Gold: Gold (XAU/USD) has shown strong movement in the market recently, and understanding its potential resistance and support levels is crucial for traders. Let's break down the significant barriers and targets for XAU/USD. Firstly, we need to focus...
RISK TRADING WITH EXPERT ADVISOR Risk trading with an Expert Advisor (EA) is a popular approach in automated trading, allowing traders to manage risk while leveraging the benefits of algorithmic trading. An Expert Advisor is a program that...
Date: 11th June 2024. Market News – Inflation reports dominates! Financial Markets Performance: * The USDIndex has caught a bid with the push back to rate cut expectations. It closed at 105.150, back with a 105 handle for the first time since May...
GOLD technical analysis The price is currently encountering weekly resistance at 2320, causing a downward correction after an upward movement earlier this week. Gold has been trading within two upward-trending price channels, reflecting the price...
EUR/USD Outlook The price trades in the buy zone, receiving support from the weekly pivot level of 1.0770 and the price channel lines. It trades within a price triangle formed by the ascending red and descending blue channels. The general direction...