Gold prices retreated on Friday after reaching a swing high of $2,698, encountering resistance following a bullish breakout above the trendline and completion of the 78.6% Fibonacci retracement. Despite Monday's bearish reversal pattern and weak...
Gold technical analysis Four hour time frame: In a falling wedge, I destroyed gold options faster than I expected. The metal has found support at the 2658 level and has bounced and traded there multiple times. This week, we should be able to recover...
EUR/USD Price Action Recap The EUR/USD price behavior analysis is presently up for discussion. The EUR/USD H4 chart highlights a potential bullish outlook, supported by key technical indicators. The price has recently climbed above the short-term...
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...
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...