Gold prices (XAU/USD) recovered recent losses after falling to a weekly low of $1,913 in early Asian trade on Friday. At the time of writing, XAU/USD was up 0.08% on the day at $1,921.62. During a press conference Wednesday, Federal Reserve Chairman Jerome Powell reiterated the Fed's commitment to achieving 2% inflation. Powel added that the Fed is ready to raise...
trade can be taken once it crosses both trend lines & closes above / below it lets c which way it takes disclaimer - for study purpose only.
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EXHAUSTION GAP IN NIFTY. NIFTY 14/04/21 gap will opens higher and closes lower, leaving a large red-colored candle, depicting a tremendous amount of selling. Notice how the price action shown in this chart is trending higher prior to the exhaustion gap, and the gap and following price drop appear to break the most recent trend. Whatever was driving these buyers...