Gold News Gold Price Surge: Gold reached a new high of $2,440 an ounce due to expectations of a Federal Reserve rate cut and increased demand for safe assets amid geopolitical risks. Geopolitical Tensions: The death of Iranian President Ebrahim Raisi in a helicopter crash has led to political uncertainty in the Middle East. Concurrently,…
Read more
Gold Analysis: Upon reviewing the gold chart in the 4-hour timeframe, we observe that the price, following our analysis, managed to rise by 170 pips to $2387. Since the range of $2386 to $2397 is an important supply zone, the price reaction to it was negative, and currently, gold is trading around $2383. If the price…
Read more
Gold News Gold prices (XAUUSD) remained strong, trading near $2,385 after a slight decrease from the previous day’s high of $2,397 per ounce. The Dow Jones Industrial Average failed to maintain its position above 40,000 for the first time, with all three major US stock indexes closing lower. A shift in investor sentiment led to…
Read more
Gold Analysis: Upon re-examining gold in the 4-hour timeframe, we observe that the price, after an initial drop, has once again encountered demand pressure and is currently trading with an increase of over 100 pips in the range of $2382! The other assumptions of the previous analysis remain valid!(This Post on TradingView) Author : Arman ShabanTo see more analyzes of Gold…
Read more
Gold Analysis: As you can see, yesterday gold experienced a further decline and corrected to $2352. After that, it encountered demand pressure and managed to grow to $2397! As I mentioned in the previous analysis, the range of $2389 to $2399 was an important supply zone, and the price showed a negative reaction after reaching this…
Read more
Gold Analysis: By analyzing the gold chart in the 2-hour timeframe, we observe that after the price drop to $2332, there was a demand surge, allowing the price to rise to higher levels as expected. After the price entered the Bearish BB zone at $2372, we saw a price drop to $2368. Currently, the price is…
Read more
Gold News Gold prices remained steady as investors awaited U.S. inflation data for clues on future Federal Reserve interest rate cuts. Spot gold held at $2,359.99 per ounce, trading within a $6 range after a 1% gain on Tuesday; U.S. gold futures rose 0.2% to $2,365.50. U.S. consumer price index data, expected to show a…
Read more
Gold News Gold futures are stable at $2,344.2 per troy ounce. The U.S. dollar is currently preferred in the markets, affecting gold prices inversely. U.S. Producer Price Index (PPI) and Consumer Price Index (CPI) data releases are anticipated. Ricardo Evangelista, a senior analyst at ActivTrades, notes that higher inflation reduced the likelihood of interest rate…
Read more
NASDAQ Analysis: After examining the NASDAQ chart on a 4-hour timeframe, we observe that the price, after an initial correction from the 18250 area, has re-entered this zone and shown a negative reaction! As I mentioned in the previous analysis, the range from 18250 to 18340 is a very important supply area, and I expect the…
Read more
Gold Analysis: By checking the gold chart in the 2-hour time frame, we can see that the price, after entering the range of our desired supply according to the analysis, was accompanied by a fall and finally closed on Friday at the price of $2360, and today with the opening of the gold market. It was…
Read more
