Technical Analysis of Gold On a daily chart, the price of gold begins trading this month in a selling zone after updating the price channels and updating the monthly pivot levels. The trend of the price of gold during the previous two months was...
Bollinger Bands Indicator The Bollinger Bands indicator is a popular technical analysis tool used to measure market volatility and identify potential trading opportunities. It consists of three lines plotted on a price chart: Components of Bollinger...
GBP/USD is at a crucial juncture as the price remains close to the 1.2725 resistance level. As per the analysis, the preferred strategy is to take short positions below this resistance, with targets at 1.2670 and 1.2640. The rationale behind this...
Crude Oil Analysis The market ended on a negative note last Friday, despite gains during the Asian and European sessions when it nearly tested the $70 level. Following the US session, the market experienced a decline. During the Asian and European...
The GBP/USD pair is currently facing a critical point of decision at the 1.2725 pivot level. This level serves as the key resistance for any further price action. According to the analysis, short positions below 1.2725 are preferred, with targets at...
