Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
2021
Best News & Analysis Provider
FxDailyInfo
2022
Best Forex Educational Resources Global
International Business Magazine
Naoufal Seddik
Naoufal Seddik, trader and technical writer with 6 years of experience in financial markets. Works with the content team to create trading and investing content that is accurate, trustworthy, and explained in a clear and understandable way for both beginners and experienced traders.
Amid supply deficits and industrial demand, silver recovers to $69.95. Technicals signal a bullish path toward $100+, making current discount levels an compelling opportunity despite potential short-term volatility.
Master the essentials of gold zakat with this concise breakdown. Discover how to apply the 85g nisab and 2.5% rate across 24K–18K purities, navigate scholarly rules on personal jewelry, and properly assess physical bullion, ETFs, mining shares, and CFDs.
Gold fell about 1.91% on August 18 before producing a strong bullish reaction from the 1-hour demand zone in early August 19 trading. RSI is recovering from oversold conditions, but Supertrend remains bearish as traders await the Fed minutes.
Gold gained 0.94% on August 17, closing near $4,417.30 as softer US data strengthened expectations for unchanged Fed rates in September. Gold remains bullish, with $4,449.730 resistance and $4,310.650 support in focus.
Gold fell 1.32% on August 13 after rising to $4,449.73, then reversing lower and closing near $4,349.918 below the $4,356.46 support. Softer US inflation data reduced Fed rate hike expectations, but selling pressure still dominated the session. Will $4,313 support hold?