Yesterday the gold market movement could still go lower although the movement was not huge. The candlestick could move from the area of 2656.55 to a price of 1637.61. Perhaps this happened because the market was early in the week and market players...
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...
What are Pennant Patterns? Pennant Pattern is a continuation pattern formed by large currency pair price movements that help identify the direction in which currency pairs are headed. The pattern resembles the shape of a flag, which denotes a...
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...
Technical Analysis of Gold Well let's take a look at this previous analysis in which I talked about the target of the rise on the daily chart and also the trend of the rise on the 4-hour chart You can view it from this link The analysis of the...