*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...
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,...
I am observing the USD/JPY pair as it trades around the 162.36 level, hovering dangerously close to 40-year highs not seen since the late 1980s. I see that the market is in a state of high tension, as investors are constantly weighing the persistent...
_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...
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...