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Good morning everyone, let’s quickly review the current situation and see what is happening in the market. Frankly, there is no substantial new information yet. Particularly regarding the Gulf issue and Trump’s announced move to transport ships through the Strait…
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Gold trends as of May 5, 2026 gold OANDA：XAUUSD astronaut pioneer Key trends: The price is still trading below the long-term bearish trendline, indicating that the medium-term trend remains bearish until a clear break above the trendline. The current rally…
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Determine the location of the 3rd wave drop to 4,350 pointsMarket Structure and Wave Count (1) Wave Completion: The initial downside shock movement ends in the “strong support” area (4,500 – 4,520), establishing a structural bottom and breaking the previous…
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XAUUSD/H1: After the price broke through the rising trend line and the key resistance level (457-458), the market currently maintains a downward trend, indicating that the selling pressure is still under control. The current rise is just a technical rebound…
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#Basic support logic for the upward trend 📈 1. Strong medium-term upward trend, ideal ascending channelSince the March low of $65,403, daily price lows have been rising, highs have been rising, and the slope of the ascending channel is steep.…