Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that after yesterday’s analysis, the price successfully rallied from \$3231 to \$3268. Once it reached that zone, selling pressure kicked in, and gold has since corrected down to \$3239. If gold stabilizes below \$3257, we may expect further downside. The potential bearish…
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Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that, once again, as expected, the price first filled the liquidity gap between $3288 and $3303, and then dropped sharply, correcting all the way down to $3202 — nearly a 1000-pip drop in one day! Currently, gold is trading around $3227. If…
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Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that yesterday, as expected, the price successfully hit the targets of $3307, $3318, and $3326, and even extended up to $3353.This move delivered a total gain of nearly 600 pips. After reaching the $3350 zone, gold faced selling pressure and dropped to…
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Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that yesterday, as expected, the price successfully hit the targets of $3307, $3318, and $3326, and even extended up to $3353.This move delivered a total gain of nearly 600 pips. After reaching the $3350 zone, gold faced selling pressure and dropped to…
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Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that, as expected from the previous analysis, the price began to drop and after hitting the $3285 target, it continued correcting down to $3265, giving us a solid 270-pip move. After stabilizing in that zone, demand increased again, and gold is currently…
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Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that yesterday, right after posting the analysis, the price quickly hit the first target at $3307, then experienced a bounce and rallied to the $3369 supply zone. From there, gold faced more downward pressure and eventually reached the targets at $3303, $3297,…
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Gold Analysis: By analyzing the gold chart on the 15-minute timeframe, we can see that, as expected, the price successfully hit the $3284 target and even corrected further down to $3259. Currently, gold is trading around $3311, and I expect more downside movement soon. The next potential bearish targets are $3307, $3303, $3297, and $3285, respectively.(This Post on TradingView)…
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Gold Analysis: By examining the gold chart on the 15-minute timeframe, we can see that, as expected, the price began to drop and successfully hit our first bearish target at $3411. However, the price was only satisfied with the liquidity below that level and continued its decline. So far, gold has corrected over 2000 pips, reaching…
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Gold Analysis: Upon reviewing the 15-minute gold chart, we can see that the price once again reached a new high today, rallying up to the key psychological level of $3500. Following this move, gold has experienced a pullback down to $3423 so far. If the price stabilizes below $3442, we will likely see a further correction…
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USD/JPY Analysis : Upon reviewing the USD/JPY chart on the daily timeframe, we observe that due to the sharp drop in the Dollar Index, the price has reached the 140.850 level. This decline was very strong and impulsive; however, as seen on the chart, the price has now approached a significant demand zone between 139.6 and…
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