but investors remain wary of potential pullbacks.#SharingTradingMistakesAndGrowth#BrokerEvaluation

but investors remain wary of potential pullbacks.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Technically, having broken through key resistance, gold prices are expected to reach $3,400/oz in the short term#SharingTradingMistakesAndGrowth

Technically, having broken through key resistance, gold prices are expected to reach $3,400/oz in the short term#SharingTradingMistakesAndGrowth

Treasury yields provided strong support for gold prices. Trump's tariff policy further fueled risk aversion#SharingTradingMistakesAndGrowth#BrokerEvaluation

Treasury yields provided strong support for gold prices. Trump's tariff policy further fueled risk aversion#SharingTradingMistakesAndGrowth#BrokerEvaluation

global demand for safe-haven assets. Weak non-farm payroll data fueled expectations of a Federal Reserve rate cut, #SharingTradingMistakesAndGrowth

global demand for safe-haven assets. Weak non-farm payroll data fueled expectations of a Federal Reserve rate cut, #SharingTradingMistakesAndGrowth

The gold market's strong performance last week fully reflects the combined effects of a slowing US economy#SharingTradingMistakesAndGrowth

The gold market's strong performance last week fully reflects the combined effects of a slowing US economy#SharingTradingMistakesAndGrowth

Investors should closely monitor key economic data in the coming weeks, particularly the August jobs report, as its results will directly impact the Federal Reserve's September meeting and, consequently, gold prices.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Investors should closely monitor key economic data in the coming weeks, particularly the August jobs report, as its results will directly impact the Federal Reserve's September meeting and, consequently, gold prices.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Despite strong bullish momentum, the market also carries some risk of a correction. Otunuga warned that a break below $3,330 could trigger further declines, targeting $3,300 and the 100-day moving average#SharingTradingMistakesAndGrowth#BrokerEvaluation

Despite strong bullish momentum, the market also carries some risk of a correction. Otunuga warned that a break below $3,330 could trigger further declines, targeting $3,300 and the 100-day moving average#SharingTradingMistakesAndGrowth#BrokerEvaluation

A weekly close above these levels would open the way for further gains to $3,400. #SharingTradingMistakesAndGrowth#BrokerEvaluation

A weekly close above these levels would open the way for further gains to $3,400. #SharingTradingMistakesAndGrowth#BrokerEvaluation

The current price is only about 2% away from $3,400, demonstrating a strong bullish stance.#SharingTradingMistakesAndGrowth#BrokerEvaluation

The current price is only about 2% away from $3,400, demonstrating a strong bullish stance.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Naeem Aslam, Chief Investment Officer at Zaye Capital Markets, also believes that given the radical shift in expectations for rate cuts, gold is likely to reach $3,400 per ounce in the near term.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Naeem Aslam, Chief Investment Officer at Zaye Capital Markets, also believes that given the radical shift in expectations for rate cuts, gold is likely to reach $3,400 per ounce in the near term.#SharingTradingMistakesAndGrowth#BrokerEvaluation

A trailing drawdown is an important risk management tool used in forex trading. It acts as a maximum loss limit, which adjusts upwards with the rise in the account balance. However, the limit never decreases, which ultimately leads to locking in profits. So, as your account balance rises to a new high, the allowable loss limit also increases, shielding you from losing beyond a certain percentage or the amount from your account’s peak value.

A trailing drawdown is an important risk management tool used in forex trading. It acts as a maximum loss limit, which adjusts upwards with the rise in the account balance. However, the limit never decreases, which ultimately leads to locking in profits. So, as your account balance rises to a new high, the allowable loss limit also increases, shielding you from losing beyond a certain percentage or the amount from your account’s peak value.

Creating successful forex trading strategies requires analyzing several technical charts, including trend indicators and oscillators. These two form a critical component of technical analysis. Trend Indicators - These indicators are a critical technical analysis tool that lets traders spot trends. Moving Averages and Ichimoku Cloud are some classic examples. Moving Averages help smooth price variations to showcase the trend. In contrast, Ichimoku Cloud allows traders an increased visibility into support and resistance levels and potential trend shifts. You can thus analyze these and apply them to your forex trading strategy. Oscillators - Demonstrating the currency pair’s existing buying condition, oscillators allow traders to accurately estimate potential price reversals. Relative Strength Index (RSI) and the Stochastic Oscillator are some popular ones that allow you to effectively compare the price movement of today with that of earlier times. Therefore, you receive plenty of insights into potential market shifts.

Creating successful forex trading strategies requires analyzing several technical charts, including trend indicators and oscillators. These two form a critical component of technical analysis. Trend Indicators - These indicators are a critical technical analysis tool that lets traders spot trends. Moving Averages and Ichimoku Cloud are some classic examples. Moving Averages help smooth price variations to showcase the trend. In contrast, Ichimoku Cloud allows traders an increased visibility into support and resistance levels and potential trend shifts. You can thus analyze these and apply them to your forex trading strategy. Oscillators - Demonstrating the currency pair’s existing buying condition, oscillators allow traders to accurately estimate potential price reversals. Relative Strength Index (RSI) and the Stochastic Oscillator are some popular ones that allow you to effectively compare the price movement of today with that of earlier times. Therefore, you receive plenty of insights into potential market shifts.

Following a minuscule hike yesterday, gold prices surged significantly across spot markets in India on August 5, 2025. Both 24K and 22K gold categories witnessed jumps today. The per-gram gold price of 24K surged to INR 10,222 from INR 10,140. Meanwhile, the 10-gram gold price grew to INR 1,02,220 from INR 1,01,400. The 22K gold price for one gram stands at INR 9,370, witnessing a growth of INR 75 from the previous day’s close of INR 9,295. At last, the price of 10-gram gold touched INR 93,700, rising by INR 750 from INR 92,950.

Following a minuscule hike yesterday, gold prices surged significantly across spot markets in India on August 5, 2025. Both 24K and 22K gold categories witnessed jumps today. The per-gram gold price of 24K surged to INR 10,222 from INR 10,140. Meanwhile, the 10-gram gold price grew to INR 1,02,220 from INR 1,01,400. The 22K gold price for one gram stands at INR 9,370, witnessing a growth of INR 75 from the previous day’s close of INR 9,295. At last, the price of 10-gram gold touched INR 93,700, rising by INR 750 from INR 92,950.

The rupee depreciated 16 paise against the USD to settle at a provisional 87.82 on August 5, 2025, following the deepening risk-off sentiment arising from the renewed threat of raising tariffs on Indian goods by the US over New Delhi’s constant purchases of Russian oil. According to forex traders, the rupee will likely slide further as uncertainty over the India-US trade deal continues to affect domestic market sentiments. The rupee, however, pared early losses on timely intervention by the RBI, or the Reserve Bank of India. A soft US dollar and overnight fall in crude oil prices also help contain the slide to an extent. The rupee, which opened at 87.95 against the USD today, hit an intra-day high of 87.75 against the USD.

The rupee depreciated 16 paise against the USD to settle at a provisional 87.82 on August 5, 2025, following the deepening risk-off sentiment arising from the renewed threat of raising tariffs on Indian goods by the US over New Delhi’s constant purchases of Russian oil. According to forex traders, the rupee will likely slide further as uncertainty over the India-US trade deal continues to affect domestic market sentiments. The rupee, however, pared early losses on timely intervention by the RBI, or the Reserve Bank of India. A soft US dollar and overnight fall in crude oil prices also help contain the slide to an extent. The rupee, which opened at 87.95 against the USD today, hit an intra-day high of 87.75 against the USD.

If the data continues to show labor market weakness, the likelihood of a rate cut will be further strengthened, providing further upward momentum for gold#SharingTradingMistakesAndGrowth#BrokerEvaluation

If the data continues to show labor market weakness, the likelihood of a rate cut will be further strengthened, providing further upward momentum for gold#SharingTradingMistakesAndGrowth#BrokerEvaluation

FXTM's Lukman Otunuga notes that gold has broken through the resistance levels of $3,330 and $3,350. A weekly close above these levels would open the door for further gains towards $3,400.#SharingTradingMistakesAndGrowth#BrokerEvaluation

FXTM's Lukman Otunuga notes that gold has broken through the resistance levels of $3,330 and $3,350. A weekly close above these levels would open the door for further gains towards $3,400.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Technically bullish, gold targets $3,400. Breaking through key resistance levels From a technical analysis perspective, gold's upward momentum is strengthening.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Technically bullish, gold targets $3,400. Breaking through key resistance levels From a technical analysis perspective, gold's upward momentum is strengthening.#SharingTradingMistakesAndGrowth#BrokerEvaluation

If the data continues to show labor market weakness, the likelihood of a rate cut will be further strengthened, providing further upward momentum for gold#SharingTradingMistakesAndGrowth

If the data continues to show labor market weakness, the likelihood of a rate cut will be further strengthened, providing further upward momentum for gold#SharingTradingMistakesAndGrowth

The market generally believes that August employment data (to be released on September 5th) will be a key indicator for the Federal Reserve's September 16-17 meeting.#SharingTradingMistakesAndGrowth#BrokerEvaluation

The market generally believes that August employment data (to be released on September 5th) will be a key indicator for the Federal Reserve's September 16-17 meeting.#SharingTradingMistakesAndGrowth#BrokerEvaluation

#CommunityAMA ### Unlicensed Advisors Community AMAs in forex trading can expose participants to unlicensed advisors who offer financial guidance without proper qualifications or regulatory approval, potentially providing harmful or misleading advice. These individuals may lack the expertise required to give sound trading recommendations, leading novices to make poor decisions that result in financial losses. The absence of licensing increases the risk of encountering fraudulent or incompetent advice, eroding trust in the AMA. Over time, reliance on unlicensed advisors can hinder skill development, expose traders to scams, and create legal or financial complications, as participants act on guidance that fails to meet regulatory standards .

#CommunityAMA ### Unlicensed Advisors Community AMAs in forex trading can expose participants to unlicensed advisors who offer financial guidance without proper qualifications or regulatory approval, potentially providing harmful or misleading advice. These individuals may lack the expertise required to give sound trading recommendations, leading novices to make poor decisions that result in financial losses. The absence of licensing increases the risk of encountering fraudulent or incompetent advice, eroding trust in the AMA. Over time, reliance on unlicensed advisors can hinder skill development, expose traders to scams, and create legal or financial complications, as participants act on guidance that fails to meet regulatory standards .