The ZigZag indicator is a popular technical analysis tool for filtering small price movements in forex trading to highlight significant trends and reversals. It helps traders identify key trends by removing market noise and providing a clear view of...
AUD-USD PAIR FORECAST Currently, there is a bearish potential that needs to be considered in the AUD/USD pair, especially when observing the M30 time frame. In the support resistance analysis, we identified two important levels, namely the minor...
Gold was sending mixed signals as it continued its downtrend. This week started the slow turn, breaking the previous week’s low of 2,307. Also, the daily bear flag was confirmed yesterday, resulting in a weak finish in the lower trading range of the...
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The price of gold (XAU/USD) is showing signs of recovery after trading around $2,320 on Thursday. This rebound comes after a period of pressure on the metal. Several long-term global factors are contributing to this positive trend. One key driver is...