Gold (XAU/USD) 4H Technical Analysis Gold is showing a short-term bearish correction on the 4-hour chart after reaching the 4,685–4,700 resistance zone. Price formed a strong rejection from the highs and then broke below the rising trendline, which...
EUR/USD: Good Tuesday morning. As of September 1st, we see that the EUR/USD currency pair has reversed downwards again on the four-hour chart, failing to reach the main growth target we noted earlier at resistance at 1.1630. Perhaps for this reason,...
GBPJPY H4 Technical Outlook – Bearish Pressure Below 216.63 GBPJPY is currently trading around 216.417 on the H4 chart after a strong rejection from the 216.87–217.10 resistance area. Price previously reached approximately 217.35, but the bullish...
Support Levels The primary support zone is located at 4392.10 – 4431.53, which represents the recent swing low region. The level 4431.53 is the higher end of this cluster, while 4392.10 is the ultimate line of defense shown on the chart. A secondary...
GOLD.m H4 Technical Analysis Market Overview Gold on the H4 chart just had a major trend shift. From 10 August to 23 August the market was in a strong uptrend, climbing from 4360 to a high near 4725. That rally respected the rising orange and...
