*CFDs on Gold (US$ / OZ) · 4h · TVC | $3,972.040 -0.88%* *1. Price Structure* Left to right: Chart opens near $4,600 in early June. Lower high at ∼$4,500, then breakdown. Lower highs: $4,500 > $4,400 > $4,300 > $4,200 > $4,100. Lower lows: $4,300 >...
Technical and Fundamental Analysis of the USD/JPY Pair USD/JPY continued its powerful advance and traded near 162.70 during Wednesday's Asian session, extending gains for a third consecutive trading day and pushing deeper into territory not seen for...
I continue to monitor the GBP/USD monthly chart because it provides a clearer view of the broader market direction. Since the first month of summer has just ended, I think it is a good opportunity to reassess the higher timeframe and evaluate what...
EURUSD: The price of EUR/USD is currently at 1.13841, and it is clear that a strong rebound will draw bears to restart the downward trend and cross the 200-day simple moving average at 1.13441. This could cause the price to drop significantly below...
XAUUSD 5M: Liquidity Sweep Long - SMT Setup to 4,020 That arrow is the plan. This 5m shows the completion of the bearish move and the first sign of reversal. Structure Reading We had a full displacement down from 4,032 to 3,960. After making the...
