Gold (XAU/USD) suffered a significant liquidation during Monday's session, plummeting over 2% to settle near the $4,521 mark after an earlier intraday peak of $4,639 was met with aggressive selling pressure. This sharp reversal was fueled by a toxic...
It’s worth noting that the EUR/USD pair has continued its downward movement, even breaking below yesterday’s low. What stands out is that this decline is not being driven by any major shift in fundamental factors. Instead, the market appears to be...
The GBP/USD pair is under notable pressure during Tuesday’s early European trading session, retreating toward the 1.3520 level as a surge in geopolitical risk reignites demand for the safe-haven US Dollar. The primary catalyst for this shift is a...
Identifying Support and Resistance is one thing, but trading them correctly is where the profit lies. There are generally two ways to play these levels: trading the bounce or trading the breakout. The Bounce: You wait for the price to hit a known...
Great breakdown! One thing I’ve found helpful is viewing Support and Resistance as zones rather than exact lines. Prices often 'wick' through a level before reversing, so using supply and demand zones helps avoid getting stopped out by minor market...