Visual chart-reading guide Price action patterns help you describe how a market moves around earlier highs, lows and ranges. Their value starts with a clear observation: price is pausing, breaking out, pulling back or failing to continue. A pattern name alone does not tell you whether the next trade will win. This guide connects five … Read more
EUR USD Technical Analysis Up to now, the 10 EMA has been exceeded and the 50 EMA has been started as a result. EUR / USD is currently quoted directly at the 50 EMA and was out of the day before with a long white candletradewent. So far, upward corrections in the EUR / USD … Read more
Gold Future | Gold investors shouldn’t be disappointed A price of $ 1,800 an ounce of gold is an important mark and the price of gold is not far from it. A weak US dollar is currently supporting the price of the precious metal. The announced resignation of Bundesbank President Weidmann also seems to have … Read more
Trend of the daily chart : downward / sideways Brief classification A downward trend structure has established itself from the correction from the all-time high at $ 2,089.2. The interim rally that began in early April was rejected at the $ 1,900 resistance in a strong corrective move from the June high. The recovery attempts … Read more
GOLD PRICE PREDICTION FOR NEXT WEEK Review :GOLD PRICE PREDICTION FOR NEXT WEEK The gold and silver prices and thus also the gold and silver mining stocks have been in a difficult and tough correction phase since August 2020. The gold price has hit lows in the range of USD 1,677 three times . This price was last tested in the Flash Crash on … Read more