The provided chart shows EUR/USD on the 15-minute timeframe, although the request mentions XAU/USD. Based on the visible price action, the market structure initially remained strongly bearish, with price trading consistently below the major moving...
AUD/USD Rally Faces Critical Weekly Resistance as Bulls Pause Near 0.7150 The AUD/USD weekly chart is beginning to show signs of exhaustion after an aggressive multi-month recovery pushed the pair toward the key 0.7150 region, an area that...
GOLD QUICK VIEW From the way I’m reading the GOLD M15 chart right now, I can see the market trying to recover after that aggressive selloff into the red demand zone. The current price around 4540.98 tells me buyers are finally attempting to regain...
GOLD.m H1 Technical Analysis *Technical Structure* GOLD.m H1 is trading at *4532.11*, consolidating after a bounce from the *4481.87* low. The broader structure remains bearish, with price capped below the descending red, blue, and white moving...
NZD/USD continues to trade with a weak undertone near the 0.5870 region during Thursday’s European session, and the daily chart still leans in favor of sellers despite recent stabilization attempts. The pair managed to recover modestly from April...
