Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected, the price once again dropped below $3331, even sweeping down to $3329 to collect more liquidity. Gold is now trading around $3337, and if it stabilizes below $3355, we can anticipate further downside movement. The next potential bearish targets…
Read more
Gold Analysis: Following our previous analysis, gold first rallied to $3375 before facing a sharp drop, reaching $3333 today delivering nearly 400 pips in returns. The $3333 level is currently acting as a psychological support, and we’ll be watching closely to see if it breaks. A confirmed break below could open the way for a drop…
Read more
Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that after correcting down to the $3331 demand zone, price faced strong buying pressure and is now trading around $3357. If gold manages to hold below $3367, we could expect a stronger drop, with downside targets at $3342, $3331, and $3323. This…
Read more
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that today the price started its decline from $3397 and corrected down to $3344. After sweeping the liquidity below the $3350 zone, gold faced strong buying pressure and is now trading around $3358. If gold manages to hold above $3355, we…
Read more
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after our analysis a few hours ago, the price climbed from $3391 to $3402, delivering about 110 pips in returns. Interestingly, gold then consolidated around $3400 for several hours before suddenly dropping sharply to $3377. Upon hitting this key level, strong…
Read more
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected from the previous analysis, the price began to rise and gained over 250 pips, reaching the $3409 supply zone. Upon hitting this key level, gold faced selling pressure and dropped more than 290 pips down to $3380. When it…
Read more
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected from yesterday’s analysis, gold found support above the key level and rallied from $3372 to $3398. Upon reaching this critical zone, it faced heavy selling pressure and dropped back down to $3371. Now trading around $3385, if gold holds…
Read more
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after our last analysis, gold continued its correction and dropped to $3358. It’s currently trading around $3367, and for the bullish scenario to remain valid, we need to see price hold above $3358 and soon close above $3370. If this happens,…
Read more
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after our previous analysis, gold began to rise and successfully hit all three targets — $3367, $3375, and $3385 — delivering over 230 pips in returns! After reaching $3390, it faced some selling pressure and is currently trading around $3380. Now,…
Read more
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after hitting the first target at $3361, gold continued its rally and reached our second supply level at $3385. Upon reaching this key level, the price faced strong selling pressure, dropping over 350 pips down to $3349. Gold is now trading…
Read more
