Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we observed that today, after the market opened, gold prices dropped sharply from $2720 to $2658. This created a liquidity void, which I anticipated would soon be filled. As a result, we’ve seen gold climb back to the $2689 range so far. I still expect the…
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Gold News Gold Pullback: Gold fell below $2,700 per ounce on Monday, experiencing a technical pullback after a sharp decline from $2,720 to $2,658, following last week’s 6% rally driven by safe-haven demand amid escalating Russia-Ukraine tensions. Geopolitical Tensions: Putin signaled potential use of a new missile following Ukraine’s deployment of US and UK-made weapons…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we can see that, as expected, the price experienced a very slight correction before continuing its upward movement. In the past hours, gold reached $2710, which we previously identified as a supply zone. As a result, the price reacted to this level and corrected by over…
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Gold News Gold Rally: Gold climbed to $2,700 per ounce on Friday, marking its fifth consecutive session of gains and a nearly 5% weekly increase, driven by safe-haven demand amid rising geopolitical risks. Geopolitical Tensions: Ukraine launched its second Western-supplied missile into Russia. Russia retaliated by firing its first intercontinental ballistic missile at Ukraine on…
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Bitcoin Analysis: Analyzing the #Bitcoin chart on the weekly timeframe, we can see that since our last analysis, Bitcoin has performed exactly as expected. With its powerful rally, Bitcoin successfully hit all three targets of $77,000, $81,700, and $93,800. Earlier today, Bitcoin surged further to $98,400, setting a new all-time high. With the strong momentum it…
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Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that the price continues to rise due to escalating tensions between Russia and Ukraine, as well as Hezbollah and Israel. The price has been extending its rally since yesterday and is currently trading around $2665. In my opinion, after such a significant…
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Gold News Gold Rally: Gold rose above $2,670 per ounce on Thursday, marking its fourth consecutive session of gains as geopolitical tensions drove safe-haven demand. Geopolitical Factors: Ukraine launched Western-supplied long-range weapons, escalating tensions with Russia. President Putin expanded Russia’s nuclear doctrine, heightening global concerns. The US vetoed a UN resolution for a Gaza ceasefire,…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we see that the price managed to climb to $2642 before experiencing a correction, and it is currently trading around $2624. If the price remains below the supply zone of $2632 to $2642, we could expect further downside for gold. Initially, I anticipate a short-term Long,…
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Gold News Gold Rally: Gold rose to $2,640 per ounce, marking its third consecutive session of gains due to increased demand for safe-haven assets. Geopolitical Tensions: Renewed tensions between Russia and Ukraine, including Ukraine’s missile strike on a Russian border region and Putin’s expanded nuclear doctrine, boosted gold’s appeal. Recovery: Gold has recovered 38% of…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we see that price followed the forecasted upward movement but didn’t stop at the $2606 to $2618 range. This was primarily due to the escalation in tensions between Ukraine and Russia, which further boosted gold prices. Currently, gold is trading around $2631, and we need to…
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