Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that after yesterday’s analysis, the price started to drop from the identified zone and almost hit our first target with a decline to $2482! After this drop, gold experienced another rise, and as I had anticipated for the past two days, it…
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Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that, as expected, gold experienced a significant drop yesterday, hitting almost all of our targets! The return from yesterday’s analysis was about 200 pips, and currently, gold has reached the supply zone of $2524 to $2529 for the third time, trading around…
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Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we see that the price has returned to the supply zone of $2524 to $2529, and I expect further correction from this area. Note that the primary scenario is bearish, and if the price breaks above $2532, this scenario will be invalidated. If the decline…
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Gold Analysis: By analyzing the #Gold chart on the 2-hour timeframe, we observe that, as expected, the price had an initial negative reaction to the identified supply zone, dropping from $2527 to $2503! The total return so far has been over 230 pips, and currently, gold is trading around the $2510 range. We now need to…
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Gold News Gold Price Movement: Gold eased below $2,510 per ounce on Tuesday, despite strong expectations of US rate cuts and rising geopolitical risks. US Rate Cut Expectations: Federal Reserve Chair Jerome Powell confirmed a rate cut for September, with the Fed preparing to lower rates as inflation nears its 2% target and concerns about…
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Gold Analysis: By reviewing the #Gold chart on the 2-hour timeframe, we can see that today the price climbed to higher levels, reaching the $2525 range. Currently, there has been an initial reaction to this supply zone. The price is close to its historical high of $2531, and we need to see if it will stabilize…
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Gold News Gold Price: Gold is currently trading around $2,525 per ounce, near record levels, due to expectations of an interest rate cut in September. Federal Reserve Stance: Jerome Powell indicated that the Fed is ready to adjust rates based on future economic data, noting reduced inflation risks but increased job market risks. FOMC Confidence:…
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DXY Analysis : By reviewing the US Dollar Index chart on the daily timeframe, we can see that last week, the price reached its lowest level in a year, closing at 100.677. Given that the price has dipped below a liquidity pool, we might see an initial positive reaction at the beginning of the week, but…
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Tesla Analysis : By reviewing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that the price is moving towards the supply zone that we’ve marked on the chart. I expect that once the price enters the $233.5 to $274 range, we will see an initial negative reaction. However, keep in mind that…
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Gold Analysis: By reviewing the #Gold chart on the 2-hour timeframe, we can see that, as expected, after last night’s analysis, the price experienced a strong upward movement, rising from $2484 to $2502, fully filling the FVG that was mentioned. Currently, gold is trading around the $2500 level. If the price manages to close below $2495,…
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