Source: FX Empire
Security & Justice
Southern Lebanon Endures Massive Damage: 40,000 Homes Leveled Across 37 Towns
Israeli forces have systematically destroyed entire neighborhoods in southern Lebanon, leveling more than 37 towns and wiping out over 40,000 residential units, according to Lebanon's National News Agency.
Tuesday, November 5, 2024
Gaps in Coastal Radar Enabled Israeli Raid in Batroun, Army Commander Says
Lebanon’s army chief, General Joseph Aoun, detailed to Caretaker Prime Minister Najib Mikati how Israeli forces likely exploited gaps in the country's coastal radar system during the recent raid carried out in Batroun. The briefing comes as Lebanese officials seek answers on how Israel’s elite Shayetet 13 unit carried out the landing undetected.
Monday, November 4, 2024
Opinion
The Emptying of Baalbek Is a Moment to Take Stock
“Large numbers of people continue to flee their homes every day, as Israel’s military operations in Lebanon have been going on unabated.” These disturbing words could be from almost any news report about Israel’s invasion of its northern neighbour over the past month. However, they can be found in a report by the Norwegian Refugee Council’s Internal Displacement Monitoring Centre issued on July 27, 2006.
Saturday, November 2, 2024
A Future Without Hezbollah
At the end of September, when Israel’s campaign to destroy Hezbollah was reaching its height, I met one of the group’s supporters in a seaside café in western Beirut. He was a middle-aged man with a thin white beard and the spent look of someone who had not slept for days. He was an academic of sorts, not a fighter, but his ties to Hezbollah were deep and long-standing.
Thursday, October 31, 2024
Sports
FC Barcelona Fears First Team Star Will Be Banned From Playing, Reports SPORT
FC Barcelona is concerned that one of its main first-team stars will be banned from playing at the turn of 2025 because of issues related to his registration and Financial Fair Play (FFP) limits according to SPORT, which cited anonymous sources.
Friday, November 1, 2024
Tottenham Forward Son Heung-min Crowned Asia’s International Player of the Year
Tottenham forward Son Heung-min was crowned as Asia’s International Player of the Year for the fourth time by the Asian Football Confederation at its annual awards ceremony Tuesday.
Wednesday, October 30, 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.
