Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after our analysis a few hours ago, the price climbed from $3391 to $3402, delivering about 110 pips in returns. Interestingly, gold then consolidated around $3400 for several hours before suddenly dropping sharply to $3377. Upon hitting this key level, strong…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected from the previous analysis, the price began to rise and gained over 250 pips, reaching the $3409 supply zone. Upon hitting this key level, gold faced selling pressure and dropped more than 290 pips down to $3380. When it…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected from yesterday’s analysis, gold found support above the key level and rallied from $3372 to $3398. Upon reaching this critical zone, it faced heavy selling pressure and dropped back down to $3371. Now trading around $3385, if gold holds…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after our last analysis, gold continued its correction and dropped to $3358. It’s currently trading around $3367, and for the bullish scenario to remain valid, we need to see price hold above $3358 and soon close above $3370. If this happens,…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after our previous analysis, gold began to rise and successfully hit all three targets — $3367, $3375, and $3385 — delivering over 230 pips in returns! After reaching $3390, it faced some selling pressure and is currently trading around $3380. Now,…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after hitting the first target at $3361, gold continued its rally and reached our second supply level at $3385. Upon reaching this key level, the price faced strong selling pressure, dropping over 350 pips down to $3349. Gold is now trading…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected from the previous analysis, gold resumed its upward move after a brief correction and reached the first key supply level at $3371. Upon touching this level, the price reacted with a pullback and is now trading around $3367, delivering…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that earlier today, after dropping to $3281, gold managed to climb back above $3300. Following the revised U.S. NFP data, a strong bullish rally pushed the price up to $3355, where it met a key bearish breaker block and began a slight…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, just as expected in last night’s analysis, the price held below $3333 and dropped sharply, hitting the bearish targets at $3320, $3315, and $3310, even extending the move down to $3307. Gold is now trading around $3311, and the key to…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after rising to $3334, the price faced renewed selling pressure and dropped to as low as $3318. It is currently trading around $3325, and if it fails to break and hold above the key $3333–$3345 resistance zone, we could expect…
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