WTI price may find immediate support at the nine-day EMA at $70.72, aligned with the 14-day EMA at $70.62. If the 14-day RSI falls below the 50 level, it could signal the start of a bearish trend. WTI ...
Gold trades within a rising trend channel, testing key supports while resistance remains at 2,418; potential downside targets include 2,347 and 2,312. Gold traded inside day on Tuesday following a ...
A price channel, in Technical Analysis Trading, is a simple but powerful graphical pattern. It is created when a security’s price remains contained between two parallel trendlines: an upper line ...
In this article, we’ll explore one of the most well-known and widely used indicators in the trading world: the Price Channel. We’ll dive into how this technical analysis tool works and how it can be ...