Gold Analysis: Upon reanalyzing the gold chart on the 4-hour timeframe, we can see that, as expected, gold experienced a significant drop, with over 200 pips of movement, hitting the targets of $2571 and $2565, and even correcting down to $2560. After this drop, gold faced renewed demand and has risen to $2580 in the past…
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Gold Analysis: Gold has successfully reached the first target of $2571 as anticipated. The price is currently stabilizing around this level. If the downward momentum continues, the next potential targets will be $2565 and $2555. Keep monitoring for further developments and be cautious with high-risk trades. (This analysis will be updated)(This Post on TradingView) Author : Arman ShabanTo see more analyzes…
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GBP/USD Analysis: By analyzing the GBPUSD chart on the 4-hour timeframe, we can see that after a recent correction, the price has once again reached the significant supply zone we’ve marked on the chart. I expect to see a price correction from this area soon. Wait for a suitable trigger. (This analysis will be updated)(This Post on TradingView) Author : Arman…
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Gold Analysis: As observed, gold fluctuated within the supply zone of $2579 to $2589 yesterday and finally managed to close and stabilize below $2579. Afterward, gold experienced an 80-pip decline, correcting down to $2572, and is currently trading around $2574. If the price stabilizes below $2577, we can expect further declines in gold, with potential targets…
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Gold News Gold Prices: Gold steadied around $2,580 per ounce, hovering at record highs, supported by a weak US dollar. Federal Reserve Rate Cut Expectations: Investors are increasingly anticipating a 50-basis-point rate cut by the Fed this week, with a 67% probability, according to the CME’s FedWatch Tool. There’s a 33% chance of a 25-basis-point…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that today the price managed to reach a new All Time High, climbing up to $2589.750. Afterward, it faced a correction and is currently trading around the $2580 level. If the 4-hour gold candle closes below $2579, we can consider the $2579…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected, the price finally broke through the $2532 level and made a strong move up to $2573! Currently, gold is trading around $2567, and unless you see a powerful reversal movement on the chart, don’t expect a significant drop in…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected, the price started to rise and filled the liquidity gap between the $2512 and $2520 levels. When the price reached the supply level at $2520, it faced selling pressure and corrected down to $2513! So far, this analysis has…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after finally filling the FVG in the $2507 to $2518 range yesterday, gold faced selling pressure and corrected down by 170 pips to $2501! After reaching $2501, the price found demand again and managed to rise to $2529 today. This is…
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Gold News CPI Report: The Consumer Price Index (CPI) report, expected to show a decrease in inflation to 2.6% in August from 2.9% in July, is the major focus this week. Anything below 2.6% would be positive news for the Federal Reserve. (Wednesday) Gold Prices: Gold (XAUUSD) prices remained flat on Tuesday after a stagnant…
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