EURUSD Trading Analysis: A negative industrial production result in Spain is expected to push down the euro given the notable swings in the EUR/USD pair this week. Traders are also quite interested in the US trade balance because it may have a...
Gold H1 Market Structure The GOLD.m H1 chart shows a highly volatile market with a sharp bearish displacement followed by a corrective recovery. Price previously rallied toward the 4357–4360 region, where strong selling pressure appeared. The large...
Gold Long-Term Analysis: The analysis of the behavior of the gold price is currently the main topic of discussion. Gold failed to break above the 50-day EMA's support level today, and we are currently seeing an update of yesterday's high with a test...
Gold (XAU/USD) rises past the $4,300 level ahead of the European trading hours on Thursday despite trading close to the six-week low seen on Wednesday. The US Dollar (USD) pulls back after reaching a new peak in late July, providing some support for...
Looking at the 15-minute XAUUSD chart, the market structure currently shows a very important transition. The strongest move on the chart is the sharp bearish displacement from around 4360 down toward 4250. This move was aggressive and came with a...