People believe trading is where an easy money is made. A year ago, I believe the same and I ended up losing all my money. Look at my P/L -$862, a large sum of money as tuition fees to hard knocks university.

Xauusd/Gold, as known by many traders , is one of the most loving assets to trade when it comes to forex space but one of the most risky assets to trade base on its volatility. Among all strategies mostly

Market Overview Explosive Breakout in Safe Haven Mode Gold (XAU/USD CFDs) has shattered another record today, surging to highs around $4,915–$4,917 per ounce. From early lows near $4,800, the price climbed

GBPUSD Forecast GBPUSD broke down last week, sending the pair toward its sell-side imbalances at 1.3509 and 1.3452. The pound tagged the first single print on Friday, but the second remains open for business.

Took the gold short on the failed breakout. Mentioned this idea a couple of times this morning Orders marked on chart. Looking for the bottom of the channel or the $3,250 low, whichever comes first.

My personal price action analysis for XAU,US100 and USOIL for the week.

Here are the key Support and Resistance area, from 4-hour time frame down to the 5-minute time frame. This post serves as my trading journal and not a financial advice. Strongest Resistance: The $3,440

The monthly candle currently shows a pullback after creating an all time high of 3,500.120 indicating a detailed clear of buy volumes in the monthly time-frame and leaving buyers who do not have stop losses

Take a look at the weekly time-frame first Then a look at the daily candle and observe that the daily candle has created a reversal while the weekly candle had a full pullback and was continuously rising

Wow! Just got back to look at the gold chart and was quite surprised that it crashed approximately 21k points. That was quite the harsh condition for most traders to encounter and it doesn't quite happen

Let's analyze yesterday's incident about why the crash occurred. One of the reasons the crash occurred was due to FOMO players in the market as we know it. Since a while back, traders have been waiting

There's nothing much to see in the daily time-frame today as all it did was trying to create a reversal but wasn't able to do so as it was broken from the current candle crossing it's newly created resistance

Let's start by analyzing the monthly timeframe as today's the first day of the month and the start of the monthly candle. The previous monthly candle closed with a strong bullish price action as we can

After creating a bottom wick below, the candle kept rising from the low of 3,076,98 to a high of 3,027.91 before a candle pullback and it is now consolidating without any signs of breaking out further

Detailed Daily Gold Charts Analysis Describing Detailed Price Action and It's Reasoning Between Each Price Movements.

Looking at the daily candle, we can see that it has created a wick on both sides and the price is in the middle right now, and still consolidating. The price consists of support at 3,000.83 and grid resistance

The week candle is trying to create a top wick right now, touching the 3,000.00 resistance once more, now it totally depends on whether the price can push past the previous ATH to create a new high. If

Here we see that in the daily timeframe that the bitcoin has created a incomplete but a successful reversal to the upside now, but the problem in there is still chance that Bitcoin may crash further due

Let's start by analyzing the week candle and predict its next move from its current price action. It currently indicates a buying price action since it manages to successfully break resistance by closing

**Coming back to the daily timeframe like we said yesterday that if the candle close above resistance means that the reversal is complete. This also means that price is still able to push further, though