Gold Analysis: Upon a recent review of the #gold chart on the 2-hour timeframe, we observed that the price dropped to $2383, filling the Fair Value Gap (FVG) it created, and then surged to $2412 due to strong demand. If the price maintains support between $2388 and $2397 and breaks above $2412, we can expect further…
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Gold News Gold prices are slightly down, trading at $2,395.00 per troy ounce. Investors are awaiting key U.S. data, including GDP for the second quarter and the PCE index, to gain insights into inflation and consumer spending. These data points are crucial for anticipating the Federal Reserve’s next monetary policy moves. The recent slight decline…
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Bitcoin Analysis: As expected, #Bitcoin has successfully hit its next target of $67,700! This analysis has yielded over 25% returns so far. I hope you have maximized the benefits of this analysis. The upcoming targets are $72,000, $73,777, and $77,000.(This Post on TradingView) Author : Arman Shaban To see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and…
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Gold Analysis: Upon reviewing the 30-minute gold chart, we observed that as expected, gold managed to close above $2400 on the weekly candle last Friday. Today, the market opened with a gap at $2403 and climbed to $2412, hitting the target of $2410. Overall, this analysis has yielded over 900 pips so far. I hope you…
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Gold News Gold is down about $80 from its all-time high due to a shift to the US dollar for safety amid market uncertainty. Prices hovered around $2,400 per ounce, falling 3.5% over the past three days. The decline follows a record high of $2,485 driven by speculation of Federal Reserve rate cuts. Gold has…
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Gold Analysis: By examining the 30-minute #gold chart, we see that after the price dropped to $2393 and entered the Bullish Rejection Block in the specified zone, it rallied back up to $2408. Currently, gold is trading around $2403. If it manages to hold this support level, we might see a further rise to levels like…
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Gold Analysis: After reaching the targeted demand zone, the price showed a very short positive reaction and then continued its decline, dropping to $2393 for further liquidity gathering. However, it has since encountered demand pressure again and is currently trading around $2404. We need to see if the price will stabilize above $2400 again. To determine…
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Gold Analysis: As you can see, by examining the 30-minute #gold chart, we notice that since yesterday when we released this analysis, the price has successfully dropped by over 600 pips, correcting down to $2410. Currently, the price is trading around $2412, and it is likely that if the price enters the demand zone of $2401…
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Bitcoin Analysis: By examining the Bitcoin chart on the weekly (logarithmic) timeframe, we observe that the price recently surged to $66,000. Currently, BTC is trading around $64,000. I still expect further growth from Bitcoin, with the next target being $67,600. Additionally, we should monitor the price reaction to the $67,600 to $72,000 zone. This analysis will…
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Gold News Gold prices fell 1% to $2,420.51 per ounce but were on track for a fourth straight weekly gain, rising 0.4% for the week and hitting an all-time high of $2,483.60 on Wednesday. U.S. gold futures fell 1.34% to $2,423.40. The U.S. dollar inched higher by 0.1%, and 10-year Treasury yields also rose, putting…
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