast

🏆 Forecast for #GOLD
GOLD -> will decline
—————————
📊 Technical Analysis
● XAU/USD is testing a converging wedge near 5,240–5,250 after a strong rally, with price stalling beneath horizontal resistance and showing rejection wicks.
● The rising support line from early February lies near 5,130; a breakdown below this structure may trigger a deeper pullback toward 4,998 and 4,878 support levels.

💡 Fundamental Analysis
● Stabilizing US yields and fading geopolitical risk premiums reduce safe-haven demand, increasing correction risks for gold.

✨ Summary
● Resistance: 5,240–5,250.
● Targets: 4,998 → 4,878.
● Bearish bias valid if wedge support fails.
—————————
🚀 Top Broker - Link
⚡️ Contact @DeGRAMForex

💡 Forecast for #GBPUSD 🇬🇧🇺🇸
GBPUSD -> in the descending channel
—————————
📊 Technical Analysis
● GBP/USD remains inside a broad descending channel, with price rejected from the long-term resistance line near 1.3450 and forming lower highs.
● A breakdown below 1.3350 confirms bearish momentum, exposing 1.3190 and 1.3040 support levels within the channel base.

💡 Fundamental Analysis
● Diverging policy outlooks, with firmer US data and cautious BoE guidance, support dollar strength and weigh on sterling in the long term.

✨ Summary
● Resistance: 1.3450–1.3500.
● Targets: 1.3190 → 1.3040.
● Bearish bias valid below descending channel resistance.
—————————
🚀 Top Broker - Link
⚡️ Contact @DeGRAMForex

🏆 Forecast for #GOLD
GOLD -> formed the gap
—————————
📊 Technical Analysis
● XAU/USD reached the upper boundary of the ascending channel and printed rejection near 5,421, forming a potential lower high around the resistance zone.
● The gap area near 5,350 combined with bearish divergence and overextension above the trendline increases the probability of a pullback toward 5,248 and 5,131 support.

💡 Fundamental Analysis
● Firm US yields and fading safe-haven inflows amid improving risk sentiment reduce upside pressure on gold in the short term.

✨ Summary
● Resistance: 5,420 area.
● Targets: 5,248 → 5,131.
● Bearish bias valid below channel resistance.
—————————
🚀 Top Broker - Link
⚡️ Contact @DeGRAMForex

💡 Forecast for #EURUSD 🇪🇺🇺🇸
EURUSD -> formed a descending wedge
—————————
📊 Technical Analysis
● EUR/USD is testing the long-term descending resistance line after holding the 1.1700 support zone, where multiple rebounds formed higher lows inside a contracting triangle.
● The recent dip toward 1.1760 looks like a false breakdown below the wedge base; recovery above 1.1840 may open a path toward 1.1900 and 1.2050 resistance.

💡 Fundamental Analysis
● Slowing US inflation and expectations of gradual Fed easing reduce dollar momentum, while improving Eurozone data supports medium-term euro recovery.

✨ Summary
● Key support: 1.1700–1.1760.
● Break above 1.1840 targets 1.1900 → 1.2050.
● Bullish bias valid if price reclaims descending trendline.
—————————
🚀 Top Broker - Link
⚡️ Contact @DeGRAMForex

✅✅ AUDUSD 3rd TP hit ✅✅

💰 Profit: +100.0 pips

✅✅ GBPUSD 2nd TP hit ✅✅

💰 Profit: +60.0 pips