Gold Analysis Using SMC Concept Understanding the Chart and SMC Concept This is a 15-minute chart of XAU/USD (Gold Spot/U.S. Dollar), showing a price movement from 3,400 to 3,482.775. The Smart Money Concept (SMC) focuses on understanding...
AUD/USD Forecast Good Morning! The AUD/USD market crossed the 0.6418 zone yesterday at the Sydney time zone. However, the market can follow a technical analysis and come back. It can cross the 0.6377 zone again in the coming hours or during the US...
USD/CAD Forecast Good morning guys! Yesterday, the market of USD/CAD had crossed the 1.3790 zone. This increases the difficulties for the buyers. However, the overall market sentiment is still in favor of buyers. Today, the Richmond Manufacturing...
The chart provided is a 1-hour candlestick chart of the Gold Spot/U.S. Dollar (XAU/USD) pair, a popular trading instrument representing the price of gold in U.S. dollars. Let’s break down the key elements of the chart and analyze the price action,...
US Dollar Plunges on Trump-Powell Conflict The US dollar exchange rate fell sharply in all major currency pairs on Monday (21/4/2025) trading until the DXY fell to its lowest level at 97.92. This is because market players are worried about the news...