Gold (XAU/USD) fell on Friday, reversing earlier gains and failing to benefit from a slight decline in the dollar. Growing expectations of an interest rate hike by the Federal Reserve continued to weigh on the non-yielding precious metal. After...
Gold D1 Technical Analysis – Key Levels and Market Structure 1. Current Market Structure The Gold daily chart shows a significant corrective phase after the strong bullish expansion seen during August. Price reached the 4668–4692 region before...
Tweezer Top Candlestick Pattern in Forex Trading A Tweezer Top is a two-candle bearish reversal pattern that can appear after an upward price movement. Its main feature is that the highs of two consecutive candles form a similar or nearly identical...
USOIL H4 — Chart-Based SMC Analysis 1. Overall H4 Market Structure The overall H4 chart shows that USOIL first developed a clear bullish structure from the lower area around 79.9–83.8, moving progressively toward the 91–95 region and eventually...
Why Losing Trades Affect Confidence A losing trade is an unavoidable part of Forex trading, but its psychological impact can be much greater than the financial loss itself. When a beginner experiences several losses in succession, confidence can...