GOLD Timeframe H4: Based on the GOLD chart on the H4 timeframe, the current situation still shows a bearish trend, although indications are emerging that selling pressure is easing in lower support areas. The price structure since mid-May has shown...
XAUUSD Approaching a Critical Supply Zone: Bearish Continuation in Focus The XAUUSD 2-hour chart presents a compelling Smart Money Concepts (SMC) setup, highlighting a market that remains under bearish pressure despite a recent recovery from demand....
On the GBP/USD H4 chart, the dominant technical feature is the sharp bearish impulse that broke the prior bullish structure. Before the selloff, price was making a sequence of higher highs and higher lows, peaking around the 1.3440–1.3450 area....
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
Crude Oil 4-Hour Analysis: Right now, the price of crude oil is 75.80. The monthly top conversion level at 76.95 shows a breakout trend, indicating that buyer pressure will continue to increase and reach 79.30. The immediate resistance at 84.70 will...
