GBPUSD Last week there were seven signals for the pound dollar. Two of them worked. And basically all the signals were false, they were false mainly due to the fact that from Tuesday to Wednesday the price was trading in a range. When it is trading...
A Pennant pattern is a continuation chart formation observed in financial markets when a security undergoes a significant price movement followed by a brief consolidation before continuing in the same direction. This pattern resembles a small...
General Points of XAUUSD: Currently, a bullish concept is increasing and the buyers are trading at 2689 right now. Hence, we can use different strategies in this market as the steadiness of unemployment data might temper some of the enthusiasm...
The spot price experienced dip-selling pressure during Thursday's Asian session, leading to a drop near mid-1.2970. Despite this pullback, a mix of factors may limit any further declines. The recent price action has generated mild downward momentum....
Gold technical analysis: If we look at the gold price in a 4-hour time frame, the gold market price is currently moving upwards and has broken the 2676 resistance level. The air distance level created a lot of resistance at this point and prevented...