XAUUSD (Gold) Technical Analysis Gold (XAUUSD) trades at 2,984, between the key support level of 2,933 and resistance at 3,008. The Relative Strength Index (RSI), a momentum indicator measuring overbought and oversold conditions, is crucial in...
As I analyze the AUD/USD pair on the H1 chart, I find that there are some interesting and potentially attractive opportunities for trading. I notice that an expanding formation is currently taking shape on the chart, which is a pattern that...
I believe that shifting the focus from the intraday movements of GBP/USD to the weekly chart (W1) provides a broader perspective on the current market situation. From my point of view, the recent upward movement appears to be a corrective growth...
West Texas Intermediate (WTI) crude oil prices experienced an upward bounce on Tuesday, finding support near the critical $65.26 level, which corresponds to the low recorded on September 10th. However, this rebound is likely to be constrained by a...
Low Leverage Leverage is a powerful tool in forex trading that allows traders to control larger positions with a smaller amount of capital. However, while high leverage can amplify profits, it also increases the risk of significant losses. Low...
