Gold Analysis: Upon analyzing the XAU/USD chart in the 2-hour timeframe, we observe that the price declined from $2370 to $2325! Subsequently, gold rebounded with demand and is currently trading in the range of $2340. It’s possible that after an upward movement, we might witness further decline in gold prices. Keep an eye on the price…
Read more
Gold Analysis: By examining gold in the 1-hour time frame, we can see that the price experienced a heavy drop after yesterday’s analysis, which was due to the fact that the Federal Reserve announced that the interest rate will remain high for a longer period of time! Currently, gold is trading in the range of $2367…
Read more
Gold Analysis: By examining the gold chart on the 15-minute timeframe, we observe that the price has once again started to rise as expected, filling the FVG range between $2425 and $2427.5. However, after reaching this zone, it faced selling pressure and declined to $2410.7. The performance of this analysis has yielded over 230 pips since…
Read more
Gold Analysis: By examining the gold chart on the 15-minute timeframe, we observe that as expected, it faced a significant decline upon entering the specified supply range and managed to drop by 220 pips to the level of $2418! Currently, the price is trading around $2419, and two next scenarios have been identified on the chart.…
Read more
Gold Analysis: Upon reviewing the gold chart on a 15-minute timeframe, we observe that the price is currently trading around $2423. It is likely that in the initial movement, we will see an increase to the range of $2428.5 to $2433. Following that, once the price enters the specified range, we may witness another drop in…
Read more
Gold Analysis: By checking the gold chart in the weekly time frame, we see that today’s price was able to reach a new ATH of $2450 by conquering the previous peak! As you know, there was a liquidity pool above the previous ATH , and for this reason, the price has faced a slight correction after…
Read more
Gold Analysis: Upon reviewing the gold chart in the 4-hour timeframe, we observe that the price, following our analysis, managed to rise by 170 pips to $2387. Since the range of $2386 to $2397 is an important supply zone, the price reaction to it was negative, and currently, gold is trading around $2383. If the price…
Read more
Gold Analysis: Upon re-examining gold in the 4-hour timeframe, we observe that the price, after an initial drop, has once again encountered demand pressure and is currently trading with an increase of over 100 pips in the range of $2382! The other assumptions of the previous analysis remain valid!(This Post on TradingView) Author : Arman ShabanTo see more analyzes of Gold…
Read more
Gold Analysis: As you can see, yesterday gold experienced a further decline and corrected to $2352. After that, it encountered demand pressure and managed to grow to $2397! As I mentioned in the previous analysis, the range of $2389 to $2399 was an important supply zone, and the price showed a negative reaction after reaching this…
Read more
Gold Analysis: By analyzing the gold chart in the 2-hour timeframe, we observe that after the price drop to $2332, there was a demand surge, allowing the price to rise to higher levels as expected. After the price entered the Bearish BB zone at $2372, we saw a price drop to $2368. Currently, the price is…
Read more
