Gold Slips Into Bearish Territory
Gold’s latest bearish engulfing candle signals the downtrend is far from over.
Gold’s latest bearish engulfing candle signals the downtrend is far from over.
Sellers still hold the upper hand, but a clean breakout will determine the next major move.
As we end this trading week, the market movements have set the stage for more opportunities.
Gold remains range-bound as intraday volatility reflects a clear struggle between bulls and bears.
Will bearish momentum take hold—or is another bounce ahead?
My name is Frano Grgic and I am the author of the Forex blog GetKnowTrading.
I am an engineer who ventured into the Forex (foreign exchange) market in search of new opportunities. Believing that Forex offers a valuable avenue for additional income, I immersed myself in learning everything I could about this complex market.
Initially, understanding Forex was a challenge due to the abundance of unfamiliar information. Through extensive research and persistent effort, I gradually gained a comprehensive understanding of the market. This journey inspired me to share my knowledge and insights with others, especially those new to Forex.
To help others navigate the Forex world more easily, I started the GetKnowTrading blog where I explain Forex concepts in a simplified manner. My aim is to make the market accessible and comprehensible to everyone, regardless of their prior experience.