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Category: Technical Analysis

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis – 07.Aug.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

GBP/USD Analysis – 07.Aug.2024

GBP/USD Analysis: By examining the GBP/USD chart in the 4-hour timeframe, we observe that the price started to drop powerfully as we expected and managed to fill the desired FVG with over 145 pips, reaching the price of 1.2672. Currently, the price is rebounding towards 1.2760, and after that, we can look for a trigger to…
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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

EUR/USD Analysis – 07.Aug.2024

EUR/USD Analysis: By examining the EUR/USD chart in the 4-hour timeframe, we observe that after an initial reaction to the desired level, the price rose again and penetrated above 1.10 in a powerful move to gather liquidity. Following this, it underwent a correction and is currently trading around the 1.092 level. We need to wait for…
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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis – 06.Aug.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis – 06.Aug.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis – 05.Aug.2024

Gold Analysis: By analyzing the #Gold chart on the 4-hour time frame, we observe that the price continued its decline and entered the demand zone at $2365. Following this, there was a strong demand surge, and moments ago, the price even rose to $2395. Considering the heavy decline, a significant liquidity gap (FVG) has formed, which…
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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis – 05.Aug.2024

Gold Analysis: By analyzing the #Gold chart on the 4-hour time frame, we observe that, as per our previous analysis, gold successfully filled the targeted FVG and hit the targets of $2450 and $2456. Immediately after reaching these targets, it experienced a heavy drop and is currently trading around $2388, having corrected over 700 pips. The…
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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis – 04.Aug.2024

Gold Analysis: By analyzing the #Gold chart on the 4-hour time frame, we observe that on Friday, the price managed to surge to $2478, hitting our target levels, and then entered the marked supply zone (Bearish Rejection Block). This was followed by a heavy correction from $2478 to $2410, a drop of more than 680 pips…
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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

GBP/USD Analysis – 04.Aug.2024

GBP/USD Analysis: By analyzing the #GBPUSD chart on the 4-hour time frame, we observe that the price encountered strong selling pressure upon reaching the marked supply zone on the chart (1.2820 to 1.2865) and corrected down to 1.27840. The last traded price (close) for GBPUSD is 1.27993, and if the price stabilizes below this level, we…
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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

EUR/USD Analysis – 04.Aug.2024

EUR/USD Analysis: By analyzing the #EURUSD chart on the 4-hour time frame, we observe that on Friday, the price reached the Bearish Order Block around 1.09240 and finally showed an initial negative reaction after a significant upward movement. The last traded price in EURUSD was 1.09097, and if the price can stabilize below this critical resistance…
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