Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we observed that the price started to rise after yesterday’s analysis. It reacted to nearly all the supply zones we identified but ultimately continued its upward trend as expected, reaching $2335.030! After that, gold faced a slight correction due to entering the supply zone of…
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Gold Analysis: By analyzing the gold chart on the 4-hour time frame, we see that, based on yesterday’s analysis, the price started to rise and hit the targets of $2323 and nearly $2328. After that, it began to correct and filled the Fair Value Gap (FVG) in the $2309 to $2315 range. It then rose again…
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Gold Analysis: In our latest analysis of the gold chart on the 4-hour time frame, we observed an intriguing price movement. After climbing from $2336, gold faced a correction, dropping to $2315. However, it quickly rebounded with renewed demand, reaching around $2320, and is currently trading at $2319. Gold is now sitting in a crucial range.…
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Gold Analysis: By analyzing the #gold chart on the 2-hour timeframe, we observe that after the PPI news was announced yesterday, gold initially experienced a price surge. It climbed to $2327 before encountering selling pressure, leading to a correction of over 320 pips down to $2295. As previously mentioned, the $2295 to $2303 range was a…
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Gold Analysis: By examining the gold chart in the 2-hour timeframe, we observe that after rising to $2342, the price declined and is currently trading around $2307. There is a possibility that if the PPI data comes in higher than the forecasted rate, it could lead to a further drop in gold prices.(This Post on TradingView) Author : Arman ShabanTo see…
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Gold Analysis: By analyzing the #gold chart in the 2-hour time frame, we can see that the price has finally dropped below the $2,300 level and reached the demand zone at $2,288. As you can see, the initial reaction to this level has been positive. Only if the price stabilizes above the $2,277 to $2,288 range…
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Gold Analysis: Taking a closer look at the #Gold chart on the 2-hour time frame, we see that the price has been following our previous analysis perfectly. It started its upward journey from $2296 and, with a solid gain of over 240 pips, reached $2320! Right now, gold is trading around $2313. Today, all eyes are…
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Gold Analysis: By analyzing the #gold chart in the 2-hour time frame, we can see that the price has finally dropped below the $2,300 level and reached the demand zone at $2,288. As you can see, the initial reaction to this level has been positive. Only if the price stabilizes above the $2,277 to $2,288 range…
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Gold Analysis: By analyzing the #Gold chart on the 2-hour timeframe, we can see that the price finally filled its old FVG and entered the $2386 supply zone, followed by a sharp decline. The price corrected over 500 pips down to $2332! Note that this significant drop in gold created a large FVG. If today’s actual…
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Gold Analysis: By checking the #gold chart in the 2-hour time frame, we can see that today’s price reached the supply range of $2375 and after that it was accompanied by a drop, currently gold is trading in the range of $2358 And if the support zone of $2354 to $2357 is lost, we may see…
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