Gold Analysis: By analyzing the 2-hour timeframe for gold, we see that the price remains range-bound with no clear directional trend. Currently, gold is trading around the $2900 level, and if it fails to break above $2913 again, we can expect a downward correction. Potential targets for this correction are $2870, $2861, and $2853. Keep an…
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Gold Analysis: Upon analyzing the gold chart on the two-hour timeframe, we can see that despite multiple attempts to break above $2916, the price failed to close above this level during a six-hour struggle and instead corrected down to $2895. However, after reaching this support zone, demand pressure kicked in, pushing gold back up to $2922…
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Gold Analysis: By analyzing the gold chart on the 2-hour timeframe, we can see that yesterday, the price entered the $2928 – $2930 zone, where it faced strong selling pressure, leading to a sharp decline from $2929.87 to $2890. This strong and significant drop was halted upon reaching a key support zone, and currently, gold is…
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Gold Analysis: By analyzing the gold chart on the two-hour timeframe, we can see that the price started declining as expected yesterday, correcting from $2928 to $2900. Currently, gold is trading around $2916. A key liquidity pool exists in the $2928 – $2930 zone, and if the price moves up to this range, we may see…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the three-day timeframe, we can see that the price has started to rise following the sharp decline in the U.S. Dollar Index (DXY). Currently, it is attempting to fill the identified Fair Value Gap (FVG). The key supply zone is located between 1.08300 and 1.09380. Traders can look…
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Gold Analysis: By analyzing the gold chart on the two-hour timeframe, we can see that the price successfully started its upward movement yesterday as expected, reaching the $2877 target. However, it didn’t stop there and managed to extend its rally up to $2921. Currently, gold is trading around $2920, and there are two significant resistance levels…
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Gold Analysis: By analyzing the gold chart on the two-hour timeframe, we can see that the price, as initially expected, made a corrective move below $2833 to collect liquidity. After absorbing the liquidity from this significant liquidity pool, it faced strong buying pressure and managed to rise to $2877. Currently, gold is trading around $2872, and…
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Gold Analysis: Upon analyzing the gold chart on the one-hour timeframe, we can see that the price has once again started to decline as expected, forming another attractive correction from the $2920 level down to $2876. Upon reaching $2876, buying pressure increased, pushing the price up to $2894. Currently, gold is trading around $2886. If the…
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Gold Analysis: On the 1-hour timeframe, we can see that gold surged to the $2945 supply zone, where it faced strong selling pressure. The bearish momentum was so intense that it didn’t stop at the liquidity levels below $2921 and $2917, leading to a massive 500-pip drop to $2888. I hope you made the most of…
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USD/JPY Analysis : The USD/JPY daily chart confirms that the price followed our analysis precisely, dropping from the expected zone and completing a 500+ pip correction, hitting all three targets: 152.70, 151.70, and 151, before reaching 148.90. I anticipate a short upward move before another potential decline. The next probable target for USD/JPY is 148.65. Keep…
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