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Gold Analysis and Trading Plan 20/03/2024 By PapaFinanceTalk ____________________________ Gold Economic Factors Investors are bracing for the Federal Reserve (Fed) announcement today. The Fed will unveil its decision and fresh economic projections, which are being approached with heightened caution by market participants. Recent data suggests that the US...

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Gold Analysis and Trading Plan: March 14, 2024 By PapaFinanceTalk _________________________________ Technical Analysis: - Gold Price Rebound: After yesterday's decline, gold price rebounded to the 61.8% Fibonacci retracement level at approximately 2177. - Fibonacci and Descending Triangle: This level coincides with the previous support zone of the Descending...

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Technical & Fundamental Analysis (Short Term) By PapaFinanceTalk 11/03/2024 Technical Analysis: - The current gold price in the short timeframe remains in a clear uptrend. - Gold is still above the 200-day moving average, supported by the Fed Chair's signal of interest rate cuts last week. - Reversal signals are still...

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Market Structure For Beginners 2024 By PapaFinanceTalk ________________________________ What is Market Structure? Market Structure is a fundamental concept in the SMC trading system. It refers to the arrangement of past price movements, which can provide insights into future price trends. _____________________________ Key Elements of Market Structure: Trend: -...

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Technical & Fundamental Analysis By PapaFinanceTalk 11/03/2024 . . Technical Analysis Bullish Trend: Observing the current gold price on the daily timeframe, we can identify a strong uptrend characterized by higher highs and higher lows. Gold recently reached an all-time high and surpassed a significant resistance level at the previous high near...

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5 Risk Management Strategies for Effective Forex Trading . . Forex trading presents lucrative opportunities for investors, but it also carries inherent risks. Without proper risk management strategies, traders can expose themselves to significant losses. Understanding and implementing effective risk management techniques are essential for long-term success in the...

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Gold Surges to Record High : Technical & Fundamental Analysis Summary By PapaFinanceTalk Key Takeaways: - Gold prices reach an all-time high on expectations of a June Fed rate cut. - Additional factors include geopolitical risks and China's economic woes. - Fed Chair Jerome Powell signals the possibility of a June rate cut. - Market anticipates a 70% chance of a...

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Gold Technical Analysis Summary By PapaFinanceTalk Key Points: - Fibonacci retracement: Price has potential to reach Zone 2185 based on Fibonacci retracement levels. - Flag Pattern: A bullish Flag Pattern has been formed on the chart, indicating a continuation of the upward trend. - Resistance Breakout: Price has broken through several key resistance levels,...