Gold News Gold Surge: Gold hit a new all-time high at $2,758.8, before easing slightly to $2,750 due to profit-taking. Futures: U.S. gold futures dropped by 0.2% to $2,753.40. Safe-Haven Demand: Both gold and the U.S. dollar are benefiting from safe-haven flows due to geopolitical tensions in the Middle East and the upcoming U.S. election.…
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Gold Analysis: By analyzing the gold chart in the 15-minute timeframe, we can see that the price is currently trading around the $2734 level. At the moment, the $2728 to $2730 range has become a key support zone for gold. Given that a liquidity pool has formed around the $2738.5 level and another one above $2740,…
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Gold News Gold Price Surge: Gold climbed to around $2,730 per ounce, hitting new record highs due to increased demand for safe-haven assets. Middle East Tensions: Heightened tensions between Hezbollah and Israel are contributing to gold’s appeal. US Elections Uncertainty: Concerns over the upcoming US presidential elections are driving demand for safe-haven investments. Monetary Policies:…
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Gold Analysis: By analyzing the gold chart in the 4-hour and 2-hour time frames, we can see that today, the price finally managed to hit the $2727 target with strength and even went beyond it! Based on the previous analysis, the next target for gold is $2743.7, and at the moment, gold has already reached $2738…
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Gold News Gold Price Surge: Gold climbed to around $2,730 per ounce, hitting new record highs due to increased demand for safe-haven assets. Middle East Tensions: Heightened tensions between Hezbollah and Israel are contributing to gold’s appeal. US Elections Uncertainty: Concerns over the upcoming US presidential elections are driving demand for safe-haven investments. Monetary Policies:…
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Gold Analysis: Upon reviewing the gold chart on the 4-hour timeframe, we can see that gold has finally managed to break above the $2700 level, just as we anticipated in our previous analysis. Currently, it is consolidating above this level. Note that the $2714 level is a key supply zone (based on important Fibonacci ratios) for…
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Gold Analysis: Upon reviewing the gold chart on the 1-hour timeframe, we can see that as expected, gold rose again above $2680 yesterday, with several attempts to break the previous high. Finally, two hours ago, gold surged to $2688.8, collecting liquidity above that level before undergoing a correction down to $2673. As marked on the chart,…
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Gold News Gold reached around $2,680 per ounce, hitting record highs due to favorable conditions. A dovish outlook from major central banks and lower bond yields increased demand for gold. The Federal Reserve is expected to cut rates twice this year, with a 25-basis-point cut likely in November. The ECB is anticipated to cut rates,…
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Tesla Analysis : By analyzing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that, as expected in the previous analysis, Tesla stock faced selling pressure after reaching the supply zone of $233 to $271. This selling pressure intensified this week, causing the price to drop by about 20%, reaching $214. Currently, Tesla…
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Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that, as I mentioned last night, the demand zone between $2,636 and $2,642 was a very critical level. After entering this demand zone, the price encountered buying pressure and has now risen over 170 pips, currently trading around $2,654! The other assumptions…
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