See also
Gold prices bounced back after showing a bullish momentum on Monday. Market players could take this opportunity to open long positions and continue the upward trend.
Buy gold and work for a pullback towards the breakdown area. Set stop-loss at 1.214550, and take profit upon the breakdown of 2158 and 2163.
The trading idea follows the framework of the "Price Action" and "Stop Hunting" strategies.
Good luck in trading and don't forget to control the risks! Have a nice day.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Analysis of Friday's Trades 1H Chart of EUR/USD On Friday, the EUR/USD currency pair generally continued upward movement. And why would it stop? The trade war between the U.S
The GBP/USD currency pair continued trading higher on Friday, although the dollar avoided substantial losses this time. Even though one day without a complete dollar collapse may seem significant
On Friday, the EUR/USD currency pair continued its ultra-strong rally—something no one was surprised by anymore. U.S. and China reciprocal tariffs continue to rise, while all other news remains irrelevant
In my morning forecast, I highlighted the level of 1.2986 and planned to make market entry decisions from that point. Let's take a look at the 5-minute chart and break
Analysis of Thursday's Trades 1H Chart of EUR/USD On Thursday, the EUR/USD currency pair resumed its upward movement and posted a gain of more than 300 pips. As Friday began
The EUR/USD currency pair showed ultra-strong growth on Thursday—a move that, by now, probably surprised no one. Just as we reported that tariffs on China had been raised to 125%
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