Gold prices dropped by $25 on Thursday, December 4, breaking below the consolidation zone. It's common for gold to test both the highs and lows of consolidation areas ahead of major data releases. I view this decline as a potential manipulation of the lows, anticipating a rebound toward the 2658 level to target the highs before a stronger sell-off resumes after...
Gold Trading Strategy Update: November 25, 2024 Several factors are currently putting selling pressure on gold: Geopolitical Developments: The ceasefire agreement between Israel and Lebanon has eased market uncertainty, reducing gold's appeal as a safe-haven asset. New Gold Reserves in China: Recently discovered reserves in China, valued at approximately USD 83...
GBPNZD Long on Daily TimeFrame Entry1 / 1.88765 Entry2 / 1.88385 TP1 / 1.96250 TP2 / 2.02165 SL 1.87885 RR1: 8.37 RR2: 14.99
ETH Short on 1H TimeFrame Entry 3481 TP1 3280 TP2 3220 SL 3535 RR: 3.76