Technical Analysis of XAU/USD: Current Price Action: The current price of XAU/USD is around $2,503.44. The price is consolidating after a recent drop, showing a slight retracement. Moving Averages: There are two moving averages plotted on the chart—one in red and the other in blue. The price is currently below both moving averages, indicating a bearish...
**XAU/USD Trading Analysis and Idea** In this analysis, we focus on the XAU/USD (Gold vs. US Dollar) chart on a 4-hour timeframe, identifying key market structures and potential trading opportunities. The chart shows both bullish and bearish order blocks that indicate significant price levels where buying or selling interest has been observed. **Key...
I believe this price correction wil continue until the price reaches 30000$
According to market data and technical charts in weekly and daily timeframes, I know almost a definite decline.
According to market data and technical charts in weekly and daily timeframes, I know almost a definite decline.