XAU/USD (Gold) continues to be a focal point for investors amid an environment marked by uncertainty and volatility. As of the latest trading data, gold is maintaining a steady price around $2,642 per ounce, yet the broader outlook for the precious...
The Spot price faced another setback on Tuesday, shedding 0.2% as the Euro weakened in anticipation of fresh economic data. This decline follows a growing sense of caution among traders ahead of Thursday's release of key Purchasing Managers Index...
The pair has been gaining momentum recently, driven by the strengthening of the US Dollar (USD). This uptick comes on the heels of positive economic data from the United States, which has boosted expectations for a more cautious approach from the...
The price is set for increased volatility as a series of key economic reports and central bank updates loom large on the horizon. Market sentiment could shift dramatically in response to upcoming data, including U.S. inflation figures, the Producer...
I think shorter timeframes, 15 minutes or less, are more suitable for scalping—ideally 5 minutes. On the 1-minute timeframe, there's too much noise and a high likelihood of completely random price movements. However, some traders who trade momentum...