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Trend Analysis

NZDCAD: Short-Term Trading SetupNZDCAD: Short-Term Trading Setup NZDCAD created a new price high indicating for a growth on the bullish momentum. We are looking at for a short term bullish movement given that the trend is bullish since Friday. The previous candles are all green and the breakuot should support further. Key Targets: 0.8243 0.8260 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
4
XAUUSD Explodes: Strong Uptrend and Breakout OpportunityCurrently, XAUUSD is moving within a clear rising channel on the 2-hour chart. The bullish momentum of gold remains very strong, and we can see that the price is continuously breaking higher highs, pushing the trend upwards. However, it is important to note that the market is awaiting important news such as CPI and PPI from the US tonight and tomorrow. These news releases could impact the USD, which in turn affects the price of gold. A CPI higher than expected could put pressure on gold, as the Fed may maintain a high interest rate policy, while weak PPI could help gold continue its upward trend. However, technical analysis shows that the current bullish trend of gold is still showing no signs of weakening. There is strong support at the 3,620 level , confirmed by EMA 34 and EMA 89, indicating that the bullish trend remains stable. The nearest resistance zone is between 3,675 and 3,700 , where the price has faced difficulties breaking through before. If the price breaks through this resistance level , we can expect a strong breakout towards higher levels.
OANDA:XAUUSDLong
by Rocky_trade_
10
GBPUSD: Pressing 1.355 – waiting for a clear breakoutHello everyone, On the H4 chart, GBPUSD maintains a bullish structure: higher lows and price holding above the Ichimoku cloud. Following the breakout on 9 September that left an FVG base at 1.343–1.348, the market is now compressing just below 1.355–1.358. This kind of consolidation often precedes an impulsive move. Should an H4 candle close firmly above 1.358, the 1.362–1.366 zone and even 1.370 become the next objectives. On the news side, the latest US August PPI print came in soft, easing yields and the DXY, thus reducing pressure on GBPUSD. Looking ahead, jobless claims data and Fed commentary will be in focus: if the tone stays tilted towards easing, it will be difficult for the USD to strengthen significantly at these highs. From the UK side, GDP, industrial production figures, and BoE signals will also act as catalysts; positive data or a less dovish stance could provide the springboard for GBP to break through 1.358. My bias is bullish, waiting for confirmation above 1.358 to extend the upward move. What about you – do you think GBPUSD will break the ceiling soon?
Long
by EmmaChartist
4
AUD/USD – Upward Channel Weakness | Possible Reversal SetupAUD/USD has been moving inside a clear upward channel on the 2H timeframe. Multiple Breaks of Structure (BOS) and Change of Character (CHoCH) patterns confirm short-term bullish momentum. Currently, price is testing the upper boundary of the channel, where rejection signs are visible. If the structure holds, we may see a short-term pullback toward the lower channel support and demand zones around 0.6560 – 0.6480. Structure: Upward channel in play BOS + CHoCH confirm shifts in momentum Watch for bearish rejection near resistance First support: 0.6560 | Second support: 0.6480 This analysis is for educational purposes only and not financial advice. Always manage your risk before entering any trade.
Short
by ProfitMagnet-Pro
4
Another bullish move goldThis is a Gold Spot vs U.S. Dollar (XAU/USD) chart on the 1-hour timeframe from OANDA. At the current moment, the gold price is trading around $3,657.19, showing a gain of +21.345 points (+0.59%). The chart highlights a bullish momentum, with the price consistently forming higher highs and higher lows since September 7th. Buyers are dominating, pushing the market upward after breaking through consolidation zones. Key support levels can be seen around: $3,655.97 $3,646.27 $3,628.16 $3,578.10 These levels serve as potential zones where buyers may step in again if the price pulls back. The projection on the chart shows a bullish continuation setup. After a short retracement, the market is expected to resume its upward movement, aiming toward the new high zone at $3,708. This suggests traders are anticipating further upside momentum if gold maintains its current bullish strength.
OANDA:XAUUSDShort
by Forex_ViP_Signalss
14
Risk-Reward Ratios Explained: How to Trade Less and Earn More​​If you’ve been trading for a while, you’ve probably had one of those weeks where you take 15 trades, stress over every tick, barely sleep – and somehow, your P&L ends up red anyway. Meanwhile, someone in your Discord chat casually posts their “one trade of the week” that banked more than your entire month. The difference? They understand risk-reward ratios (unless they’re social-media influencers and have a course to sell). The ones that get risk-reward ratios right aren’t trading more, they’re trading less, better. And that’s what we’re diving into today: how to use risk-reward to stop overtrading, focus on higher-quality setups, and finally give your capital the respect (and break) it deserves. 💡 What Risk-Reward Really Means At its core, the risk-reward ratio (RRR) tells you how much you’re willing to lose compared to how much you aim to gain. But don’t let the simplicity fool you – mastering this concept separates the true traders from the exit liquidity. Say you’re risking $100 to make $300. That’s a 1:3 risk-reward ratio – for every $1 on the line, you’re targeting $3 in return. The beauty is, you don’t need to be right most of the time to make money. At a 1:3 ratio, you can lose six trades out of ten and still come out ahead. That flips the game from “I need to be right” to “I just need to manage risk.” But, believe it or not, most traders do the opposite. They risk $300 to make $100, cut winners too early, and widen stops when trades go south. That’s not risk management; that’s donation season. 📐 Why This Isn’t Just About Math Risk-reward ratios look clean on paper, but in real life, psychology can ruin everything. Picture this: You plan a beautiful 1:3 setup. The trade starts working, you’re up 1R, and you panic. You close early “just to lock in profits.” If you’ve been around for a while, you’ve heard the saying “You never go broke taking profits.” True. But cutting winners early might mean missing out, hitting your goals slower or not hitting them at all. Pro tip: once you’re up 1R, consider putting a stop at breakeven and let your take profit stay where you set it initially. Because there’s a flip side, too. When trades go against you, emotions tell you to give it a little more room. You move your stop. Then you move it again. Suddenly, your carefully planned 1:3 trade becomes a 3:1 loser. This is where discipline comes in. A risk-reward plan only works if you have the discipline to stick to it . Otherwise, you’re trading vibes, not setups. 🎯 The Sweet Spot for Most Traders There’s no universal “best” ratio, but for most retail traders these setups work fine: Day traders often aim for around 1:1 to 1:2 Swing traders typically prefer 1:3 to 1:4 Position traders can stretch to 1:5 or higher Why? Higher timeframes give price more space to breathe. If you’re scalping, you can’t realistically aim for a 1:5 setup unless you enjoy watching charts like they’re Netflix and crying when spreads eat your edge. But here’s where traders mess up: Instead of finding setups that naturally offer good ratios, they force them. They shrink stops to chase a flashy 1:6 RRR and end up getting wicked out by noise. Quality setups beat aggressive plays more often than not. 🚀 Asymmetric Risk-Return: The Home Run Setup Let’s talk about asymmetric bets – trades where the upside massively outweighs the downside. Think 1:10, 1:15, or even 1:20 setups. These are rare, but they’re game-changers when they hit. Imagine risking $100 with a tight stop on a breakout setup. If price pops and you catch the move early, you could ride it for $1,500 or more. That’s a 15R trade – the kind that can pay for weeks, sometimes months, of smaller losses. Here’s a recent example in FX:GBPUSD . The pair hit a double top in mid-August and immediately reversed, piercing the $1.3590 (a prior peak) by just 5 pips. Say you spotted that double-top formation and shorted with a 10-pip stop. You’d survive the rise and then enjoy a 200-pip reward. That’s 20R in the bag, provided you exited right before the trend turned. But here’s the trade-off: You’ll get stopped out more often. You need patience to let the winners actually run. You have to accept discomfort – watching price retrace without panic-selling your position. The market sharpshooters who master asymmetric setups don’t chase them every day. They stalk clean breakouts, major trend reversals, or high-conviction catalysts – and when the trade lines up, they size big, set a tight stop, and let the probabilities do the heavy lifting. It’s less about being right every time and more about letting one big win offset multiple small losses. 🧩 Making Risk-Reward Work for You Understanding ratios isn’t enough. You need a process: Start with risk first Decide how much you’re okay losing per trade – most pros cap it at 1–2% of account size. Find logical stops, not emotional ones Set stops based on structure – below support, above resistance, or at levels where your idea is simply wrong. Set realistic targets Don’t dream of 1:10 on a choppy Tuesday unless there’s a major catalyst to back it up. Let math guide position sizing Smaller stops mean larger position sizes for the same risk, but stay consistent with your capital exposure. By planning before you enter, you flip the game from guessing to executing. That’s when risk-reward stops being theory and starts being strategy. 📈 Risk-Reward in Different Market Conditions Markets change character, and your RRR should adapt too. In strong trending markets , you can aim for bigger ratios since momentum carries trades further. In range-bound conditions , scaling back to 1:1.5 or 1:2 makes sense – breakouts fail more often. During news-heavy weeks , either widen stops or stay flat if you’re risk-averse. Chasing trades when Powell’s mic is on ? Risky business. The smart traders bend their risk-reward ratios based on volatility instead of forcing the same plan everywhere. 🏖️ Trade Less, Profit More Here’s the counterintuitive truth: the fewer trades you take, the more money you’ll likely make. In other words, less is more. Focusing on high-quality setups with favorable RRRs means: Less noise Less overtrading More time for actual analysis instead of gambling You don’t need to catch every move. Stick to your RRR strategy, take care of the losses, and let profits take care of themselves. 🎯 The TradingView Edge This is where tools make life easier: Use Supercharts to visualize risk-reward zones before you enter. Once inside a chart, navigate to the left-hand toolbar and spot the icon where it says Projection . Pick Long position for long risk-reward ratio, and Short position for short risk-reward ratio. Here’s a helpful tutorial in case you need some guidance. Set alerts at key levels so you’re not glued to your screen. Scan with screeners to find setups with volatility and structure that match your target ratios. heatmaps can help, too. And finally, check out the newest product we launched, Fundamental Graphs , allowing you to compare plenty of metrics across multiple companies (we’re talking earnings, cash flows, net income, revenue, all that good stuff). 👉 The Takeaway Risk-reward ratios aren’t a thing to consider – they’re a pillar of profitable trading. You don’t need to predict the market perfectly; you need to structure your trades so that your wins pay for your losses, and then some. For most traders, the shift is simple: Stop chasing every setup. Start filtering for trades where the upside dwarfs the downside. And when you get the rare asymmetric winner, ride it like your P&L depends on it – because it does. Off to you : What’s your RRR strategy? Are you a defensive player or you’re chasing the asymmetric trades? Share your approach in the comments!
Education
by TradingView
4
A Healthy Market Breathes. Gold Hasn’t Exhaled Yet.I remain bullish on Gold overall — that’s not in question. On 24 August, I even shared a complete cross-market outlook arguing that acceleration to the upside could be the next big move. And indeed, we got it. But here’s the paradox of markets: sometimes, the stronger the rally, the more fragile it becomes. ________________________________________ Why I Warned About a Steep Correction • Yesterday, I flagged the risk of a sharp pullback. My stop loss was triggered, yes, but my conviction hasn’t changed. If anything, the higher Gold pushes, the more probable and violent the correction could be. • The daily chart says it all: since the local bottom around 3300, Gold has moved almost vertically higher. • From 26 August onward, with the sole exception of the 4 September red candle, every single day closed green — and not just small gains, but +1% or more. This type of move is powerful, but also unsustainable. ________________________________________ Market Psychology at Work Markets move in cycles of fear and greed, tension and release. A one-sided move — especially a vertical one — compresses tension like a coiled spring. Traders get trapped: • Late buyers rush in from FOMO, convinced “it will never stop going up.” • Sellers get squeezed, forced to cover, adding fuel to the fire. • But eventually, when there’s no one left to buy at higher prices, even a small wave of selling can cascade into a steep correction. This is why not even Bitcoin, in its glory days, could sustain vertical rises for long. The pattern was always the same: euphoric rise → brutal drop . Gold is no different. ________________________________________ Where We Stand Now • At the time of writing, Gold trades at 3647, after touching 3660 and marking a new ATH. • Is this the local top? Hard to say with certainty. But in my book, until we see a strong correction, there is no valid buy trade here. ________________________________________ My Trading Plan Today, I will look to sell again. Not because I doubt the long-term bullish trend, but because the short-term imbalance is glaring. A healthy market breathes, and Gold hasn’t exhaled yet. 🚀 Long term: bullish. ⚠️ Short term: vulnerable. 🎯 Until a correction resets the board, my play is on the short side.
OANDA:XAUUSDShort
by Mihai_Iacob
14
Two EURCAD Positions Trade Recap 10.09.25Two positions covered in this recap. EUR / CAD -1% EUR / CAD Re-Entry BE Full explanation as to why I executed on these positions and how I maintained my mindset to allow me to get back into the second position after taking the loss. Something I have been working on the past month or so is maintaining the executional mindset after being taken out of a trade, and if it is still intact to actually get back in to the market. Any questions you have just drop them below 👇
by JordanWillson
5
DOGE is Set to Rise to 0.2400DOGE is Set to Rise to 0.2400 Over the past month, Doge has found a strong support area near 0.2075 Price tested this area several times and bounced back up after testing this area with strong bullish momentum. In fact, price has retested this area and we also have a small bullish pattern. It is possible that Doge could drop to 0.2130 - 0.2160 before moving back up. I am looking at two reasonable targets where price bounced back down. Key targets: 0.2300; 0.2400 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
17
Gold prices began to adjust down⭐️GOLDEN INFORMATION: Gold (XAU/USD) slips in Thursday’s Asian session, trimming part of Wednesday’s gains as stronger equities and a modest Dollar rebound weigh on the metal. Still, expectations of Fed rate cuts next week, along with trade frictions, geopolitical tensions, and political uncertainty in Europe and Japan, limit downside risks. Traders now await US inflation data for clearer cues on the Fed’s policy path. ⭐️Personal comments NOVA: Gold prices are showing signs of a slight correction, after buying power began to gradually decrease. The market needs to gain liquidity around lower support zones. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3674- 3676 SL 3681 TP1: $3666 TP2: $3650 TP3: $3640 🔥BUY GOLD zone: $3596-$3598 SL $3591 TP1: $3608 TP2: $3620 TP3: $3633 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
3
The 5+1 Fears Every Investor Faces And How To Overcome themThe 5+1 Fears Every Investor Faces And How To Overcome them Trading isn’t just about charts and numbers, it’s about handling emotions. I would love to read about your fears in trading and how you are overcoming them. I choose the 5 most common fears, some affected me a lot in the past and others not that much, but I know are all very common in the Traders community. #1 Fear of Losing Money The obvious one. Every loss used to feel like failure . I’d hold trades too long, hoping they’d turn around while loses kept accumulating in the trade. This is essential, is like understanding that the most important thing when you drive is avoiding a collision! If you have a big accident, you are out. The game is over. Trading is the same, a big accident means you are out. Your account is wiped and you can’t do anything to reverse tha t. To stay alive in the market , I learned to risk small (1–2% max), diversify across sectors, countries, tight stops, steady take profits and different trade directions. That way, even if I lose, I can move on without blowing up my account. This is an example: Today, If I do a Montecarlo simulation into my account the risk of losing a 25% is under 0,1%. You can learn how to do so in my profile newsletter. #2 Fear of Missing Out (FOMO) I used to chase breakouts just because everyone else was already in , usually at the worst possible price, on the worst possible day. Now, if I miss the move, I simply let it go. I remind myself there are countless stocks, currencies, metals, and cryptos out there waiting for me. Why waste money on expired opportunities? My rule is simple: it’s always better to miss a trade that’s already gone than to miss the next one that’s just around the corner. So I keep searching. #3 Fear of Being Wrong This is my favorite ! Once I understood that t rading is about balancing wins and losses in a healthy way, everything changed. Mistakes stopped feeling like failures and started to look like what they really are, necessary steps forward, even if you can’t see it in the moment. For me, it’s just like sports : no basketball team wins a game without the rival scoring points. No football team wins a championship without losing some matches. No tennis player wins every single point. So yes, you must make mistakes . They’re simply part of the process . The key is not to let them wipe out your account and trigger Fear #1. #4 Fear of Overtrading / Freezing This is an unknown fear for most traders. But must be a big one for you all. If you trade so often, you are probably entering at tons of unnecessary trades which are undermining your returns, but if you never decide to trade you are missing big opportunities. So having clear entry and exit reasons helped me a lot to hold a reasonable investment rithm. #5 Fear of the next big crisis The market is rallying … and that little voice kicks in: What if I’m the one who doesn’t see the crash coming? What if I get stuck in a bear market for years? Are we heading toward a crisis worse than 2009, or even 1929? Trust me, that fear is more common than you think . You are not alone!! In my case, trading short-term has given me the freedom to hold long-term positions without hesitation. In fact, I actually get excited when markets decline , it means I can move more money into long-term opportunities. Right now, most of my portfolio is in short-term trades, some of which I’ve already shared with you here. The results? They’re fully transparent and published on my website (coming soon). An example of short term trade even though knowing it was a super good long term entry. #6 The Bonus: Fear of Success Yes, this one is wild. I was two years knowing exactly how to make money in the market , but somehow, I couldn’t succeed. I kept sabotaging myself and my investments by doing stupid things outside my strategy. You need to believe in yourself, and stay cold as ice. Avoid news, avoid gurus. You vs the market! Follow your rules, and review them regularly. If a rule isn’t adding value, feel free to tweak or remove it, but never change nor break your rules in the middle of a trading day. Day after day, you’ll start to realize that yes, it is possible to earn money in the market. Gradually, your confidence grows, and eventually, it feels effortless, like riding a bike on a sunny day. Pure joy. Final Thoughts Fear doesn’t disappear, but you can manage it. Taking small risks, following clear rules, and accepting that you’ll never catch every market move may sound obvious, but they’re far from common among traders.
BITSTAMP:BTCUSD
by TopChartPatterns
6
SOL Short: follow me for more money losing tipsDisclaimer: I am an amateur at technical analysis and should be taught, not studied… unless you’re into studying train wrecks. This is not financial advice. Do your own research. Big question: How long will it be before SOL retraces to 209 or 206? I am certain I have made mistakes, but it will be up to you to point them out because I have no idea what I have done wrong. 9/6 @1pm: I noted what appeared to be a bounce off of major support at 200 and entered a Long position expecting to exit at 206. My trailing stop loss was too tight so I got stopped out around 202.50. Oddly enough, I might still be in that long if I hadn’t gotten stopped out. 9/8 @6am: on the back of good real world news and high volume, the price shot up to 215. My expectation was that this would retrace down to the 206 level so I shorted at 213. I was wrong. Price steadily rose. At 216, I added to my short as I observed a bearish divergence on the RSI. I was correct. However, it only retraced to 210 and I was expecting it to go to 206 so I did not exit. I could have exited with a 2% gain, but did not and I’m wondering if I should’ve. The price rebounded and continue to climb and at 219, I added to my short as it still appeared to show bearish divergence and looked like it would head down. I was correct. I was still targeting 206 as an exit so when the price rebounded to 212, I had not exited. Again, I could’ve exited here with a 2% gain but did not and I’m thinking I should’ve. The price appeared to go into consolidation until a couple of big volume buys jumped the price up again. At this point, I was prepared to continue to add to my short until this thing takes a breath, so I set limits to add to my short. At 222, my short increased and I watched as the price started downward only to rebound at 219. At 225, my short increased again, and I am now watching as it dips to 221 and hopefully further down as my break even is now 219. This thing could be on its way to an ATH, but everything I am seeing says that should not happen until BTC sets a new ATH and then ETH sets a new ATH. In other words, alt season has not started yet. Everything in me tells me that this thing will retrace to at least the 209 level and likely the 206 level before setting a new ATH. If I’m wrong, I’m about to get wrecked. If I’m right, and it takes too long, I still may get wrecked. I think it is important to note that all of the price jumps happen around high volume spikes. It also feels like I stay in my trades too long. Admittedly, I am still developing my approach. This is why I would love to hear your assessment of this situation and what you think SOL is about to do? Thanks in advance!
COINBASE:SOLUSDShort
by Joe_Burnes
3
If you like ICT & TJR you must love this.Hey guys, been like almost 3 years since I dove into this algo trading course, and just a month ago I finally got my ICT & Tjr MT5 EA all done. Anyone wanna try or chat about it, just DM me. It's def not a magic money maker lmao xD expect about 40% max drawdown if you're aiming for 200% returns. For passing funded accounts, it'd prob take a month or so sticking to that 5% daily DD. But you could speed it up with some manual tweaks though , like taking profits early or cutting losses early . I'm running it on a $50 deposit from last Friday, and it's up to $717 now. But yeah, I've been hopping in manually a bunch to tweak stuff. If you're down, I can hook you up with the EA for free you only got to run it on demo for a month, give me real feedback, and help collect some data. After fixes from that, might give it free in exchange for solid reviews and feedbacks to prepare it up for 2026 launch. Btw, not selling this thing rn and won't fill i got everything set up.
OANDA:XAUUSD
by Bvnno
5
US100 - New Highs are coming!Market Context The US100 is trading within a strong bullish structure after bouncing from a well-defined support zone. Price has been respecting key levels on the way up, forming fair value gaps (FVGs) that act as stepping stones for continuation. The overall picture points to a market that is building momentum for a potential liquidity grab higher. Support Zone & Initial Rally The chart shows a strong support zone at the lows, which provided the foundation for the current bullish impulse. Once price tapped into this area, buyers stepped in aggressively, leaving behind multiple bullish imbalances on the way up. This confirms that institutional interest is present at these levels. Fair Value Gaps & Structural Strength On the rally, price created overlapping FVGs, including a bullish fair value gap and an inversion fair value gap (IFVG). Importantly, candles never closed below the primary FVG — reinforcing its validity as strong demand. This means that even if price retraces, these areas will be closely watched for re-entries. Liquidity Grab & Next Move Above current price action lies a clear buy-side liquidity (BSL) level. The market is likely to target this zone, either directly from current levels or after a retest into the stacked FVGs. A liquidity sweep above the highs would be the natural continuation of the bullish structure, unlocking the potential for new short-term highs. Final Thoughts The US100 is showing a textbook bullish setup: strong support, healthy retracements, and unmitigated FVGs acting as demand. As long as the lower support holds, the expectation remains for a run into the BSL above. If this analysis brought value, drop a like — and let me know: are you waiting for the retest, or do you think the market runs the highs straight away?
FX:NAS100Long
by Louigi_24
37
THE KOG REPORT - UpdateEnd of day update from us here at KOG: With gold continuing it's mission to all time highs again we did manage to get a 200pip rejection from the red box only to the support, get a trade upside and the RIP the from near enough the final target given this morning for the move. Worked out pretty well in our opinion! Now, interesting move here on gold and many will think the retracement has started however, there are a few hurdles here to then confirm the move. First stage is the 3655 resistance which needs to hold us down, while the 3630 support level needs to break. Due to news tomorrow, we would expect this to start a range now between the two levels. For us, we'll stick with the plan in place as that level above 3668 gave us a nice RIP downside. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
XAUUSD Bears Hold the Line at 3650 zone – Next Stop 3570?In yesterday’s analysis, I mentioned that in my view, OANDA:XAUUSD ’s correction is not yet complete and that we could be inside an unfolding ABC-type structure. I also suggested that the 3650 zone should be the main focus for bears. Indeed, price rallied into that zone, consolidated in a small distribution phase, and then started to roll back down again. At the time of writing, gold is trading at 3632, after retesting the 3623 recent low, which now acts as short-term support. Looking forward, my idea remains unchanged: I expect another leg down, with 3570 as the next major target. For now, the 3650–3660 area acts as a strong ceiling, and if we look closely, one could even argue a potential double top is forming—if we discount the 3674 spike that marked the ATH. On the other hand, a stabilization above 3660 would invalidate this bearish scenario and open the door for a new ATH. 🚀
OANDA:XAUUSDShort
by Mihai_Iacob
9
Gold Faces 3700 USD Resistance – Reversal or Breakout?👋Hello everyone, what do you think about the trend of OANDA:XAUUSD ? Currently, gold is trading around 3645 USD in a price box, almost unchanged compared to the same session yesterday. Alternating rises and pullbacks indicate accumulation. Investors are now eagerly waiting for the upcoming CPI and Unemployment Claims data. If results come out weaker for the USD, gold may find an opportunity to challenge the key 3700 USD level. Let’s wait for the results and see how gold will move! Good luck!
OANDA:XAUUSD
by Kevinn_Nguyen
7