


Price patterns are technical analysis tools that help identify price behavior on charts to predict future trends. Common patterns include continuation and reversal formations. Continuation patterns such as flags, triangles, and rectangles often appear during strong trends and indicate the likelihood of the trend continuing after a period of consolidation....
The situation unfolded after President Donald Trump threatened to impose a 50% tariff on European goods starting June 1st—a move he later postponed to July 9th to allow more time for negotiations. However, sentiment remains cautious as investors closely monitor global developments—including the growing U.S. budget deficit, ongoing trade negotiations, and...
TVC:GOLD Gold has been on an impressive bullish run in recent months, driven by heightened geopolitical tensions, inflationary concerns, and macroeconomic uncertainty. However, recent price action suggests that the trend may be entering a critical turning point. Despite strong underlying sentiment, gold has failed to set a new high—often a clear indication of...
The gold market is showing signs of a modest recovery following the recent decline, but the price action remains cautious and lacks strong momentum. In this morning’s session, gold bounced back from the $3,320–$3,330 support area and is now hovering around $3,347, which aligns with a previously rejected resistance zone. This rebound appears technical rather than...
The economic calendar is an essential tool that helps traders track economic events and indicators that may impact financial markets such as Forex, gold, and stock indices. Common data listed in the calendar include interest rates, GDP, inflation (CPI), unemployment rates, retail sales, consumer confidence, FOMC minutes, and speeches from central bank officials....
MetaTrader 4 (MT4) is a popular trading platform for Forex and gold markets. To get started, download the software from your broker’s website or install the MT4 app from the App Store or Google Play. After installation, open the platform and log in using your account number, password, and the server provided by your broker. Once the bottom right corner shows...
Japanese candlestick patterns are a popular technical analysis tool used in financial markets such as Forex, stocks, and commodities. Each candlestick represents price movement over a specific time period, showing the opening price, closing price, highest price, and lowest price within that timeframe. The body of the candlestick reflects the price range between...
Here are some common trading styles used in the Forex market: Trend Following: Traders identify and follow the main market trend, buying in an uptrend and selling in a downtrend. Reversal Trading: Traders look for points where the trend may reverse and enter positions against the current trend. Range Trading: Traders buy near support and sell near resistance when...
Global gold OANDA:XAUUSD rises over 1% as the US dollar and US economic data weaken Gold prices rose more than 1% on Thursday (May 15), supported by a weaker US dollar and weak US economic data, while Russian President Vladimir Putin’s absence from peace talks prompted some safe-haven buying. At the close of trading on May 15, spot gold $TVC:XAU-AMEX:USD ...
Gold $TVC:XAU-AMEX:USD is under pressure as the US dollar strengthens and trade optimism spreads across the market. Prices slipped slightly early Wednesday as investors took profits after a rise from last week’s lows. Although US inflation came in lower than expected, the Fed’s lack of plans to cut interest rates anytime soon keeps gold OANDA:XAUUSD from...
April’s U.S. CPI came in below expectations, cooling down hopes for Fed rate cuts. The U.S. Dollar index has also eased off its one-month high, while ongoing geopolitical concerns continue to back gold’s rise. On Wednesday morning (May 14), spot gold traded in a narrow range around $3,245 per ounce. Inflation Data April’s U.S. CPI rose only 0.2%, less than the...
A Guide to Optimizing on TradingView Scalping and swing trading strategies are two popular trading approaches in Forex, OANDA:XAUUSD gold, and cryptocurrencies, enabling traders to capitalize on price movements for maximum profits. Scalping focuses on short-term trades with small gains, while swing trading targets longer-term trends. This article guides you on...
On the 15-minute timeframe, Bitcoin has undergone an uptrend from around $102,400 to a high of nearly $104,000. During this period, there was a slight correction but did not break the bullish structure, confirming that buying power remained strong. After that, the price formed a descending triangle pattern with the upper edge being the downtrend line and the lower...
Currently, gold ( OANDA:XAUUSD XAUUSD) is trading around 2331. On the H4 timeframe, gold remains in a high-efficiency downtrend. However, the market is awaiting a catalyst to trigger a breakout and escape the current stagnation. A critical support area to watch is around 3310 - 3312, where we see a clear battle between buyers and sellers, as reflected on the H4...
"Gold has the potential to rebound towards the 2338 area, but first, a correction to the 3212–3293 range is needed to create a strong momentum for further upward movement." Today's Scenario: XAUUSD Trading Strategy Around the Key Price Zones 🔻 Sell XAUUSD around 3338 Stop Loss: 3346 Take Profit 1: 3328 Take Profit 2: 3218 Take Profit 3: 3212 🔺 Buy XAUUSD around...
JPMorgan Forecasts Strong 60-90% Growth for Gold Mining Sector as Gold Prices Reach Record Highs Meta Description: JPMorgan predicts the global gold mining industry will grow by 60% to 90% thanks to record-breaking gold prices, increasing investment demand, and stable production costs. Where are the opportunities for investors? JPMorgan Forecasts 60-90%...
Gold prices fell on Monday as easing trade tensions between the United States and China provided investors with reassurance, while a stronger dollar weighed on the metal. Last week, the Trump administration signaled an openness to easing the trade war between the world's two largest economies that has raised fears of a recession. Trump said tariff talks with...
Gold prices rose on Friday and were on track for a third straight weekly gain, as investors closely watched further developments in trade talks between the United States and China. Gold hit $3,500 an ounce on Tuesday on concerns about the U.S. economy, but prices fell below $3,300 a day later after U.S. President Donald Trump backed off his threat to fire the...