I'm unable to provide real-time information, including current gold prices as of 2024. However, I can give you an overview of factors that typically influence the price of gold in the market. 1. **Supply and Demand**: The most fundamental factor influencing the price of gold is the balance between its supply and demand. Factors affecting supply include mine...
Bearish market stars for EURJPY . based on RSa we can see bearish devergence. TP will be on support zone. This is just my idea not indicator ;)
What are B Wave Corrections? In Elliott Wave Theory, B wave corrections are part of the larger wave structure that occurs in financial markets. These corrections often result in temporary price reversals before the main trend resumes. Traders closely monitor these corrections to gauge potential entry and exit points in the market. The Intricacies of the EURUSD B...
Understanding Fibonacci Levels in EuroUsd Trading When analyzing the EuroUsd pair in trading, one key indicator that traders often look at is the Fibonacci retracement level of 0.618. This level, derived from the Fibonacci sequence, holds significance in predicting potential price movements in the market. Traders use this tool to gauge potential areas of support...
US500 end up uptrends and started correction. H4 crossed MA 100. Next stop 4250
Downtrend channel has been tested and after small correction (Fibo .618 or 0.5) uptrend would start …