Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we observe that the price continued its sharp decline following yesterday’s analysis, dropping over 250 pips to reach $2587. After hitting this level, renewed demand pushed the price higher, and gold is currently trading around $2603. It’s possible that we may see another correction from this…
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Gold Analysis: Analyzing the #Gold chart in the 4-hour timeframe, we observe that following the interest rate cut and Jerome Powell’s speech, gold experienced a massive drop, falling to $2,584 — a correction of more than 670 pips in a single day! This sharp decline created a large liquidity gap, which has since been partially filled…
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Gold Analysis: Analyzing the #Gold chart in the 4-hour timeframe, we can see that after collecting liquidity below $2635, the price faced renewed demand and successfully climbed above $2641. As a result, gold managed to rise to $2651, delivering a 100-pip return. Today, we have the US interest rate decision, which could bring significant volatility to…
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Gold Analysis: Analyzing the #Gold chart in the 4-hour timeframe, the price is still in the demand zone of $2635 to $2648 and hasn’t managed to break above $2666 yet. There’s a chance we’ll see further declines in gold. The key level for the next move is $2641. If the price stabilizes below $2641, more downside…
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Gold Analysis: Analyzing the Gold chart in the 4-hour timeframe, we can observe that after a correction down to $2643, the price has resumed its upward movement and has so far climbed to $2660. It remains to be seen whether the key support zone between $2635 and $2648 will prevent further downside corrections. If the price…
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Gold Analysis: Analyzing the #Gold chart in the 4-hour timeframe, we observe that the price failed to maintain its bullish momentum yesterday. With news favoring the dollar index, gold experienced further declines, reaching $2664 so far. Now, we can expect an upward correction, likely followed by another drop before gold resumes its rally towards levels above…
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Bitcoin Analysis: Analyzing the #Bitcoin chart in the 4-hour timeframe, we observe that the price is currently trading around $100K. If the price stabilizes below $100,380, we could expect further declines, with $97,800 as the first key level, followed by the potential start of the next bullish wave for Bitcoin. The second scenario involves a price…
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Ethereum Analysis: Analyzing the Ethereum chart in the weekly timeframe (logarithmic), we observe that the price has managed to gain bullish momentum once again, currently trading above $3,900. If the price stabilizes above $3,800, we can anticipate further growth for Ethereum in the coming weeks, with mid-term targets at $4,600, $5,700, and $7,400.(This Post on TradingView) Author : Arman ShabanTo see…
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Cardano Analysis: Analyzing the #Cardano chart in the daily timeframe (logarithmic): We can see that after our last analysis, this fascinating cryptocurrency finally initiated a strong upward movement after a long time. With an incredible 300% 🤯 growth, Cardano soared from $0.32 to $1.32! ✅ It’s been one of the most exciting investments of this year!…
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TonCoin Analysis: Analyzing the #Toncoin chart in the daily timeframe, we observe that after a 30% decline from $7.2 to $5, which created a significant liquidity gap, the price faced buying pressure and has now recovered above $6.4. I expect this liquidity gap to be filled soon, leading to further bullish momentum for this exciting cryptocurrency.…
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