Gold Analysis: As we saw, the CPI statistics were released, and the actual figures were lower than the forecasted ones. This caused the gold price to start rising according to the first scenario, penetrating above $2393 to gather liquidity. Subsequently, it managed to fill its old FVG by rising to $2413. After that, gold faced selling…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we observe that the price is currently trading around $2382. In a few minutes, we will have CPI statistics, and if these figures exceed the predicted rate, it could lead to a decline in gold prices or vice versa! Possible scenarios include the price initially…
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Gold Analysis: By Analyzing the #Gold chart on the 4-hour time frame, we observe that, as expected, gold faced heavy selling pressure after an initial rise to the $2368 area yesterday. It corrected over 190 pips, dropping to $2349.5, hitting our first two targets. Subsequently, gold gathered liquidity below $2351, encountered buying pressure, and managed to…
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EUR/USD Analysis: By reanalyzing the EUR/USD chart on a 2-hour timeframe, we observe that after an attractive rise, this currency pair encountered selling pressure upon reaching the supply zone at 1.083 and is currently trading around 1.08120. If the price can stabilize below this level, we will likely see further declines to lower levels. This analysis…
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GBP/USD Analysis: By analyzing the GBP/USD chart, we observe that the price started to rise exactly as we expected from the specified area, achieving a gain of over 170 pips and reaching the supply zone of 1.28470! As you can see, after reaching this zone, the price experienced a correction and is currently trading around 1.27840.…
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Gold Analysis: By analyzing the #gold chart on the 4-hour timeframe, we see that the price initially rose to $2377, as expected, and then began to decline, also as anticipated. As mentioned, I expected an upward move first, followed by a decline. This happened exactly, with gold dropping sharply from $2379 to $2351, resulting in a…
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Gold Analysis: By analyzing the #gold chart on the 4-hour timeframe, we observe that based on the latest analysis from Friday, gold experienced an initial drop but then saw renewed demand, eventually rising to $2393 and closing above this liquidity pool. After that, we saw that with the market opening, gold experienced a significant drop, correcting…
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Gold Analysis: As expected, with the actual NFP figure exceeding the forecast, we saw an initial drop in gold prices. Gold fell from $2369 to $2349, hitting our first target with a 200-pip drop right after the news was released. However, given the mixed data, gold quickly recovered and even surged to $2376.Currently, gold is trading…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we observe that the price is trading around $2364 and is close to the supply zone of $2369 to $2387. Today, we have the NFP report being released, and if the actual figures exceed the forecasted numbers, we are likely to see the dollar index…
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EUR/USD Analysis: By analyzing the EUR/USD chart in the 2-hour time frame, we can see that the price managed to rise significantly yesterday, reaching above 1.080 and hitting all the targets we had set! The overall return on this analysis was 87 pips, and after reaching the supply zone at 1.08175, the price faced a correction…
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