Source: FX Empire
Security & Justice
37 Killed in Two Days of Lebanon Exploding Devices
Lebanon’s Health Minister Firass Abiad said 37 people were killed and more than 3,500 wounded in a new toll after hand-held devices used by Hezbollah members exploded across Lebanon, in attacks blamed on Israel.
Thursday, September 19, 2024
Investigation Links Bulgarian Firm to Hezbollah Pager Explosions
Preliminary findings have identified the Bulgarian company Norta Global Ltd. in connection with the sale of pagers used by Hezbollah, which later exploded in Lebanon, LBCI channel reported.
Thursday, September 19, 2024
Opinion
Lebanon Should Not Be a Puppet Controlled by Hezbollah
Caretaker Prime Minister Najib Mikati this week expressed, during a meeting with ambassadors and acting representatives of the UN Security Council’s member states, Lebanon’s readiness to engage in indirect negotiations with Israel to achieve a ceasefire and end the ongoing war in the south of the country between Hezbollah and the Israeli army, amid escalating exchanges of fire and Israeli threats to expand the conflict.
Thursday, September 12, 2024
Why Riad Salameh's Arrest Is a Test for Lebanon's Judiciary
The arrest of former Central Bank of Lebanon chief Riad Salameh last week has triggered a slew of speculation both within and beyond Lebanon's borders.
Monday, September 9, 2024
Sports
Man City's Hearing for 115 Charges Begins
The hearing into Manchester City's 115 charges for alleged breaches of the Premier League's financial rules begins on Monday.
Monday, September 16, 2024
Piastri Wins as Norris Gains on Verstappen in Azerbaijan
Lando Norris drove an extraordinary race to catch and pass title rival Max Verstappen as his McLaren team-mate Oscar Piastri won an engrossing Azerbaijan Grand Prix.
Sunday, September 15, 2024
Saturday 23 March 2024 13:54:30
Weekly Gold Price Forecast: Eyes on $2165 as Key Economic Events Loom
Gold concluded the week at $2165.31, marking a 0.43% increase. As we look to the week ahead, several key economic events are poised to influence gold prices. Understanding these can help new traders gauge potential market movements.
Gold Price Forecast: Technical Outlook
Gold’s pivot point holds around $2165. The upcoming week’s outlook hinges on key resistance and support levels, identified at $2189 and $2147, respectively, setting the stage for potential market movements.
Immediate resistance levels are staged at $2189, $2204, and $2223, suggesting barriers gold may face if it attempts an upward trajectory. Conversely, support levels at $2147, $2128, and $2111 will test gold’s resilience in the face of selling pressures.
The Relative Strength Index (RSI) at 64 indicates a leaning towards overbought conditions, suggesting caution among traders.
The 50-day Exponential Moving Average (EMA) at $2088 provides a longer-term bullish signal, yet the formation of a Doji candle on the daily timeframe signals potential weakness ahead. Additionally, a bearish engulfing pattern near $2164 underscores the selling trend, potentially influencing gold’s path in the coming week.
