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 .

#CommunityAMA ### Regulatory Violations Community AMAs in forex trading can risk regulatory violations, as hosts or participants may provide financial advice without proper licensing or fail to comply with financial regulations in certain jurisdictions, exposing traders to legal and financial consequences. Unregulated advice, such as specific trading recommendations or promises of returns, may breach laws like those enforced by the SEC or FCA, misleading participants. This can lead to penalties for organizers, loss of trust in the community, and potential legal repercussions for traders acting on non-compliant advice. Over time, such violations can damage the AMA’s credibility and deter participation from cautious traders .

#CommunityAMA ### Regulatory Violations Community AMAs in forex trading can risk regulatory violations, as hosts or participants may provide financial advice without proper licensing or fail to comply with financial regulations in certain jurisdictions, exposing traders to legal and financial consequences. Unregulated advice, such as specific trading recommendations or promises of returns, may breach laws like those enforced by the SEC or FCA, misleading participants. This can lead to penalties for organizers, loss of trust in the community, and potential legal repercussions for traders acting on non-compliant advice. Over time, such violations can damage the AMA’s credibility and deter participation from cautious traders .

he two-year Treasury yield fell 24.1 basis points to 3.710%, a five-week low; the 10-year Treasury yield fell to 4.223%, its largest single-day drop since early April.#SharingTradingMistakesAndGrowth#BrokerEvaluation

he two-year Treasury yield fell 24.1 basis points to 3.710%, a five-week low; the 10-year Treasury yield fell to 4.223%, its largest single-day drop since early April.#SharingTradingMistakesAndGrowth#BrokerEvaluation

#CommunityAMA ### Lack of Disclosures Community AMAs in forex trading can suffer from a lack of disclosures, where hosts or participants fail to reveal conflicts of interest, such as paid promotions or affiliations with brokers, leading to biased or misleading advice. This lack of transparency can deceive traders into trusting recommendations that prioritize profit over their interests, potentially resulting in financial losses or engagement with unreliable services. Over time, undisclosed conflicts erode trust in the AMA, undermine its credibility, and discourage participation, as traders become wary of hidden agendas. This can hinder learning and expose novices to manipulative practices that exploit their lack of experience .

#CommunityAMA ### Lack of Disclosures Community AMAs in forex trading can suffer from a lack of disclosures, where hosts or participants fail to reveal conflicts of interest, such as paid promotions or affiliations with brokers, leading to biased or misleading advice. This lack of transparency can deceive traders into trusting recommendations that prioritize profit over their interests, potentially resulting in financial losses or engagement with unreliable services. Over time, undisclosed conflicts erode trust in the AMA, undermine its credibility, and discourage participation, as traders become wary of hidden agendas. This can hinder learning and expose novices to manipulative practices that exploit their lack of experience .

#CommunityAMA ### Misleading Advertising Community AMAs in forex trading can facilitate misleading advertising, where hosts or participants promote brokers, tools, or services with exaggerated claims or hidden affiliations, deceiving traders into making poor financial decisions. These promotions, often presented as impartial advice, may prioritize profit over transparency, leading novices to engage with unreliable or high-risk products. Such practices can result in financial losses, eroded trust in the community, and disillusionment with AMAs. Over time, misleading advertising undermines the credibility of these sessions, discourages genuine learning, and increases the risk of traders falling for manipulative marketing tactics that exploit their enthusiasm or inexperience .

#CommunityAMA ### Misleading Advertising Community AMAs in forex trading can facilitate misleading advertising, where hosts or participants promote brokers, tools, or services with exaggerated claims or hidden affiliations, deceiving traders into making poor financial decisions. These promotions, often presented as impartial advice, may prioritize profit over transparency, leading novices to engage with unreliable or high-risk products. Such practices can result in financial losses, eroded trust in the community, and disillusionment with AMAs. Over time, misleading advertising undermines the credibility of these sessions, discourages genuine learning, and increases the risk of traders falling for manipulative marketing tactics that exploit their enthusiasm or inexperience .

#CommunityAMA ### Intellectual Property Theft Community AMAs in forex trading can lead to intellectual property theft, where unique trading strategies, tools, or content shared by participants are used or repackaged without permission, depriving creators of credit or profit. Traders may disclose proprietary methods in open discussions, only to have them appropriated by others for personal gain or sold as their own. This theft can discourage sharing valuable insights, stifle innovation, and erode trust within the community. Over time, the fear of intellectual property theft may reduce participation, limit the quality of discussions, and harm traders who lose control over their original ideas or strategies

#CommunityAMA ### Intellectual Property Theft Community AMAs in forex trading can lead to intellectual property theft, where unique trading strategies, tools, or content shared by participants are used or repackaged without permission, depriving creators of credit or profit. Traders may disclose proprietary methods in open discussions, only to have them appropriated by others for personal gain or sold as their own. This theft can discourage sharing valuable insights, stifle innovation, and erode trust within the community. Over time, the fear of intellectual property theft may reduce participation, limit the quality of discussions, and harm traders who lose control over their original ideas or strategies

#CommunityAMA ### Defamation Risks Community AMAs in forex trading can lead to defamation risks, where participants make false or damaging statements about other traders, brokers, or strategies, potentially triggering legal disputes or reputational harm. Unverified claims or accusations made during heated discussions may spread misinformation, unfairly tarnishing reputations within the community. Such actions can create a toxic environment, discourage open participation, and expose individuals to legal liabilities if defamatory remarks are challenged. Over time, these risks can undermine trust in the AMA, reduce its credibility, and deter traders from engaging, fearing public criticism or legal consequences from unfiltered or irresponsible commentary

#CommunityAMA ### Defamation Risks Community AMAs in forex trading can lead to defamation risks, where participants make false or damaging statements about other traders, brokers, or strategies, potentially triggering legal disputes or reputational harm. Unverified claims or accusations made during heated discussions may spread misinformation, unfairly tarnishing reputations within the community. Such actions can create a toxic environment, discourage open participation, and expose individuals to legal liabilities if defamatory remarks are challenged. Over time, these risks can undermine trust in the AMA, reduce its credibility, and deter traders from engaging, fearing public criticism or legal consequences from unfiltered or irresponsible commentary