Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that the price continues to rise due to escalating tensions between Russia and Ukraine, as well as Hezbollah and Israel. The price has been extending its rally since yesterday and is currently trading around $2665. In my opinion, after such a significant…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we see that the price managed to climb to $2642 before experiencing a correction, and it is currently trading around $2624. If the price remains below the supply zone of $2632 to $2642, we could expect further downside for gold. Initially, I anticipate a short-term Long,…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we see that price followed the forecasted upward movement but didn’t stop at the $2606 to $2618 range. This was primarily due to the escalation in tensions between Ukraine and Russia, which further boosted gold prices. Currently, gold is trading around $2631, and we need to…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we observe that the market opened today with a positive price gap between $2563 and $2566. Given the current price trend, I anticipate a potential price correction soon to fill this gap. Additionally, with the recent rally in gold, we’ve seen the previous FVG from the…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we can observe that after dropping to $2537, a significant liquidity gap was created. Subsequently, gold managed to stabilize above $2560 and $2565, forming a new bullish order block. Currently, the price is consolidating above this order block, and if it successfully holds above $2560, we…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we observe that after entering the supply zone at $2619, gold followed our expectations and faced a sharp decline, correcting down to $2550 and providing a return of over 670 pips. Currently, gold is trading around $2558, and as mentioned in the previous analysis, the $2555-$2562…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we can see that after entering the highlighted demand zone, gold has delivered a return of over 270 pips so far and is currently trading around $2611. It’s important to note that today we have the CPI data release, which could significantly impact gold prices. If…
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Gold Analysis: By Analyzing the #Gold chart on the 4-hour timeframe, we can see that the price moved as expected, starting its decline from the $2657 zone and hitting the targets of $2649, $2643, $2630, and $2616, delivering a gain of around 400 pips. However, the price didn’t stop there and extended its sharp drop, finally…
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Gold Analysis: We can observe that after reaching $2699 again, gold faced selling pressure and has corrected down to $2659 so far. Considering that both the New York and Canadian markets are closed today, we are likely to see the next significant move tomorrow. Considering the current price trajectory, we need to see how gold reacts…
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Gold Analysis: Analyzing the #Gold chart in the 4-hour timeframe, we see that, as expected, gold surged from the $2670 zone and successfully filled the FVG (Fair Value Gap) marked on the chart. This analysis has yielded over 400 pips of profit so far. After reaching $2710 and filling the gap, the price corrected back to…
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