Wicks Don't Count (Valid vs. Invalid Manipulation) One of the most misunderstood concepts in price action and Smart Money Concepts (SMC) is the idea that "wicks don't count." Many traders panic when they see price briefly move beyond a key support,...
*XAUUSD - 4H Technical Analysis Report | OANDA* *Current Price: $4,123.68 | Change: -$0.12 | -0.00%* *1. PRICE STRUCTURE* Market is inside a *Bearish Descending Channel* marked on chart. Swing: $3,960 low > $4,170 high > now pulling back to channel...
*Technical Analysis - Gold Spot XAU/USD 1D Chart - OANDA* *Price Action* Chart shows Gold on 1D timeframe. Current price 4,124.940, up 0.850 (+0.02%). Structure: Major downtrend from March high ∼5,400 to June low ∼3,950. July: Consolidation phase....
On this Friday, July 10, 2026, NZD/USD day traders managing the 0.5745 level must focus on the market's continued digestion of the Reserve Bank of New Zealand's (RBNZ) surprise interest rate hike earlier this week, which completely reshaped Kiwi...
_Gold Spot / U.S. Dollar · 4h · OANDA | $4,121.195 +1.08%_ _1. Price Structure_ Left to right: Aug ∼$3,300 > Oct ∼$4,200 > Dec ∼$4,200 > Jan spike ∼$5,500 = HH. Jan ∼$5,500 > Feb ∼$5,200 > Mar ∼$5,100 > Apr ∼$4,700 > May ∼$4,600 > Jun ∼$4,100 > Jul...
