I observe the XAU/USD market action today. I see the current market price for XAU/USD is exactly 4293.12 dollars. I note this reflects a strong upward push. I check the daily high for XAU/USD and I see it stands near 4320.67 dollars. I look at the...
Primary Trend Market Structure On the H4 XAUUSD chart, the primary trend is bullish but showing clear exhaustion. Price has rallied from the 4,000 zone to a fresh all-time high near 4,306.10, driven by strong momentum (RSI at 72.03 – overbought)...
Wyckoff Logic: The Four Market Phases Institutional Cycles Financial markets may appear chaotic when viewed through individual candles, sudden breakouts, and rapid price movements. However, many traders believe that beneath this apparent...
Why Market Zones Matter More Than Individual Price Levels Many new traders believe that the market reacts to one exact price. They often draw a single support or resistance line and expect price to reverse the moment it touches that level. However,...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....