The Psychology of Patience and Timing in Forex Trading Importance of Patience in Trading Patience is one of the most valuable psychological traits a Forex trader can develop. While many beginners believe success comes from finding a perfect...
Gold 4-Hour Analysis: The US dollar has been strong since the morning, and the US dollar index has been strong for the past few days. Today, news about the US economy was released, and as a result, we saw a strong bearish reaction on gold. Indeed,...
After reaching a lower support level around $4,000 last week, gold (XAUUSD) recovered on Monday. Due to the strength of the US dollar and US Treasury yields, gold and silver (XAGUSD) prices are still in a short-term bearish trend despite this...
Support Levels The primary support zone is located at 4085.20 – 4090.65, which represents the recent swing low region. The level 4090.65 is the higher end of this cluster, while 4085.20 is the ultimate line of defense shown on the chart. A...
GBP/USD Breakdown Deepens as Sellers Defend Resistance and Target Lower Support Levels The British Pound against the U.S. Dollar on the 4-hour chart remains firmly under bearish pressure after a prolonged deterioration in market structure...
