In my opinion, the gold chart on the H1 timeframe reflects a dynamic market with multiple trading opportunities. The price movement within the Bollinger Bands, which expand and contract based on market volatility, provides a strong indication of...
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...
The given text discusses the consolidation of the EUR AUD currency pair in a daily time frame, where it is confined within an inside bar pattern between the prices of 1.67417 and 1.64882. Additionally, the movement is limited by a symmetrical...
AUD/USD Technical Overview: As of today, January 15, 2025, I’m seeing the AUD/USD trading around 0.6198 USD per AUD. The 50-day moving average (MA) has recently crossed below the 200-day MA, which suggests a bearish trend, but I believe we might be...
TRADING CHART ON GBP USD H4. The GBP/USD chart presented showcases a clear downtrend over an extended period, with price action consistently remaining below the moving average (possibly the 50-period MA). The market dynamics indicate bearish...
