Gold News Gold holds steady near $3,390/ozSpot gold is trading around $3,390.27/oz, with futures at $3,447.40, as markets await U.S. PCE inflation data. Fed cues and rate-cut bets underpin supportThe market remains optimistic, pricing in an 88% probability of a 25‑bps rate cut, and traders are watching Fed signals closely. Profit-taking tempers recent rallyAfter hitting…
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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 a renewed bullish move after stabilizing above $3367 and managed to rally impressively up to $3394! Afterward, gold faced a pullback and is currently trading around $3383.However, it seems that gold doesn’t intend to drop further…
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Gold News Gold dips slightly amid dollar strengthSpot gold eased by ~0.2% to $3,384.49/oz, as the U.S. dollar firmed. Still, fears over Trump’s threat to fire Fed Governor Lisa Cook capped the downside. Fed uncertainty supports floor under pricesThe political heat around the Fed’s independence is keeping safe-haven buying alive. Markets eye key resistance zonesAnalysts…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that the price initially followed our first scenario and, after stabilizing below $3379, we witnessed a strong drop to $3351, securing nearly 280 pips of profit. After hitting $3351, demand surged sharply, pushing the price up to $3386, successfully reaching our bullish…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 4-hour timeframe, we can see that the price is currently trading around 1.165 and has so far managed to hold above the 1.16 support zone. Based on the current trend and momentum, I expect a potential bullish move toward higher levels, with targets above 1.17. All the…
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Gold News Gold hits a 2‑week high Spot gold surged to $3,373 as the U.S. dollar weakened after President Trump fired Fed Governor Lisa Cook. • Safe-haven demand risingInvestors are piling into gold amid growing uncertainty over the Fed’s next moves. • Gold-backed cryptos join the rallyAssets like XAUT and PAXG gained ~0.23%, reflecting rising…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after Jerome Powell’s speech on Friday, where he hinted at the possibility of upcoming interest rate cuts, gold experienced a strong bullish rally and surged up to $3379! Currently, gold is trading around $3373, and if the price manages to stabilize…
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Cardano Analysis: By analyzing the #Cardano (ADA) chart on the 3-day timeframe, we can see that the price has surged exactly as expected, beautifully hitting all three targets at $0.85, $0.93, and $1! This move delivered an impressive 48% return. Following Jerome Powell’s remarks about the possibility of interest rate cuts in the coming months, Cardano…
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Gold Analysis: Based on the 4-hour gold chart, we can see that the price was strongly rejected from the $3348 zone, exactly as anticipated, and dropped to $3321—successfully hitting both targets at $3334 and $3324, delivering over 250 pips of profit! Currently, gold is trading around $3328, and I expect another bearish wave to follow soon.…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that the price, as expected from our previous analysis, continued to drop and corrected down to $3311 with over 200 pips of decline, hitting both $3323 and $3314 targets. Now gold is trading around $3342, and if the price can stabilize below…
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