Every major market and sector has fully reversed to more extreme overbought conditions, which historically have been a precursor to short-term corrections to reverse such conditions. While many ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP The daily chart shows Bitcoin completing an extended Wave 3 at $108,364 on Dec. 17, an all-time high. Price action formed an ...
The gold price corrects lower from the $3,500 resistance level to stabilize the recent rally, as the US dollar index rebounds from strong support. Gold (XAU) and silver (XAG) prices dropped sharply as ...
Despite the recent rally, the correction continues. While wanting to “buy the dip” is tempting, there has been enough technical damage to warrant remaining cautious in the near term. As we have ...
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