Introduction to Order Blocks in Smart Money Concepts Introduction Smart Money Concepts (SMC) is a trading approach that focuses on market structure, liquidity, price imbalances, and potential institutional activity. One of its most popular concepts...
Introduction to the "W" Chart Pattern The "W" pattern, widely recognized in technical analysis as a double bottom, is a prominent bullish reversal formation that signals a shift from a downward trend to an upward trajectory. As detailed in the...
Gold Daily Forecast The gold (XAU/USD) price fell about 0.10% close the week at $4,165. This ends the precious metal's weekly slide after it fell sharply on strong inflation data. The numbers were weaker than expected. US inflation statistics topped...
Bitcoin analysis using Elliott Waves shows the price trending...
Comprehensive Technical Analysis: Gold (Daily Chart) Chart Overview and Context The image provided is a screenshot from a mobile trading application, displaying the daily price chart for Gold, denoted as GOLD.m, D1. The "D1" indicates that each...