Hello. There was a good chance that we would exit the sideways trend upwards in Gold, since we entered it after growth, but at the moment sellers are trying to form an exit downwards from it. For a full exit, they need to break through and...
I wish everyone good trading and profitable deals. I encourage traders to remain cautious and disciplined, especially in volatile market conditions. I think that setting clear entry and exit points, as well as managing risk effectively, will be...
Analyzing the current situation with the euro/dollar and pound/dollar pairs, I observe that the market is in a state of uncertainty, particularly with the euro/dollar trading slightly below its local high of 1.0875. I note that the pair is currently...
Gold H1 chart: The price of gold is trading at 2884 and continuing its downtrend. The resistance level on the H1 chart is 2890, and the support level is 2865. In addition, the RSI at 35 indicates that gold is nearing oversold conditions. The gold...
The EUR/USD pair entered a phase of consolidation on Monday, initiating the new trading week with a relatively subdued tone as market participants braced themselves for a data-intensive week of US economic releases. Equity markets experienced...
