Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that the bullish momentum continues with no sign of slowing down, as gold pushed higher today to reach a new ATH at $3565! We’re now seeing record highs almost every hour, and gold is currently trading around $3565, facing no immediate resistance.…
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Gold News Gold consolidates near record highsSpot gold is sitting at about $3,534.88/oz, after touching an all-time intraday peak of $3,546.99 earlier in the session. Expectations of imminent Fed rate cuts are powering the rally. Rate-cut bets and trade tensions fueling demandInvestors are piling into gold amid growing belief in a Fed interest rate cut…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that today, gold finally managed to print a new All-Time High (ATH)! As anticipated, price broke above $3500 and rallied up to $3508, hitting our previous bullish target and sweeping the liquidity resting above the key $3500 level. After reaching $3508, gold…
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Gold News Gold races to an all-time high above $3,500/ozSpot gold surged past the $3,500 mark, reaching a record price of $3,508.70/oz, driven by mounting expectations for a U.S. Federal Reserve rate cut, a weaker dollar, and global market uncertainty. Markets pricing in aggressive rate cutsA softer dollar hovering near a five-week low combined with…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that today, as expected, gold continued its bullish move after the market opened and surged up to $3490, delivering an impressive gain of over 450 pips! After hitting this key level, selling pressure increased, leading to a pullback down to $3466. Currently,…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected from our analysis two days ago, the price began its bullish move from the $3383 zone and successfully hit all four targets at $3393, $3398, $3404, and $3409 — but it didn’t stop there! Gold continued its rally…
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Cardano Analysis: By analyzing the Cardano (ADA) chart on the 3-day timeframe, we can see that after a corrective move down to $0.83, the price has gained strong buying momentum and has so far managed to rise to $0.87. If the price can hold above this key support level, we can expect further bullish continuation.The potential…
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Solana Analysis: By analyzing the Solana (SOL) chart on the daily timeframe, we can see that, as expected, the price initially made a corrective move down to around $186 and then, with renewed buying pressure, managed to break higher and reach $217, setting a new high compared to 200 days ago!Based on our previous analysis, the…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 4-hour timeframe, we can see that, as expected, the price first moved toward the demand zone we highlighted on the chart and, after gaining strong buying pressure, pushed back up toward the 1.17 target. The pair is currently trading around 1.167.Now, we need to see whether the…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected, the price started a renewed bullish move after stabilizing above $3367 and managed to rally impressively up to $3394! Afterward, gold faced a pullback and is currently trading around $3383.However, it seems that gold doesn’t intend to drop further…
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