GBP/USD Analysis: By analyzing the GBPUSD chart on the 4-hour timeframe, we can see that after a recent correction, the price has once again reached the significant supply zone we’ve marked on the chart. I expect to see a price correction from this area soon. Wait for a suitable trigger. (This analysis will be updated)(This Post on TradingView) Author : Arman…
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Gold Analysis: As observed, gold fluctuated within the supply zone of $2579 to $2589 yesterday and finally managed to close and stabilize below $2579. Afterward, gold experienced an 80-pip decline, correcting down to $2572, and is currently trading around $2574. If the price stabilizes below $2577, we can expect further declines in gold, with potential targets…
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Gold News Gold Prices: Gold steadied around $2,580 per ounce, hovering at record highs, supported by a weak US dollar. Federal Reserve Rate Cut Expectations: Investors are increasingly anticipating a 50-basis-point rate cut by the Fed this week, with a 67% probability, according to the CME’s FedWatch Tool. There’s a 33% chance of a 25-basis-point…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that today the price managed to reach a new All Time High, climbing up to $2589.750. Afterward, it faced a correction and is currently trading around the $2580 level. If the 4-hour gold candle closes below $2579, we can consider the $2579…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected, the price finally broke through the $2532 level and made a strong move up to $2573! Currently, gold is trading around $2567, and unless you see a powerful reversal movement on the chart, don’t expect a significant drop in…
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Gold News Gold Prices: Reached an all-time high at $2,570.03, rising due to a weakening U.S. dollar and expectations of a potential reduction in U.S. interest rates. Weekly Performance: Gold has gained about 3% this week; palladium is up 15% so far this week. U.S. Dollar: Fell to a one-week low, making gold cheaper for…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected, the price started to rise and filled the liquidity gap between the $2512 and $2520 levels. When the price reached the supply level at $2520, it faced selling pressure and corrected down to $2513! So far, this analysis has…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after finally filling the FVG in the $2507 to $2518 range yesterday, gold faced selling pressure and corrected down by 170 pips to $2501! After reaching $2501, the price found demand again and managed to rise to $2529 today. This is…
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Gold News Gold held steady around $2,520 per ounce as markets awaited the US inflation report. The recent US jobs report showed mixed results: fewer jobs were added, but the unemployment rate dropped slightly. US inflation is expected to slow to 2.6% in August, down from 2.9% in July, with the monthly rate steady at…
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GBP/USD Analysis: By analyzing the GBP/USD chart on the 4-hour timeframe, we can see that after our previous analysis, the price continued to decline and corrected down to 1.30580! The return on this analysis has been over 87 pips so far. The interesting point is that the price faced selling pressure exactly after entering the targeted…
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