XAUUSD After a fairly strong downward correction, the first rebound is visible. The same is true for silver, which should come as no surprise. Unfortunately, I did not give the place of entry yesterday because it is difficult to operate several platforms at the same time and trade at theContinue Reading
XAUUSD Gold rebounded as expected, but we cannot be sure about its further upward move. In the current situation, where we expect important data from the US today, we can expect bigger moves in the US dollar. In the picture I have marked the level with a line which shouldContinue Reading
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XAUUSD Remember the line we had last week? The price reacted very well to the set level. All in all, many critics would reply that the lines do not mean anything and that the price does not react to the lines .. And they are right. We just found theContinue Reading
XAUUSD The analysis of gold will be quite specific. Wednesdays are a time when a lot is happening in the markets. In my experience, 90% of these days have such big moves that you could only trade on Wednesdays to earn enough regularly. In the picture I showed a placeContinue Reading
Welcome to the first Monday of the new month. Overall, looking at the market, I can’t see anything more than what I showed last week. But let’s move on to the charts. Nasdaq We can notice that the commonly known as NQ rebounded strongly after the consolidation it fell intoContinue Reading
XAUUSD In the chart, we can see that the price yesterday started a correction, which during the Asian session deepened (around 170 pips in 4 minutes). I was expecting a rebound from the boundary of the designated channel and as you can see the price reacted immediately, but the manContinue Reading
XAUUSD The metal has been consolidating for a week, despite the fact that the US dollar is weakening against many currencies. Consolidation is at the border of the growth channel, so investors are defending the price level, hoping for a correction. The next attempt to approach the resistance will weakenContinue Reading
XAUUSD Gold created a local growth channel with a steep slope. We remain in an uptrend, and a possible correction may occur to the border of the channel, where there will be support. However, I would not try to enter a short position based on a rebound from the channel.Continue Reading
Welcome to the next May Financial Markets Review. We will start today’s ranking with gold. XAUUSD The value during the Asian session slowly but visibly increases its value so that it is approaching the resistance once again, which is likely to be broken. Continued growth will not surprise me. IContinue Reading
