Gold News Spot gold near record high: ~$3,650/ozGold is trading ar• Spot gold holding near $3,645/ozGold is trading around $3,644.07‑$3,644.98/oz today. ATH still $3,673.95Last week, gold hit its all‑time high at $3,673.95/oz but has since retraced as profit‑taking kicked in. Fed rate cut expected, dollar modestly firmerMarkets are still expecting a 25 bps cut at…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that after our last analysis, the price continued to rise and reached $3,657. Once it hit this key level, gold pulled back to around $3,638. Currently, it is trading near $3,652. Based on the main analysis, only if the price holds below…
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GBP/USD Analysis: By analyzing the GBP/USD chart on the 4-hour timeframe, we can see that the price followed our last analysis and started to drop, hitting the first target and even correcting down to 1.34920. Currently, the pair is trading around 1.35420, and based on the momentum, I expect more downside for GBP/USD. The next possible…
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Gold News Spot gold near record high: ~$3,650/ozGold is trading around $3,650.23, hovering close to its all‑time high of $3,673.95/oz hit earlier this week. Gold poised for 4th straight weekly gainStrong expectations of U.S. Fed rate cuts (25 bps likely next week) amid soft labor market data are pushing gold higher. Supportive inflation & labor…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that all three targets at $3,635, $3,625, and $3,616 were hit, giving us more than 300 pips in returns! Currently, gold is trading around $3,622, and in just a few minutes the CPI report will be released. If CPI comes in higher…
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Gold News Gold consolidates near ATH ($3,673.95)Spot gold hit $3,673.95/oz earlier in the week. As of the latest trade, it’s around $3,632.48/oz—a slight pullback from the high. Rate‑cut expectations remain strongSoft U.S. macro data (producer & job reports) have bolstered the case for a 25 bps Fed cut next week. Some traders are even eyeing…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that the price has continued its rally since our last analysis, setting new highs one after another, with the latest peak at $3,675. Currently, gold is trading around $3,644, and we still don’t see any clear change in market structure to suggest…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 4-hour timeframe, we can see that the price started to drop as expected, correcting down to 1.168. After that move, demand stepped in, and now the pair is trading around 1.1716. If the price manages to stay below 1.174, we could see another bearish move. The possible…
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GBP/USD Analysis: By analyzing the GBP/USD chart on the 4-hour timeframe, we can see that the price is trading around 1.3535. If it closes and holds below 1.3553, we can expect more downside.The possible bearish targets are 1.3513, 1.3480, and 1.3473. The key demand zones are 1.3480–1.3500 and 1.3448–1.3460.(This Post on TradingView) Author : Arman Shaban To see more analyzes of…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 4-hour timeframe, we can see that the price moved up as expected, hitting the targets at 1.176 and 1.177, and even climbing to 1.178. Currently, it is trading around 1.173, and I expect a stronger correction soon. If the price closes below 1.17445, it could drop…
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