Gold Analysis: After reaching the targeted demand zone, the price showed a very short positive reaction and then continued its decline, dropping to $2393 for further liquidity gathering. However, it has since encountered demand pressure again and is currently trading around $2404. We need to see if the price will stabilize above $2400 again. To determine…
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Gold Analysis: As you can see, by examining the 30-minute #gold chart, we notice that since yesterday when we released this analysis, the price has successfully dropped by over 600 pips, correcting down to $2410. Currently, the price is trading around $2412, and it is likely that if the price enters the demand zone of $2401…
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Gold Analysis: By examining the #gold chart on the 30-minute timeframe, we see that, as expected, after the price entered the supply zone at $2468, it faced heavy selling pressure. Within less than 4 hours, it hit the target of $2451 and then continued to drop, correcting down to $2441. The return on this analysis has…
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Gold Analysis: By examining the gold chart on the 30-minute timeframe, we observe that after a CHOCH and a break in market structure (BMS) at the $2466 and $2462 levels, gold experienced a further decline, correcting down to $2451. Currently, the price is trading around $2465. Given the structure formed on the chart, we can anticipate…
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Gold Analysis: By analyzing the #Gold chart in the 6-hour timeframe, we observe that, as expected, gold moved higher to gather liquidity above the previous high of $2450. However, it did not stop there; the buying pressure remains high, and gold has recorded a new high, reaching $2482.4! Currently, gold is trading around $2473, and only…
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Gold Analysis: By analyzing the #Gold chart in the 6-hour timeframe, we observe that the price dropped to $2420 after last night’s analysis. However, it then saw increased demand and rose to $2443! Gold is now trading in the specified supply zone ($2439), and we need to see if it will be rejected from this zone…
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Gold Analysis: By analyzing the 6-hour chart of gold, we observe that, as expected, the price rose to $2439, entering its old supply zone (Bearish OB). It then experienced a strong reaction, dropping from $2439 to $2425, and is currently trading around $2427. We need to see whether the price decline will continue from this level…
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Gold Analysis: By analyzing the 6-hour chart of #gold, we observe that, as expected, gold experienced a decline and corrected to $2391 with a yield of 280 pips. Subsequently, the price saw a resurgence in demand and has risen to $2416 so far. The important supply levels are $2418.5 to $2424.6 and $2429 to $2433. The…
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Gold Analysis: By examining the #Gold chart on the 4-hour timeframe, we observe that after trading around $2419 last night, gold entered a significant supply zone between $2407 and $2450 (Daily Bearish Order Block). As expected, the price declined from this zone and dropped to $2398, resulting in approximately 200 pips of profit. Currently, gold is…
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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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