Gold Analysis: old’s 2-hour chart shows that after fluctuating between $2910 and $2925, the price finally started declining following the CPI data release and is currently trading around $2911. Liquidity has been accumulating in this range for a few days, and the next move is expected to be significant. Key supply levels: $2921, $2931, and $2937.Key…
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Gold Analysis: Gold experienced a 200-pip drop to $2880 yesterday before rebounding back to $2913. As mentioned in the previous analysis, the breakout or rejection of $2913 remains a key decision point for the next trend direction. This explains the current price consolidation in this range. 🔹 Key Levels to Watch:📉 Support Zones: $2870, $2861, $2853📈…
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Gold Analysis: By analyzing the 2-hour timeframe for gold, we see that the price remains range-bound with no clear directional trend. Currently, gold is trading around the $2900 level, and if it fails to break above $2913 again, we can expect a downward correction. Potential targets for this correction are $2870, $2861, and $2853. Keep an…
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Gold Analysis: Upon analyzing the gold chart on the two-hour timeframe, we can see that despite multiple attempts to break above $2916, the price failed to close above this level during a six-hour struggle and instead corrected down to $2895. However, after reaching this support zone, demand pressure kicked in, pushing gold back up to $2922…
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Gold Analysis: By analyzing the gold chart on the 2-hour timeframe, we can see that yesterday, the price entered the $2928 – $2930 zone, where it faced strong selling pressure, leading to a sharp decline from $2929.87 to $2890. This strong and significant drop was halted upon reaching a key support zone, and currently, gold is…
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Gold Analysis: By analyzing the gold chart on the two-hour timeframe, we can see that the price started declining as expected yesterday, correcting from $2928 to $2900. Currently, gold is trading around $2916. A key liquidity pool exists in the $2928 – $2930 zone, and if the price moves up to this range, we may see…
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Gold Analysis: By analyzing the gold chart on the two-hour timeframe, we can see that the price successfully started its upward movement yesterday as expected, reaching the $2877 target. However, it didn’t stop there and managed to extend its rally up to $2921. Currently, gold is trading around $2920, and there are two significant resistance levels…
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Gold Analysis: By analyzing the gold chart on the two-hour timeframe, we can see that the price, as initially expected, made a corrective move below $2833 to collect liquidity. After absorbing the liquidity from this significant liquidity pool, it faced strong buying pressure and managed to rise to $2877. Currently, gold is trading around $2872, and…
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Gold Analysis: Upon analyzing the gold chart on the one-hour timeframe, we can see that the price has once again started to decline as expected, forming another attractive correction from the $2920 level down to $2876. Upon reaching $2876, buying pressure increased, pushing the price up to $2894. Currently, gold is trading around $2886. If the…
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Gold Analysis: On the 1-hour timeframe, we can see that gold surged to the $2945 supply zone, where it faced strong selling pressure. The bearish momentum was so intense that it didn’t stop at the liquidity levels below $2921 and $2917, leading to a massive 500-pip drop to $2888. I hope you made the most of…
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