Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that on Friday, gold faced selling pressure for the fourth time after rising to $2526, dropping as low as $2490! This drop created a large FVG (Fair Value Gap), which I expect to be filled soon with a price increase. This gap…
Read more
Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that, as expected, gold experienced a significant drop yesterday, hitting almost all of our targets! The return from yesterday’s analysis was about 200 pips, and currently, gold has reached the supply zone of $2524 to $2529 for the third time, trading around…
Read more
Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we see that the price has returned to the supply zone of $2524 to $2529, and I expect further correction from this area. Note that the primary scenario is bearish, and if the price breaks above $2532, this scenario will be invalidated. If the decline…
Read more
Gold Analysis: By analyzing the #Gold chart on the 2-hour timeframe, we observe that, as expected, the price had an initial negative reaction to the identified supply zone, dropping from $2527 to $2503! The total return so far has been over 230 pips, and currently, gold is trading around the $2510 range. We now need to…
Read more
Gold Analysis: By reviewing the #Gold chart on the 2-hour timeframe, we can see that today the price climbed to higher levels, reaching the $2525 range. Currently, there has been an initial reaction to this supply zone. The price is close to its historical high of $2531, and we need to see if it will stabilize…
Read more
Gold Analysis: By reviewing the #Gold chart on the 2-hour timeframe, we can see that, as expected, after last night’s analysis, the price experienced a strong upward movement, rising from $2484 to $2502, fully filling the FVG that was mentioned. Currently, gold is trading around the $2500 level. If the price manages to close below $2495,…
Read more
Gold Analysis: By reviewing the gold chart on the 2-hour timeframe, we can see that after our previous analysis, the price rose by about 50 pips and then faced selling pressure again upon reaching the $2510 zone. Following this, the price lost support at $2494 and dropped to $2471. Currently, gold is trading around $2484, and…
Read more
Gold Analysis: By reviewing the #gold chart on the 2-hour timeframe, we can see that, as expected, the price sharply corrected to fill the FVG that had formed between $2506 and $2520. After entering the demand zone at $2506, gold experienced a strong upward movement, pushing back up to $2520! This analysis resulted in a gain…
Read more
Gold Analysis: By reviewing the latest #gold chart on the 2-hour timeframe, we can see that after yesterday’s analysis and reaching the key level of $2486, the price was met with strong demand and has since established a new all-time high, reaching $2531! With this recent rise, a Fair Value Gap (FVG) has formed in the…
Read more
Gold Analysis: By reviewing the latest #Gold chart on the 6-hour timeframe, we can see that the price has dropped over 230 pips since last night, and as expected, we’re starting to see the first signs of a price reversal on the chart! A large Fair Value Gap (FVG) between $2465 and $2486 was created on…
Read more
