OANDA:XAUUSD 📊 Trading Strategy Breakdown: Parabolic Support & Key Resistance Analysis 📈 In this setup, I'm capitalizing on the parabolic trendline (blue curve) acting as dynamic support, pushing the price upward toward a significant resistance zone (gray area). Here's my thought process: 1️⃣ Resistance Zone Reaction The gray zone marks a key resistance area...
OANDA:XAUUSD Gold's True Role as a Safe Haven for Governments, Not Individuals In the world of finance, OANDA:XAUUSD is the ticker symbol that represents the price of gold in terms of the US Dollar. It’s the barometer through which investors, traders, and analysts gauge the precious metal’s value relative to one of the world’s most widely used fiat...