Gold Analysis:By analyzing the #Gold chart on the 2H timeframe, we can see that since the previous update, price has experienced heavy and unstable volatility inside the $3960 – $3980 demand zone. Several factors are currently affecting Gold at the same time, including rising tensions around the Strait of Hormuz, renewed conflict in southern Iran…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, price first moved slightly higher toward the $4060 – $4080 supply zone. Once Gold entered this area, sellers stepped in aggressively and pushed price down toward $3973, delivering more than 1070 pips of movement. Currently, Gold is…
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Bitcoin Analysis: By analyzing the #Bitcoin chart on the weekly timeframe, we can see that BTC continued to follow the expected bullish scenario. Despite the heavy volatility throughout the week, buyers managed to push price as high as $65,500. Currently, Bitcoin is trading around $64,700 and is showing much stronger price retention compared to assets such…
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Brent Oil Analysis: By analyzing the #BrentOil chart on the weekly timeframe, we can see that price continued to follow the expected bullish scenario and successfully reached the projected targets, rallying as high as $87.5. Currently, Brent Oil is trading around $85. With tensions around the Strait of Hormuz increasing, the market is adding a larger…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price followed yesterday’s scenario almost perfectly. Gold first dropped sharply from around $4017 toward $3984, reaching the downside area we had been monitoring. After entering this demand zone, buyers stepped in as expected and pushed price back toward $4033. Later, the…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after last week’s analysis, price continued moving lower and has already reached the $4003 region. In my view, this bearish move is not finished yet. I still expect stronger downside pressure today or tomorrow, and Gold may soon break below the psychological $4000 level. Before that happens,…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous update, price started another bullish move and reached the $4138 region. After this rally, Gold entered a corrective phase and dropped toward $4073 following another statement from Trump. Currently, Gold is trading around $4105, and the market remains…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, the initial correction we expected did happen. However, price did not stop with a simple pullback. Fresh geopolitical tensions entered the market after renewed attacks between Iran and the United States, which pushed risk sentiment sharply higher.…
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Brent Oil Analysis: By analyzing the #BrentOil chart on the weekly timeframe, we can see that the scenario discussed in Monday’s analysis played out perfectly. We mentioned that Oil was sitting near a major demand zone and that the market was probably waiting for a fresh catalyst to start a stronger bullish move. And that is…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, Gold reacted exactly from the expected level and rallied toward the $4169 region, delivering more than 350 pips of movement. After that bullish move, price entered another correction and dropped toward the $4116 region. Once Gold reached…
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