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 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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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, price first filled the initial FVG and then dropped toward $4049, eventually closing the week around $4052. At the beginning of the new week, Gold opened with a large bullish gap around $4090 and extended its rally…
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Brent Oil Analysis: By analyzing the #BrentOil chart on the weekly timeframe, we can see that after our previous analysis, Oil reacted perfectly from the major $102 supply zone and entered a strong corrective move. Following renewed ceasefire headlines, Brent opened this week with a massive bearish gap. Price closed last week around $98.69, but the…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, price continued lower and reached the $4021 region. After that decline, buyers stepped in and pushed Gold back toward $4063. However, this recovery remained limited and price has started correcting again. Gold is currently trading around $4047.…
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Brent Oil Analysis: By analyzing the #BrentOil chart on the weekly timeframe, we can see that price once again followed our scenario almost perfectly. After rallying toward $102 and entering the major supply zone we highlighted, sellers stepped in aggressively and pushed Brent Oil back down toward $97. This means Oil has corrected by roughly 4%…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after reaching the $4166 region, price finally entered the supply area where sellers became active. Gold then faced heavy selling pressure and dropped sharply toward $4040. Currently, price is trading around $4049. Considering the continued strength in Oil, I still believe…
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