Diego Colman - Profile and Journalist Details
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Diego Colman
Verified
Market Strategist, DAILY FX
Mamaroneck
Beats
Police Matters , Feel Good Features, Government Meetings , Police Matters , Outdoor-related and Entertainment/Music-related Stories, Plane Crash , Accidents , Various Topics, outdoor-related and entertainment/music-related stories.
Content
By Diego Colman| DAILY FX Verified Most Read: British Pound Weekly Forecast: Ranges Likely To Hold As Focus Moves To ECBIn a recent article, I explored a compelling trading idea, discussing the possibility of gold's recent softness persisting in the near term. I pointed out that a breach of support located around $2,335 could serve as a technical signal for a bearish continuation. On Friday, bullion not only slipped below this region but also fell under its 50-day simple moving average at $2,327.
By Diego Colman| DAILY FX Verified Most Read: Market Sentiment Analysis & Outlook - EUR/USD, USD/CAD, Dow Jones 30Gold (XAU/USD) has enjoyed a remarkable rally this year, peaking near $2,450 in early May. However, the upward impetus has recently started to wane, with bullion retreating over 4% from its highs in the past few trading sessions. This price correction suggests a shift in investor sentiment, with bulls likely seeking greener pastures.
By Diego Colman| DAILY FX Verified Most Read: British Pound Weekly Forecast: Ranges Likely To Hold As Focus Moves To ECBIn a recent article, I explored a compelling trading idea, discussing the possibility of gold's recent softness persisting in the near term. I pointed out that a breach of support located around $2,335 could serve as a technical signal for a bearish continuation. On Friday, bullion not only slipped below this region but also fell under its 50-day simple moving average at $2,327.
Company Info
DAILY FX
DailyForex is a financial market news and analysis company founded in 2008. It focuses on empowering and educating Forex traders of all experience levels through its comprehensive online platform, DailyForex.com. The company is known for its commitment to transparency, objectivity, and independence in providing reliable market information and broker reviews. DailyForex offers a variety of services tailored to Forex traders. This includes comprehensive broker reviews based on rigorous testing and evaluation, daily market analysis to keep traders informed about trends and opportunities, and educational materials designed to enhance trading skills and understanding of Forex concepts. The company aims to support individual traders, from beginners to seasoned professionals, by providing trustworthy information and practical resources to improve their trading performance.
'+1 541-745-5116
Founded: 2008