XAU/USD H4 ANALYSIS As of late Thursday morning, gold prices continue to display an underwhelming performance, trading near $4,730, as markets attempt to understand their positioning under the pressure of US-Iran tensions. The metal decline reflects...
From my current analysis, the USD/JPY pair has been consolidating within the buy zone of the Envelopes indicator on both the hourly and four-hour timeframes. This consolidation is taking place above a key support range between 159.10 and 159.25,...
This is XAUUSD on M3, last price 4713.28 at 01:05. You’re in a choppy downtrend after a failed breakout and sharp selloff. Here’s the breakdown covering volume, RSI context, support/resistance, MAs, and entry levels: *1. Trend Moving Averages* -...
Support and resistance are among the most essential concepts in forex trading, forming the foundation of technical analysis. These levels help traders understand market behavior, identify potential entry and exit points, and manage risk effectively....
In my view, natural gas (NG) has finally delivered a key technical development by breaking through its trendline around the 27 level. This is something I had been anticipating for some time, and as I mentioned earlier, such a breakout creates the...
