Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that after the Fed rate cut announcement, the price first dropped from $3,686 to $3,649, stopping out many buyers. Then, gold rallied sharply, gaining 570 pips up to $3,707 and printing a new ATH, which stopped out sellers. After that, the market…
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Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that yesterday the price resumed its rally as expected, reaching $3,703 and printing another new ATH. After that, it corrected down to $3,678, where strong demand stepped in, pushing the price back up to $3,695.5. Currently, gold is trading around $3,685. With…
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Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that the price moved exactly as expected over the past two sessions. After correcting down to $3,674, this key support level held strong and prevented further decline. From there, gold resumed its rally, reaching $3,699.44 and printing a new ATH. Currently, gold…
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Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that the price broke the key $3,657 level, just as expected, and today it even printed a new ATH at an impressive $3,685! As you know, this week is the interest rate decision week, and markets are preparing for a rate cut…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that after our last analysis, the price continued to rise and reached $3,657. Once it hit this key level, gold pulled back to around $3,638. Currently, it is trading near $3,652. Based on the main analysis, only if the price holds below…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that all three targets at $3,635, $3,625, and $3,616 were hit, giving us more than 300 pips in returns! Currently, gold is trading around $3,622, and in just a few minutes the CPI report will be released. If CPI comes in higher…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that the price has continued its rally since our last analysis, setting new highs one after another, with the latest peak at $3,675. Currently, gold is trading around $3,644, and we still don’t see any clear change in market structure to suggest…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that the price is still trading around $3,550. Based on the signals on the chart, two key levels stand out: $3,559 is the first. If the price closes and holds below $3,559, we could expect a heavy drop. But if the price…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that the bullish momentum continues with no sign of slowing down, as gold pushed higher today to reach a new ATH at $3565! We’re now seeing record highs almost every hour, and gold is currently trading around $3565, facing no immediate resistance.…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that today, gold finally managed to print a new All-Time High (ATH)! As anticipated, price broke above $3500 and rallied up to $3508, hitting our previous bullish target and sweeping the liquidity resting above the key $3500 level. After reaching $3508, gold…
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