Gold News Gold prices remained steady at $2,332.30 per ounce as of 0934 GMT, with Western investors awaiting U.S. inflation data for clues on future rate cuts. Gold is down 5% from a record high of $2,449.89 per ounce reached on May 20. The current price movement is driven by sentiment in China, where highly…
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Gold Analysis: By re-analyzing the gold chart on the 4-hour time frame, we can see that, as expected, gold started to rise and hit the targets of $2329 and $2332. Now, gold is trading around $2331, and we need to wait for a price consolidation above $2333 to confirm further growth. The next targets for #Gold…
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Tesla Analysis : By analyzing the #Tesla stock chart, we can see that the price has once again reached the supply zone at $185 and has been unsuccessful in breaking through the resistance. For this reason, our previous analysis remains valid. We need to see when this decline will finally start! The supply zone is between…
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ShibaInu Analysis: By analyzing the #Shiba chart on the weekly (logarithmic) time frame, we can see that after a significant rally, this cryptocurrency has undergone a correction. We should soon expect the end of this correction and the start of the next upward wave. Keep an eye on these levels: 0.00001542, 0.00001385, and 0.00001248! Additionally, the…
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Bitcoin Analysis: By analyzing #Bitcoin on the weekly time frame, we can see that the price has started to decline again according to the second scenario and is now attempting to reach the demand zone of $52,800 to $56,700. Keep an eye on the price reaction to this level! We will likely see a strong move…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 4-hour time frame, we can see that after the last analysis, the price managed to drop to the desired level and then faced demand again. As you can see now, the price has reached the supply zone of 1.074 to 1.076, and I expect it to be…
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Gold Analysis: By analyzing the #Gold chart on the 4-hour time frame, we can see that the price has started a significant drop earlier than expected. It fell from the $2369 level to $2317. This drop has yielded over 500 pips so far! This decline in gold has created a large liquidity void (FVG), which I…
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Gold News Gold prices increased by 0.4% to $2,330.56 per ounce. U.S. gold futures rose 0.5% to $2,343.30. The rise followed a 1% drop due to a stronger dollar. Benchmark 10-year U.S. Treasury yields edged down, making gold more attractive. Investors await the upcoming inflation reading, which could influence the Federal Reserve’s interest rate decisions.…
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Gold Analysis: By examining the 4-hour chart of #gold, we can see that after a 70-pip correction down to $2332, the price experienced renewed buying pressure. According to the initial analysis (https://t.me/PriceAction_ICT/7449), it made a significant upward move, hitting the next target at $2348. However, this was not the end of the bullish trend for gold.…
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Gold News Set to post a second consecutive weekly gain. Spot gold rose 0.2% to $2,363.06 per ounce after hitting a two-week high. Gained more than 1% this week, adding to a 1.7% increase last week. U.S. gold futures rose 0.3% to $2,376.70 per ounce. Softer U.S. economic data (e.g., housing slowdown, tepid retail sales)…
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