Hello traders!
Exciting developments in the XAU/USD chart! We've witnessed a decisive breach of the downtrend corridor, which signals not only the end of the previous bearish trend but also hints at the inception of a new bullish phase.
Entry Zone:
Our preferred buy-in range is between 1945 and 1968. This zone is predicated on the recent breakout point and the...
Greetings traders!
We're currently observing a compelling setup in the XAU/USD pair. The price action is oscillating within a well-defined corridor. Recently, there's been a notable rebound off the corridor's lower boundary, indicating bullish momentum.
Entry Zone:
Our optimal buy-in range is situated between 1846 and 1854.
This zone is derived from recent...
As the markets experience shifts and trends, it's important for traders to be vigilant and seize opportunities for profit. In the context of XAU/USD (Gold vs. US Dollar), we're eyeing a potential short position that could yield returns during the current downward movement.
Analysis:
The recent trend in XAU/USD has been characterized by a gradual decline,...
Greetings, frenzy traders!
Today, we're setting our sights on EUR/USD, where a compelling short position opportunity is taking shape on the 1D chart timeframe.
Analysis:
Our analysis points to a persistent bearish bias in the EUR/USD pair.
The confluence of technical factors, including resistance levels and moving averages, suggests potential downside...
Position: Short
Entry Range: 1907.71 - 1906.00
Take Profit (TP): 1896.96
Stop Loss (SL): 1908.40
Analysis:
Given the recent price action and technical indicators on the 1-hour timeframe, a potential shorting opportunity for XAU/USD has been identified. The pair seems to be exhibiting signs of a minor pullback, providing a short trading...
