Knowledge and strategy OANDA:XAUUSD
👉On Tuesday, Gold price broke the range trade between the key 100-Daily Moving Average (DMA) at $1,952 and the mildly bullish 50 DMA at $1,932 to the downside after piercing through the latter on a daily closing basis.
👉The next relevant support aligns at the $1,916 level, which is the confluence of the 21 and 200 DMA....
Analysis and signals OANDA:XAUUSD
👉 This week, international gold prices increased continuously from $1,912.5 to $1,952 and closed at $1,939.
👉The reason why gold prices rose sharply this week was because the US labor market continued to show less positive signals. Specifically, although NFP EMPLOYMENT data in August reached 187,000 jobs, higher than the...
OANDA:GBPJPY The GBP/JPY pair found strength around 180.80 and recovered strongly during the Asian session. The crossover attracts significant bids as the Bank of England (BoE)-Bank of Japan (BoJ) policy divergence is set to widen further.
According to Fibo and EMA showing great sell signal at the moment, let's wait for the profit I can bring you
Price made a huge drop yesterday, and now looks like it’s holding off the 1860 support level, could we see price complete this descending triangle pattern or will we see a continued break and a new trend? Watch out for price action confirmations of both at either the support level or resistive trend line
BUY XAUUSD @ 1876