Gold Analysis: By re-examining the gold chart in the 2-hour time frame, we can see that yesterday the price penetrated above $2330 to collect liquidity, and then it fell and was able to hit the first target of $2312. Please note that the level of $2312 is a The important demand level and therefore the reaction…
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Gold News Gold prices remained steady due to safe-haven demand amid uncertainty surrounding the Gaza ceasefire and expectations of U.S. Federal Reserve interest rate cuts. Spot gold held at $2,320.69 per ounce, rising over 1% in the previous session. U.S. gold futures were flat at $2,328.40. Analyst Matt Simpson noted that gold has been building…
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Gold Analysis: The price fell to $2314 and then it was again accompanied by demand and penetrated above the level of $2328 to collect liquidity, but immediately the price was accompanied by a fall and has fallen from $2330 to $2323 at this moment, other assumptions of the previous analysis They are still valid!(This Post on TradingView) Author : Arman ShabanTo…
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Gold Analysis: By examining the gold chart in the 2-hour time frame, we can see that the price on Friday, after growing up to $2320, faced a heavy selling pressure and fell from $2320 to $2277, that is, more than 420 pips of yield! Finally, gold closed at $2301 on Friday, and today we saw gold…
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Gold News Gold Spot : Rose by 1% to $2,325 per ounce. Gold Futures : Increased by 1% to $2,331.5 per troy ounce due to optimism for U.S. interest rate cuts. Economic Data : U.S. private sector job growth slowed in April, which could lead the Federal Reserve to ease monetary policy. Interest Rates and…
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Gold News Gold prices have stabilized at $2,300 per ounce after a drop to a nearly 1-month low of $2,277. The price stabilization occurred as investors capitalized on higher gold valuations to book profits. This activity persisted despite the release of weaker-than-expected US labor data. The labor data led to speculation that the Federal Reserve…
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Gold Analysis: With the announcement of the NFP statistics, gold rose to $2320 but after reaching this level, it faced selling pressure again and is currently trading in the range of $2299. Do you think this fall will continue?(This Post on TradingView) Author : Arman ShabanTo see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks ,…
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Gold Analysis: Upon examining gold in the 2-hour timeframe, we can see that yesterday, as expected, gold experienced a relative increase and managed to rise by 100 pips to $2310 before undergoing a price correction. Currently, gold is trading around $2295, and we will have the NFP data in a few minutes. If gold stabilizes below…
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Gold Analysis: Upon reviewing gold in the weekly timeframe, we observe that the price is trading around $2298. If the NFP data is announced to be higher than the forecasted rate, it will strengthen the dollar index and consequently cause a significant drop in gold prices! Should this occur and gold stabilizes below $2300, we can…
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Gold Analysis: By examining gold in the 2-hour time frame, we see that the price, as we expected, was accompanied by heavy fluctuations with Mr. Powell’s speech and was able to grow up to $2328! After that, gold faced supply pressure again and was able to correct up to $2285 in the last hour! Note that…
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