In addition to the Federal Reserve downplaying interest rate hike expectations and improving economic data, the recent rise in the U.S. dollar has also been fueled by the weak declines in the non-U.S. euro and the pound. Raising and lowering interest rates have become the trigger for global currency depreciation. The Federal Reserve still hints at a dilemma. If...
During the European trading session on Tuesday (April 23), gold continued its downward trend from the previous day. Spot gold remained volatile after falling sharply in the Asian session, falling to an intraday low of $2,295.49 per ounce. As concerns about conflicts in the Middle East have eased, boosting investor risk appetite and reducing safe-haven demand for...
CPR. grab candles. trendline and triangle here. which way i wonder
Everything is clear on the chart entry region, stop loss and levels for targets are represented on the chart. There is a potential harmonic bearish deep crab pattern. Any cricitism is appreciated This idea is not investment advice. Regards, Zelâl Ada
Hi All, New Trader here…. XAUUSD is currently below its 20 and 50 day EMA. Double bottom without breaking the key support, down to 1216-1203 which shows promising bullish reversal. Currently, Bullish on XAUUSD. Pros Target 1: 1281 Target 2: 1306 Target 3: 1326 Trailing stop loss should be used. Cons RSI Hope this chart was helpful to you all. If you all have...