Gold Analysis: By Reviewing the 2-hour gold chart, we observe that the price is currently trading around $2473 and today it managed to break above $2477, gathering liquidity above this level. As you know, today we have the CPI data release. If the data comes in higher than the forecast, it could lead to a drop…
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Gold Analysis: Upon reviewing the 2-hour chart of gold, we see that yesterday, the price did not meet the condition we set for a drop (staying below $2439) and instead started to rise further. It reached the second supply zone of $2473 to $2484, then corrected by 180 pips down to $2458. Currently, gold is trading…
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Gold Analysis: By examining the gold chart in the 2-hour timeframe, we observe that, as expected, the price was able to rise to our desired supply zone at $2444. Currently, we don’t see any signs of a price reversal on the chart. If the price can break below $2439 and stabilize, we can expect the next…
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Gold Analysis: By examining the #gold chart in the 2-hour timeframe, we observe that last week the price closed at $2431. I expect that with the market opening, after an initial rise to the range of $2442 to $2455, the price will likely decline again. The potential targets for this decline are $2417, $2405, and $2400,…
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EUR/USD Analysis: By examining the EUR/USD chart in the 4-hour timeframe, we observe that the price is currently around 1.09160, and I expect this pair to decline further with the market opening. The first potential target for EUR/USD is 1.08820. This analysis will be updated.(this post on tradingview) Author : Arman Shaban To see more analyzes of Gold…
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Gold Analysis: By examining the gold chart in the 2-hour timeframe, we observe that after an initial correction, the price continued to rise further. After reaching $2424, there were several reactions to this level (check the candlestick wicks), and the price continued to rise, currently trading around $2424. The price may continue to increase, and once…
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Gold Analysis: By examining the #gold chart in the 2-hour timeframe, we observe that as expected, after entering the range of $2403 to $2410, the price faced selling pressure and corrected from $2407 to $2381 with a drop of 260 pips. After reaching $2381, the price encountered renewed demand because the range of $2379 to $2384…
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Gold Analysis: By examining the gold chart in the 2-hour timeframe, we observe that the price is currently trading around $2398. We are still waiting for the price to reach the range of $2403 to $2410, after which we can prepare for a sell position with an appropriate trigger. Note that the risk of war due…
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Gold Analysis: By analyzing the #Gold chart, we can see that the price, as expected, started to decline from the $2414 area and, with a 350-pip return, managed to correct down to $2381, hitting all three of our specified targets)! Currently, gold is trading around the $2394 area, and after a short upward movement, I expect…
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Gold Analysis: By analyzing the #Gold chart in the 2-hour timeframe, we can see that the price has continued its upward movement as we expected, reaching as high as $2418! Currently, gold is trading around the $2414 area, and we need to see if the price can be rejected from this important zone or not. If…
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