Overview: In this 15-minute Gold (XAU/USD) chart, I’m observing two critical price levels, BAAB (2,685.339) and DAAD (2,683.435), which I believe act as "magnet prices" that could attract the price back upwards in the coming days. After a significant drop to a low near 2,530, we’re seeing early signs of a recovery, with buyers starting to step in and create a...
GBP/USD 30-Minute Chart Analysis with Friday's Economic Events This GBP/USD chart shows a long setup based on technical levels and key economic events for Friday, November 15. The price has been trading near a support zone around 1.2662, and with today’s economic reports, there’s potential for bullish movement. Key Targets and Levels: CPI High (Wednesday): I’m...
GBPCAD 4-Hour Chart Analysis This chart shows a potential long setup on the GBP/CAD pair. After a recent downtrend, price appears to have found support near 1.7780, forming a potential reversal zone. A bullish entry was placed, with a stop loss just below recent support at 1.7724 to manage risk. The target zone is around 1.7906, which aligns with a previous...