Gold Analysis: By analyzing the gold chart in the 4-hour and 2-hour time frames, we can see that today, the price finally managed to hit the $2727 target with strength and even went beyond it! Based on the previous analysis, the next target for gold is $2743.7, and at the moment, gold has already reached $2738…
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Gold Analysis: Upon reviewing the gold chart on the 4-hour timeframe, we can see that gold has finally managed to break above the $2700 level, just as we anticipated in our previous analysis. Currently, it is consolidating above this level. Note that the $2714 level is a key supply zone (based on important Fibonacci ratios) for…
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Gold Analysis: Upon reviewing the gold chart on the 1-hour timeframe, we can see that as expected, gold rose again above $2680 yesterday, with several attempts to break the previous high. Finally, two hours ago, gold surged to $2688.8, collecting liquidity above that level before undergoing a correction down to $2673. As marked on the chart,…
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Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that, as expected, all the bullish targets for gold were hit today—specifically $2670, $2673, and $2678. The price even managed to climb further, reaching $2682, surpassing $2680! After hitting this key level, we observed a correction down to $2675. If the price…
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Tesla Analysis : By analyzing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that, as expected in the previous analysis, Tesla stock faced selling pressure after reaching the supply zone of $233 to $271. This selling pressure intensified this week, causing the price to drop by about 20%, reaching $214. Currently, Tesla…
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Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that, as I mentioned last night, the demand zone between $2,636 and $2,642 was a very critical level. After entering this demand zone, the price encountered buying pressure and has now risen over 170 pips, currently trading around $2,654! The other assumptions…
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Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that since today’s market was partially closed, with major players on holiday, the lack of liquidity led to significant volatility. Today, the price managed to rise to $2,666, collecting liquidity above the $2,665 level. After that, gold experienced further fluctuations and eventually…
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Gold Analysis: Gold Price Overview: Currently, the price of gold is hovering around $2656.99. Recently, gold has seen a slight increase, driven by several factors such as inflation concerns, recent CPI and PPI reports, and geopolitical tensions. Key Influencing Factors: Technical Analysis: Outlook: Given the economic and geopolitical landscape, gold remains in a bullish trend. Traders…
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Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that after experiencing a stop hunt below the $2,605 level yesterday, the price rebounded and rose to $2,647. As previously mentioned, the $2,646 level was a key supply zone, which is why Gold showed a negative reaction upon reaching this level. Currently,…
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Gold Analysis: By analyzing the Gold chart on the 1-hour timeframe, we can see that after entering the desired demand zone, the price started to rise and is currently trading around $2,617. Considering that the US CPI data will be released today and I expect the actual value to be equal to or lower than the…
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