The price movement of gold displayed in this chart highlights clear trends and consolidation phases over the analyzed period. Starting in late November, the market experienced a strong bullish rally, pushing the price toward a peak near 2728. This...
Bitcoin posted modest gains early on Tuesday, briefly attacking $97,000 before retreating slightly. The move followed Monday's significant hammer candlestick formation, which is likely to attract the attention of technical traders. Bitcoin appears...
I will explain the current price movements in the NZD/USD market. From a technical perspective, NZD/USD is trading at 0.5575 at the time of writing. In the long term, NZD/USD is currently bearish, while at the beginning of the month the price showed...
GBP/USD Today, GBP/USD is trading around 1.2296, down slightly by 0.10%. On the 4-hour chart, I’ve noticed the pair is staying below the 50-day moving average, which signals bearish momentum is still in play. The RSI is sitting at 45.96, showing a...
GOLD Trading Analysis Update Wednesday, January 15, 2025 Good morning all my friends, this morning I will try to analyze the Gold pair using the H4 timeframe. It can be seen that the current Gold price is above the Moving Average Indicator period...