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EURUSD is maintaining a strong bullish trend on the 4H chart
EURUSD Bullish Trend Continues | 4H Timeframe
EURUSD is maintaining a strong bullish trend on the 4H chart, supported by higher highs and higher lows.
Key Buy Zone:
Strong support holding around 1.17000, offering a favorable buying opportunity
Technical Targets:
Target 1: 1.17500
Target 2: 1.18000
Market Bias: Bullish
Timeframe: 4H
Bullish bias remains valid as long as price holds above the key support area. Always apply proper risk management and wait for confirmation.
Discipline and patience build consistency.
Gold just had one of its strongest years in decades.But 2026 wont be a repeat of 2025.Big banks are throwing out bold targets.Central banks are quietly positioning.And geopolitics is far from resolved.There are 3 possible paths for Gold in 2026.Most traders are only watching one.Thats usually the wrong one. The charts are already giving clues. If youre trading Gold in 2026 without this context, youre trading blind. Watch the video before the market forces you to:
Gold 2026 Forecast: $5,000 Breakout or reversal? - YouTube#goldforecast #gold2026 #commodities #technicalanalysis #goldmansachs #bankofamerica #fxstreet
Goldman sees Gold at $5,000, but a Broadening Wedge signals danger.
Will Gold breakout or crash to $4,000? Detailed 2026 forecast inside.
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How Overconfidence Destroys Profitable Traders
Understanding Overconfidence in Trading
Welcome everyone to another article.
One of the most dangerous stages a trader can walk into is not fear but overconfidence. (EGO)
Overconfidence in trading is essentially ego.
However, there is still an important difference:
- Confidence is a real belief built on proof, statistics, and discipline.
- Overconfidence is an inflated belief in your ability beyond the proof. This is driven by ego.
Many traders do not fail because they do not know enough.
They fail because at some point, they believe they know enough or know everything.
What Overconfidence appears as in Trading:
A trader builds a system. ( yay! )
They go on a clean winning streak maybe 10, 12, even 15 profitable trades in a row.
At this point, the trader begins to think and assume:
Ive cracked the code.
- Risk gets increased .
- Position sizes get bigger .
- Rules start to bend .
Confidence continues grow until it crosses a dangerous path where belief is no longer supported by data, statistics and proof.
Reality eventually steps in.
You will never again feel as confident as you did during your first major winning streak when it looked like the market finally made sense and success was figured out.
That feeling is exactly what traps traders.
Overconfidence WILL break Risk Management
Overconfidence destroys a trader by slowly dismantling their risk management, their system, their discipline, their psychology and their consistency.
It rarely happens all at once.
First:
- Ill just risk a little more this time.
- This setup looks perfect.
- Im on a winning streak.
Over time, the trader begins to:
Ignore position sizing rules ( Too ma
XAUUSD: Rejection at 4,350 Resistance Signals Further Downside
Hello everyone, here is my breakdown of the current XAUUSD setup.
Market Analysis
XAUUSD previously traded within a well-defined upward channel, confirming a strong bullish structure during that phase. Price then broke down from the channel, signaling a loss of bullish momentum and a shift in market control. After the breakdown, Gold attempted to recover but was capped by a clearly defined Resistance Zone around 4,350, which previously acted as a key level during the range phase.
Currently, price formed a lower high and transitioned into a downward channel, confirming bearish continuation. Multiple breakout attempts above descending resistance were rejected, reinforcing seller dominance. The market is now trading below the former resistance, with structure favoring further downside pressure. Below current price, a Support Zone near 4,280 is visible, acting as the next key area where buyers may attempt to slow the decline.
My Scenario & Strategy
My primary scenario: as long as XAUUSD remains below the 4,350 Resistance Zone and continues to respect the downward channel, the bearish bias remains valid. Any pullbacks into resistance that show rejection can be viewed as short opportunities, with downside continuation toward the 4,280 Support Zone as the primary target.
However, a clean break and acceptance above resistance would invalidate the short scenario and suggest a potential shift back toward consolidation or recovery. Until then, structure favors sellers, with momentum aligned to the downside.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Canadian Dollar softens slightly amid tepid start to new yearThe Canadian Dollar (CAD) hit a bit of a soft patch on Friday, kicking off the first trading day of 2026 on the back foot. The Loonie is one of the worst performers for the day, shedding weight against all but one of its major currency
XAUUSD Fake Breakout at 4,520 - Price Tests Buyer Zone at 4,260
Hello traders! Heres my technical outlook on XAUUSD (4H) based on the current chart structure. Gold is trading within a broader ascending channel, confirming a dominant bullish structure despite the recent sharp pullback. After a strong impulsive rally, price respected the channel support and continued forming higher highs and higher lows, highlighting sustained buyer control throughout the trend. Currently, XAUUSD is trading below the broken channel support and has entered the Buyer Zone around 4,260, which aligns with a key Support Level and a prior breakout area. This zone represents an important reaction area where buyers may attempt to regain control. The projected path suggests a possible corrective bounce from this level, but overall price action remains vulnerable as long as it stays below the former resistance and channel structure. My scenario: as long as XAUUSD remains below the 4,520 Seller Zone and fails to reclaim the broken channel support, the bias favors further downside or consolidation. A clean hold above the Buyer Zone could trigger a short-term rebound toward the mid-channel area, while a decisive breakdown below 4,260 would open the door for a deeper corrective move. Please share this idea with your friends and click Boost
Why the Bank of Japan might wait until the second half of 2026 to tighten againThe Bank of Japan aims to move its real rate closer to zero, but the timing and scale of future adjustments will depend on economic conditions. The market appearsdissatisfied with the lack of