| The NZDUSD made a low but only by 3 pips yesterday. The subsequent bounce, has taken the price to the 100 bar MA on the 4-hour chart. Seller leaned there too. So buyers/sellers are battling. |
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Gold Technical Analysis – A better risk mood lifts gold
2024-08-09
#gold #xauusd #technicalanalysis
In this video you will learn about the latest fundamental developments for Gold. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:44 Technical Analysis with Optimal Entries.
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NZDUSD moves higher and moves closet to resistance targets. Could see some profit taking.
2024-08-07
The 200 bar MA on the 4-hour, 100-day MA and 61.8% retracement loom above near 0.6317 and 0.6037
AUDUSD buyers had their shot above the 200 hour MA. They missed. Will sellers lean now?
2024-08-06
The RBA kept rates unchanged but with a hawkish bias. Risk-off sentiment and technical resistance is fighting that view.
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