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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that today the price faced a correction after reaching the key supply level at $2663 and is currently trading around $2654. Keep in mind that the shadow of war still looms over the market, so it’s best to minimize your trading risk.…
Read more
Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that yesterday, as expected, the price finally dropped to $2624. After reaching this key demand level, it experienced a bullish move and has risen over 250 pips to $2650 so far. The $2651 to $2656 range is a key supply zone, and…
Read more
Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that the price followed the expected scenario. After hitting the targets at $2669 and $2671, it continued to rise and reached $2674 to grab the liquidity above that level before starting to drop. It precisely hit the target I marked on the…
Read more
Gold Analysis: By analyzing the gold chart on the 15-minute timeframe, we can see that, as expected, gold continued its upward movement and hit the targets at $2669 and $2671! This analysis remains valid, and we should now anticipate further growth towards the $2681 to $2685 range. This analysis will be updated accordingly!(This Post on TradingView) Author : Arman ShabanTo see…
Read more
Gold Analysis: By analyzing the gold chart on the 15-minute timeframe, we can see that the price is currently trading around the $2665 level. I expect the price to continue its upward movement, maintaining the support at $2658 and targeting the liquidity above $2669 and $2671. We have two key supply zones: the first one is…
Read more
