Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after our previous update, Gold failed to deliver any significant move and spent the last session consolidating around the $4320 region. Currently, Gold is trading around $4323 and the market is clearly waiting for today’s FOMC meeting before committing to the…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after our previous update, Gold continued moving lower and dropped toward the $4307 region. Currently, Gold is trading around $4318 and short-term momentum has turned bearish again. In my view, if the next candle manages to close below the key $4300…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that the market experienced a major shift after reports regarding a potential agreement between Iran and the United States. Gold opened the week with a massive gap around $4300 and has already rallied toward the $4369 region. Although the broader bearish structure…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again respected the scenario discussed in our previous update. Before any deeper correction could develop, comments from Trump triggered a strong rebound and Gold rallied from around $4,080 all the way up to $4,246. More importantly, this rally successfully…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again followed the bearish scenario discussed in our previous update. Gold successfully reached the $4100 downside target and extended its decline even further, printing a fresh low around $4023 before rebounding modestly. Currently, Gold is trading around the $4081…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again followed the bearish scenario discussed in our previous update. Gold successfully reached both the $4200 and $4150 downside targets that we highlighted yesterday, bringing the total return from this week’s setups to more than 2200 pips. Currently, with…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again respected the bearish scenario discussed in our previous update. After recovering toward the $4364 region, sellers aggressively stepped back into the market and triggered another heavy sell-off. As a result, Gold collapsed sharply and reached a fresh low…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again followed the scenario discussed in our previous update. After reacting perfectly from the supply zone we highlighted, Gold entered another aggressive sell-off. As expected, sellers regained control from the upper supply area and price collapsed sharply, reaching a…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that this time the bullish continuation scenario did not materialize. However, price reacted beautifully from the exact supply zone that we had highlighted in the previous update. After reaching the $4515 supply area, sellers stepped in aggressively and completely rejected the bullish…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price initially continued lower after the previous update and printed a fresh low around $4425. However, once again buyers stepped in aggressively from the demand zone and triggered a strong recovery. At the same time, several major geopolitical headlines supported the…
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