Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that the price broke the key $3,657 level, just as expected, and today it even printed a new ATH at an impressive $3,685! As you know, this week is the interest rate decision week, and markets are preparing for a rate cut…
Read more
EUR/USD Analysis: By analyzing the EUR/USD chart on the 6-hour timeframe, we can see that after dropping to 1.166, the price gained demand again and is now trading around 1.177. Ahead, there is a key supply zone between 1.179 and 1.1810, and we need to carefully watch how the price reacts to this area. The important…
Read more
Cardano Analysis: By analyzing the Cardano (ADA) chart on the 3-day timeframe, we can see that the price continued its rally as expected, hitting the $0.93 target and even climbing to $0.95 before making a small correction. Currently, ADA is trading around $0.86. As long as the price holds within the $0.80–$0.85 range, we can expect…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
