Combined with the K-line entity closing below the middle track for a series of times, the short-term rebound is more likely to be a retracement of 3370-3379 rather than a sudden reversal of the structure. If 3346.97 is effectively broken through and closed below it, technically it will open up space for retesting around 3344.52; on the contrary, if it can effectively recover 3370.00 and stand firm on the middle track, it will be considered a phased correction of the downward rhythm.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Combined with the K-line entity closing below the middle track for a series of times, the short-term rebound is more likely to be a retracement of 3370-3379 rather than a sudden reversal of the structure. If 3346.97 is effectively broken through and closed below it, technically it will open up space for retesting around 3344.52; on the contrary, if it can effectively recover 3370.00 and stand firm on the middle track, it will be considered a phased correction of the downward rhythm.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Monday's sentiment framework can be summarized as: "risk aversion cooling + interest rate support". On the one hand, the "tail risk premium compression" brought about by diplomatic issues has pushed funds to risky assets, and the safe-haven elasticity of gold has been passively weakened; on the other hand, the high probability of an interest rate cut in September has not changed, and the "upper anchor" of the interest rate terminal is still there, suppressing the speed of gold's deep decline. The momentum indicators are resonantly bearish. The DIFF -9.43/DEA -7.15 of MACD are both below the zero axis and the opening is widening. The bar value of -4.56 indicates that the downward momentum is still being released, and there has not yet been a credible "bottom divergence" prototype; RSI (14) is near 33.48, in the weak range of 30-40, close to the "oversold edge" but not to the extreme.

Monday's sentiment framework can be summarized as: "risk aversion cooling + interest rate support". On the one hand, the "tail risk premium compression" brought about by diplomatic issues has pushed funds to risky assets, and the safe-haven elasticity of gold has been passively weakened; on the other hand, the high probability of an interest rate cut in September has not changed, and the "upper anchor" of the interest rate terminal is still there, suppressing the speed of gold's deep decline. The momentum indicators are resonantly bearish. The DIFF -9.43/DEA -7.15 of MACD are both below the zero axis and the opening is widening. The bar value of -4.56 indicates that the downward momentum is still being released, and there has not yet been a credible "bottom divergence" prototype; RSI (14) is near 33.48, in the weak range of 30-40, close to the "oversold edge" but not to the extreme.

From a cross-asset perspective, gold has maintained a negative correlation with the DXY recently, while its correlation with the US Treasury term spread has strengthened during event windows. #PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

From a cross-asset perspective, gold has maintained a negative correlation with the DXY recently, while its correlation with the US Treasury term spread has strengthened during event windows. #PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Key intraday levels are clear: the structural level below the previous high at 3385.22 and the horizontal pivot at 3370.00 form the first upper resistance band. A pullback to the middle band would create a negative gap between 3378.97 and the lower edge of the upper band, creating a negative bullish environment. Support lies below the lower Bollinger band at 3346.97 and the recent low at 3344.52. The earlier step low at 3358.15 was broken, indicating upward short-term supply pressure.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Key intraday levels are clear: the structural level below the previous high at 3385.22 and the horizontal pivot at 3370.00 form the first upper resistance band. A pullback to the middle band would create a negative gap between 3378.97 and the lower edge of the upper band, creating a negative bullish environment. Support lies below the lower Bollinger band at 3346.97 and the recent low at 3344.52. The earlier step low at 3358.15 was broken, indicating upward short-term supply pressure.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

After forming a double high at 3405.05/3408.71, the price has been declining steadily. The middle Bollinger band at 3378.97 was effectively broken below, turning into resistance. The latest candlestick chart is trading close to the lower Bollinger band at 3346.97, with the band significantly wider than previously, indicating a trending downtrend rather than simple sideways fluctuations.#SharingTradingMistakesAndGrowth

After forming a double high at 3405.05/3408.71, the price has been declining steadily. The middle Bollinger band at 3378.97 was effectively broken below, turning into resistance. The latest candlestick chart is trading close to the lower Bollinger band at 3346.97, with the band significantly wider than previously, indicating a trending downtrend rather than simple sideways fluctuations.#SharingTradingMistakesAndGrowth

Moving averages are an important technical indicator of forex trading. They help smooth out the currency pair’s price movement over time. It helps you spot general price trends. For the unversed, these averages are created by averaging out the closing price of the currency pair over a specified number of sessions. As a trader, you can create a moving average of five days, 20 days, or the period you wish. Types of Moving Averages There are many types of moving averages with different average calculation methodologies. However, the most popular ones are simple moving averages and exponential moving averages.

Moving averages are an important technical indicator of forex trading. They help smooth out the currency pair’s price movement over time. It helps you spot general price trends. For the unversed, these averages are created by averaging out the closing price of the currency pair over a specified number of sessions. As a trader, you can create a moving average of five days, 20 days, or the period you wish. Types of Moving Averages There are many types of moving averages with different average calculation methodologies. However, the most popular ones are simple moving averages and exponential moving averages.

In terms of risk appetite, strengthening global equities are also reducing gold's appeal. Last Friday, the Nikkei 225 closed up 1.85%, with futures approaching all-time highs. European markets opened higher on Monday before fluctuating and shedding some ground.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

In terms of risk appetite, strengthening global equities are also reducing gold's appeal. Last Friday, the Nikkei 225 closed up 1.85%, with futures approaching all-time highs. European markets opened higher on Monday before fluctuating and shedding some ground.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Descending interest rates and a lower discount factor are supporting the medium-term valuation of gold, an interest-free asset.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Descending interest rates and a lower discount factor are supporting the medium-term valuation of gold, an interest-free asset.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Interest rates are providing a buffer for gold prices. CME FedWatch shows that the market is pricing in a solid 88% probability of a 25 basis point rate cut in September. Concerns about cooling growth and a weakening labor market have hindered the dollar and U.S. Treasury yields from strengthening. The DXY hovered near a two-week low, remaining above 98.00. On the U.S. Treasury market, the 10-year yield approached 4.262% on Monday, while the 30-year yield fell to 4.825%, halting its previous upward trend.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Interest rates are providing a buffer for gold prices. CME FedWatch shows that the market is pricing in a solid 88% probability of a 25 basis point rate cut in September. Concerns about cooling growth and a weakening labor market have hindered the dollar and U.S. Treasury yields from strengthening. The DXY hovered near a two-week low, remaining above 98.00. On the U.S. Treasury market, the 10-year yield approached 4.262% on Monday, while the 30-year yield fell to 4.825%, halting its previous upward trend.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

With growing expectations for diplomatic action to ease tensions between Russia and Ukraine, stabilizing and strengthening equity markets, and fading safe-haven demand, gold has entered a new week of retreat. The latest hourly chart price is 3,354, a stark contrast to the previous highs of 3,405.05 and 3,408.71, suggesting a short-term trend of "downward break, weak rebound, and further bottoming."#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

With growing expectations for diplomatic action to ease tensions between Russia and Ukraine, stabilizing and strengthening equity markets, and fading safe-haven demand, gold has entered a new week of retreat. The latest hourly chart price is 3,354, a stark contrast to the previous highs of 3,405.05 and 3,408.71, suggesting a short-term trend of "downward break, weak rebound, and further bottoming."#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Spot gold is trading around $3,355, falling approximately 1.30% intraday. After several unsuccessful attempts to break through the psychological barrier of $3,400 last week, bullish momentum has significantly weakened.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Spot gold is trading around $3,355, falling approximately 1.30% intraday. After several unsuccessful attempts to break through the psychological barrier of $3,400 last week, bullish momentum has significantly weakened.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Forex trading has many interesting concepts, including slippage. This phenomenon results when a trader’s order is executed at a price different from the requested price. This tends to happen when markets remain highly volatile or when a sell order can’t fetch the desired price within the timeframe. Understandably, slippage is seen as negative in forex trading as your order goes through at a price lower than desired. It is known as negative slippage. However, this can also spell good things for you when your forex traders are going to be filled by a bank or liquidity provider. Because they usually fill at the best available price. This is known as positive slippage.

Forex trading has many interesting concepts, including slippage. This phenomenon results when a trader’s order is executed at a price different from the requested price. This tends to happen when markets remain highly volatile or when a sell order can’t fetch the desired price within the timeframe. Understandably, slippage is seen as negative in forex trading as your order goes through at a price lower than desired. It is known as negative slippage. However, this can also spell good things for you when your forex traders are going to be filled by a bank or liquidity provider. Because they usually fill at the best available price. This is known as positive slippage.

The rupee moved in a narrow range to finish at 3 paise above at 87.72 against the USD on August 12, 2025. Negative domestic equity market cues weighed in on the slide. Forex traders have been vocal about negative domestic markets and foreign fund outflows not allowing the rupee to move freely and limiting its overall gains against the greenback. The overall negative bias owing to uncertainties over the raging tariff issue between India and the US is preventing the rupee from moving at the pace. The rupee began at 87.70 at the interbank foreign exchange and moved within 87.59-87.72 during the day before settling at 87.72 (provisional), recording a mere 3 paise hike from yesterday’s close. Investors are keeping an eye on the US CPI inflation data and the breakthroughs from the talks between the US and Russia on August 15, 2025.

The rupee moved in a narrow range to finish at 3 paise above at 87.72 against the USD on August 12, 2025. Negative domestic equity market cues weighed in on the slide. Forex traders have been vocal about negative domestic markets and foreign fund outflows not allowing the rupee to move freely and limiting its overall gains against the greenback. The overall negative bias owing to uncertainties over the raging tariff issue between India and the US is preventing the rupee from moving at the pace. The rupee began at 87.70 at the interbank foreign exchange and moved within 87.59-87.72 during the day before settling at 87.72 (provisional), recording a mere 3 paise hike from yesterday’s close. Investors are keeping an eye on the US CPI inflation data and the breakthroughs from the talks between the US and Russia on August 15, 2025.

The Australian dollar was trading at $0.6515, down 0.2% in trading ahead of Tuesday's interest rate decision, with the Reserve Bank of Australia widely expected to cut rates by 25 basis points to 3.60% after weaker-than-expected inflation in the second quarter and a 3-1/2-year high in unemployment.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

The Australian dollar was trading at $0.6515, down 0.2% in trading ahead of Tuesday's interest rate decision, with the Reserve Bank of Australia widely expected to cut rates by 25 basis points to 3.60% after weaker-than-expected inflation in the second quarter and a 3-1/2-year high in unemployment.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Cooling inflation could bolster bets for a rate cut next month, but signs that U.S. President Trump's tariffs are fueling price increases could keep the Fed on hold for now.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Cooling inflation could bolster bets for a rate cut next month, but signs that U.S. President Trump's tariffs are fueling price increases could keep the Fed on hold for now.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Given the deteriorating labor market, the Fed still has room to cut rates if the core CPI rises 0.3% month-over-month. Economists polled by Reuters expect the core CPI to rise 0.3% in July, pushing the annual inflation rate to 3%.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

Given the deteriorating labor market, the Fed still has room to cut rates if the core CPI rises 0.3% month-over-month. Economists polled by Reuters expect the core CPI to rise 0.3% in July, pushing the annual inflation rate to 3%.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

hile the projected rate cut by year-end is 58 basis points, implying two quarter-point cuts each and about a one-third chance of a third.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

hile the projected rate cut by year-end is 58 basis points, implying two quarter-point cuts each and about a one-third chance of a third.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

The dollar weakened last week as weak U.S. jobs and manufacturing data prompted investors to adjust their expectations for a Federal Reserve rate cut. Fed officials are growing increasingly uneasy about the labor market, suggesting they are open to a rate cut as soon as September.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

The dollar weakened last week as weak U.S. jobs and manufacturing data prompted investors to adjust their expectations for a Federal Reserve rate cut. Fed officials are growing increasingly uneasy about the labor market, suggesting they are open to a rate cut as soon as September.#PathToAgentGrowthBreakthrough#SharingTradingMistakesAndGrowth

For two successive days, gold prices slipped with a higher decline on August 12, 2025. Both 24 Karat and 22 Karat prices fell across different gold weights in India’s spot markets today. The 24K gold price for one gram finishes at INR 10,140, falling by INR 88 from yesterday’s close of INR 10,228. As a result, there has been a massive decline of INR 880 for the 10-gram gold price, which now stands at INR 1,01,400. The one gram 22K gold trades at INR 9,295, slipping by INR 80 from INR 9,375. This led to the 10-gram gold price reducing by INR 800 to INR 92,950.

For two successive days, gold prices slipped with a higher decline on August 12, 2025. Both 24 Karat and 22 Karat prices fell across different gold weights in India’s spot markets today. The 24K gold price for one gram finishes at INR 10,140, falling by INR 88 from yesterday’s close of INR 10,228. As a result, there has been a massive decline of INR 880 for the 10-gram gold price, which now stands at INR 1,01,400. The one gram 22K gold trades at INR 9,295, slipping by INR 80 from INR 9,375. This led to the 10-gram gold price reducing by INR 800 to INR 92,950.

The euro fell 0.3% to $1.16123, while the pound fell 0.2% to $1.34335. Michael Brown, market analyst at London-based online broker Pepperstone, said: "The dollar strengthened slightly against all major currencies, although overall moves were muted. A very mildly hawkish repricing of Fed policy expectations appears to be driving the dollar's strength. This move is likely due to market participants adjusting some of their positions ahead of the risks posed by the Consumer Price Index (CPI) release."#SharingTradingMistakesAndGrowth#BrokerEvaluation

The euro fell 0.3% to $1.16123, while the pound fell 0.2% to $1.34335. Michael Brown, market analyst at London-based online broker Pepperstone, said: "The dollar strengthened slightly against all major currencies, although overall moves were muted. A very mildly hawkish repricing of Fed policy expectations appears to be driving the dollar's strength. This move is likely due to market participants adjusting some of their positions ahead of the risks posed by the Consumer Price Index (CPI) release."#SharingTradingMistakesAndGrowth#BrokerEvaluation