Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price once again followed the expected scenario almost perfectly. Gold first entered a deeper correction and dropped toward the $4310 region, where strong demand stepped in. After that reaction, buyers regained control and pushed Gold aggressively higher, with price reaching above…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price continued its bullish move after our previous analysis and managed to reach the $4440 region. Currently, Gold is trading around $4414. The $4435 – $4450 area is a strong supply zone, so I would not be surprised to see another…
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USD/JPY Analysis : By analyzing the #USDJPY chart on the Daily timeframe, we can see that the market experienced an extremely aggressive move after Japanese authorities stepped in to support the Yen. USDJPY collapsed from the 163+ area toward the 157 region in a very short period of time, showing just how violent the intervention-driven move…
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Bitcoin Analysis: By analyzing the #Bitcoin chart on the weekly timeframe, we can see that BTC has been trading around the $60K area for almost 10 weeks without establishing a clear directional trend. This kind of market can become extremely boring, but many times the real move begins exactly when most traders lose patience. Currently, Bitcoin…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price continued its bullish move today and rallied as high as the $4300 region. After reaching that level, Gold entered a corrective phase and dropped toward $4223. However, buyers stepped in again and price managed to recover back toward the $4248…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price delivered a powerful bullish move and successfully reached all the upside targets mentioned in the previous analysis. Once Gold reached the $4180 region, sellers stepped in and pushed price back toward $4150. However, buyers regained control and price rallied again,…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price followed the expected bullish scenario and continued moving higher, reaching the $4094 region. After this strong move, Gold entered a minor correction and is currently trading around $4083. In my view, as long as buyers continue defending the nearby demand…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that Gold opened the new session with a bullish gap and pushed toward the $4080 region. Once price entered this important supply area, sellers stepped in and pushed Gold sharply lower toward $4019. After sweeping the liquidity below $4020, buyers became active…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after reaching the $4120 region and sweeping the liquidity above this level, Gold faced heavy selling pressure and collapsed all the way toward $4020. The $4020 area was an important demand zone, and once price reached it, buyers stepped in and…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous update, price started to move higher and the bearish continuation scenario was invalidated. The market reacted strongly following Kevin Warsh’s hawkish remarks, the decision to keep interest rates unchanged, and today’s U.S. GDP and PCE data. Together, these…
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