Gold Analysis: Gold prices, in the 4-hour time frame, performed exactly as expected yesterday. It saw a strong rally, hitting the target of $2656 and reaching as high as $2664, entering the marked supply zone. Following this, gold experienced a sharp drop to $2642. Currently, gold is trading around $2650, and if it stabilizes above $2644,…
Read more
Bitcoin Analysis: Analyzing the #Bitcoin chart on the 4-hour timeframe, we can see that the price continued its upward momentum as expected, achieving an impressive over 10% gain, reaching the $102,700 zone! However, due to hitting the supply zone of $101,300 to $102,800, Bitcoin experienced a correction and is currently trading around $100,600. After a potential…
Read more
Gold Analysis: Gold followed our expectations perfectly, showing an impressive rally and hitting the targets of $2638 and $2647, yielding a gain of 160 pips! After reaching the second target, gold retraced to $2615, where it encountered renewed demand, pushing the price back up. Currently, it’s trading around $2648. This bullish momentum may continue, so keep…
Read more
Gold Analysis: Based on the 4-hour gold chart analysis, we observe that the price followed the second scenario from the previous analysis. Failing to break and hold above $2662, it experienced a deeper pullback, correcting down to $2625. Currently, gold is trading around $2633, and if it manages to hold above $2626, we can expect further…
Read more
Gold Analysis: Analyzing the #Gold chart in the 4-hour timeframe, we observe that after our last analysis, the price corrected to $2605 and then experienced strong demand, pushing gold up to $2665. During its upward movement, the price reacted multiple times to the levels highlighted in the previous analysis, but buyers proved stronger than sellers, resulting…
Read more
Gold Analysis: Here’s the final gold analysis for 2024! As you can see, after our previous analysis, gold experienced a sharp drop, delivering a 300-pip move down to the $2,596 zone. Currently, gold has recovered slightly and is trading around $2,614. Several supply zones lie ahead, including $2,620-$2,627, $2,632-$2,638, and $2,651. Keep a close eye on…
Read more
Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that after revisiting the supply zone of $2,633 to $2,652, the price faced selling pressure and corrected over 140 pips to $2,624. Currently, gold is trading around $2,626. If the price manages to hold below the $2,633 level, we can anticipate further…
Read more
Bitcoin Analysis: As expected, Bitcoin experienced an impressive 5% growth following our previous analysis and is currently trading around $98,000. Keep a close eye on price movements! The previous analysis remains valid.(This Post on TradingView) Author : Arman ShabanTo see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on…
Read more
Bitcoin Analysis: By analyzing the #Bitcoin chart on the 4-hour timeframe, we observe that after our previous analysis, the price surged to $108,400 before experiencing a sharp decline, correcting down to $92,000. Currently, Bitcoin is trading around $93,800. If the price manages to stabilize above the $90,600 to $92,300 range, we could anticipate further growth for…
Read more
Gold News Gold remains up 28% year-to-date, outperforming the S&P 500’s 25% gain, as it hovers around $2,620 per ounce. This stellar performance has been driven by aggressive Federal Reserve rate cuts, geopolitical tensions, and inflation concerns. Market players are now looking ahead to 2025, with mixed expectations following the Fed’s recent guidance. While higher…
Read more
