Gold Forecast: Earlier today, I purchased a trade-in buy for $4719.89, now floating at $86 profit. I am happy. The price of gold has stopped falling, but it will continue to fall and reach $4729.89 in the weekly timeframe. There will likely be a...
On the one-hour chart, the 200-period SMA rests at 1.3550, offering a cushion directly beneath current valuations, whilst the 50-period SMA sits at 1.3595, functioning as a nearby ceiling overhead. On the four-hour timeframe, the 200-period SMA...
Silver (XAG/USD) Technical and Fundamental Analysis Silver prices staged a powerful rebound on Friday after briefly sliding below the critical $78.00 level during the Asian session, reigniting bullish momentum across the precious metals market....
In breakout trading, your entry is usually clear, but your exit strategy is what defines your profit. Because breakouts can be explosive, I like to use a Trailing Stop Loss. Once the price moves in my favor after the breakout, I move my stop loss to...
NZDUSD Forecast: Everyone is talking about a fall now, but whether it will take place is still being determined. However, on the hourly chart, the price has surpassed the middle line since the beginning of the trading day, and now with the price at...