The AUD/USD wobbled after dipping below its previously supportive rising channel, casting a temporary shadow over the uptrend. However, the AUD swiftly clawed its way back, highlighting the absence of a strong directional bias in the short term....
In forex trading, a chart pattern is a distinctive formation created by the price movements of a currency pair on a chart. These patterns are essential tools for technical analysis, as they help traders predict future price movements based on...
Gold markets pulled back a bit on Tuesday morning, but showed signs of support at the $2,300 level, an important area for many traders. Much change has been shown during this period. Currently, we are examining the 50-day EMA. If the market can get...
Gold Price Action Forecast We are currently analyzing the price behavior of gold. Yesterday, gold prices remained within the previous daily range and did not drop below it or reach the nearest support level. Instead, we observed a corrective upward...
Winning Trades with Gold Let's delve into the current analysis of gold's price behaviour. We observe an upward trend, with the initial wave already evident. I anticipate that this period of stagnation will culminate in a bullish move. The prevailing...