Gold Analysis: By analyzing the #Gold chart in the 1-hour timeframe, we observe that yesterday, as anticipated, both targets of $2745 and $2748 were achieved, with the price even climbing to $2750. After collecting liquidity above these levels, gold experienced a sharp decline following the announcement of Donald Trump’s presidency, dropping to $2701. The price quickly…
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Gold Analysis: By analyzing the #Gold chart in the 1-hour timeframe, we can observe several reactions to the demand levels we identified. Yesterday, we saw an initial bounce from the $2733 zone, with a 70-pip rise taking it close to $2740. Later, this morning, the price dipped below $2730 and reached the $2727 zone, where it…
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Gold Analysis: By analyzing the #Gold chart in the 30-minute timeframe, we can see that, as expected last night, gold showed an upward movement with the market opening. After maintaining its position above the noted support level, it reached the targets of $2739 and $2744. Currently, gold is trading around $2742, and we’ll need to watch…
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Gold News Gold Stabilization: Gold held above $2,730 after two days of declines as markets await the US presidential election and Federal Reserve policy decision. Election Impact: Speculation around a possible Trump presidency fueling inflation led investors to buy gold as a hedge against long-term inflation. Close Election Race: Opinion polls show a tight race,…
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Gold Analysis: By analyzing the #Gold chart in the 30-minute timeframe, we can see that last week, after the NFP data was released below the forecast, gold moved as expected towards the liquidity pool marked on the chart and reached the target of $2762. After capturing the liquidity above this level, gold faced a decline and,…
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Gold Analysis: By analyzing the #Gold chart in the 30-minute timeframe, we can see that, as observed last night, gold dropped sharply from $2782 to $2731, creating a significant liquidity gap. As mentioned yesterday, the first key demand zone was between $2733-$2735, and once the price reached this critical zone, it was met with buying pressure,…
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Gold Analysis: By analyzing the #Gold chart in the 15-minute timeframe, we can see that Contrary to our expectations, gold only managed to reach $2782 before quickly rejecting from that area, failing to hit our first target. With recent data releases, including the Core PCE Price Index m/m, Employment Cost Index q/q, and Unemployment Claims, all…
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Gold Analysis: By analyzing the #Gold chart in the 15-minute timeframe, we can see that gold is currently trading around the $2780 level. If it holds above this level, I expect further upward movement. The potential targets for this rise are $2784, $2787, and $2790.(This Post on TradingView) Author : Arman ShabanTo see more analyzes of Gold , Forex Pairs ,…
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Gold News Gold Stability: Gold remained above $2,780 per ounce as safe-haven demand persisted amid US election uncertainties and geopolitical risks. US Economic Data: Q3 GDP grew by 2.8%, slightly below expectations, while high consumer spending raised inflation concerns. Monetary Easing Outlook: Anticipation of further Federal Reserve easing is supporting gold, as lower rates make…
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Cardano Analysis: By analyzing the #Cardano chart in the daily (logarithmic) timeframe, we can see that the price is currently trading around the $0.35 range. If it can stabilize above this key level, we can expect further upward movement. The next targets for ADA are $0.3780, $0.415, and $0.4570.(This Post on TradingView) Author : Arman ShabanTo see more analyzes of Gold…
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