Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that the price is currently trading around the $2,620 level. I expect that after a short correction to fill the liquidity gap, the price will start to rise. I have drawn the potential schematic of this movement on the chart. The demand…
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Gold Analysis: By analyzing the #Gold chart on the 30-minute timeframe, we can see that the price started to drop earlier than expected (from the $2,653 level), and unfortunately, our sell position was not triggered. Gold experienced a strong decline, correcting over 480 pips down to $2,604! This sharp drop has created a large liquidity gap,…
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Gold Analysis: By analyzing the #Gold chart on the 30-minute timeframe, we can see that after entering the demand zone of $2,625 to $2,632, the price was met with buying pressure and has now risen to $2,651. There are several key supply levels ahead that we need to focus on. The first and one of the…
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Gold Analysis: By analyzing the #Gold chart on the 30-minute timeframe, we can see that the price opened the market with a negative gap (due to a decreased probability of an Israeli attack on Iran two hours before the market opened). Gold initially corrected down to $2,640 but then experienced an upward move, reaching $2,660 in…
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Gold Analysis: By analyzing the #Gold chart on the 30-minute timeframe, we can see that, as expected, after the NFP news release, which was higher than the forecasted rate, the price experienced a sharp decline, dropping over 290 pips down to $2,632. Following this drop, the price rebounded to gather more liquidity and rose to the…
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GBP/USD Analysis: By analyzing the GBP/USD chart on the 2-hour timeframe, we can see that the price has dropped more than 200 pips since last week up until now, finally reaching the demand level we had marked on the chart. After reaching the 1.30720 demand level, the price encountered strong demand pressure, rising over 60 pips…
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Gold Analysis: In the latest analysis of the gold chart on the 30-minute timeframe, we can see that, as expected, yesterday the price rose to $2654, and exactly after reaching this key level, it faced heavy selling pressure and corrected by 175 pips down to $2637. After hitting the target of $2638 and gathering the liquidity…
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Tesla Analysis : By analyzing Tesla’s weekly chart (logarithmic), we observe that after a correction down to $209, the price experienced renewed buying pressure and was able to climb back up to $265. Once the price reached this significant supply level again, it faced selling pressure and has, so far, corrected down to $240. I expect…
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Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that yesterday, as expected, gold started to decline and hit the targets at $2647, $2644, and $2641, giving us a return of about 120 pips! Currently, gold is trading around the $2646 level, and I still expect further declines. However, before this…
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GBP/USD Analysis: One of the most exciting analyses yesterday was this GBP/USD analysis! By reanalyzing this pair on the 2-hour timeframe, we can see that the price dropped over 180 pips, correcting down to 1.30920. This sharp decline created a large liquidity gap, and it’s likely that after the price reaches the 1.30720 demand zone, we’ll…
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