Gold News Gold Recovery: Gold rebounded to $2,620 per ounce on Tuesday, marking its highest level in a week after snapping a six-day losing streak. Goldman Sachs Outlook: Analysts at Goldman Sachs advised investors to “go for gold,” projecting prices to reach $3,000 by December 2025 due to factors like increased central bank demand, interest…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we observe that the market opened today with a positive price gap between $2563 and $2566. Given the current price trend, I anticipate a potential price correction soon to fill this gap. Additionally, with the recent rally in gold, we’ve seen the previous FVG from the…
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Gold News Gold Price: Gold rose near $2,600/oz on Monday after rebounding from its largest weekly drop since 2021. US Dollar: The rally in the US dollar paused, supporting gold’s recovery. US Economic Data: October retail sales exceeded expectations, highlighting economic resilience. Federal Reserve: Mixed signals from Fed officials created uncertainty about the timing and…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we can observe that after dropping to $2537, a significant liquidity gap was created. Subsequently, gold managed to stabilize above $2560 and $2565, forming a new bullish order block. Currently, the price is consolidating above this order block, and if it successfully holds above $2560, we…
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EUR/USD Analysis: Analyzing the #EURUSD chart in the daily timeframe, we can observe that the price is currently trading around the demand zone of 1.056. having declined over 500 pips from previous highs. This decline has brought the price into a significant demand zone between 1.0520 and 1.0580, where we anticipate a potential bullish reaction. If…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we observe that after entering the supply zone at $2619, gold followed our expectations and faced a sharp decline, correcting down to $2550 and providing a return of over 670 pips. Currently, gold is trading around $2558, and as mentioned in the previous analysis, the $2555-$2562…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we can see that after entering the highlighted demand zone, gold has delivered a return of over 270 pips so far and is currently trading around $2611. It’s important to note that today we have the CPI data release, which could significantly impact gold prices. If…
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EUR/USD Analysis: Analyzing the #EURUSD chart on the daily timeframe, we can see that the price is currently trading around the 1.06 level. Since the previous analysis, it has dropped over 500 pips. I anticipate that the price will soon react positively to the 1.052 to 1.058 zone, potentially leading to a recovery of 40 to…
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GBP/USD Analysis: Analyzing the GBP/USD chart on the daily timeframe, we can observe that the price is experiencing a significant decline. I anticipate that this heavy drop will likely pause, at least temporarily, upon reaching the demand zone between 1.267 and 1.2735. This is a key area of interest, and I expect a potential return of…
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Gold Analysis: By Analyzing the #Gold chart on the 4-hour timeframe, we can see that the price moved as expected, starting its decline from the $2657 zone and hitting the targets of $2649, $2643, $2630, and $2616, delivering a gain of around 400 pips. However, the price didn’t stop there and extended its sharp drop, finally…
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