Gold Analysis: By analyzing the 4-hour gold chart, we observe that, as expected, the price continued its decline following our analysis, successfully hitting all three targets at $2756, $2751, and $2747. Ultimately, gold dropped to $2730, achieving a 280-pip return since yesterday! Currently, gold is trading around $2747, and I expect this upward movement to continue…
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EUR/USD Analysis: By analyzing the #EURUSD chart on the 3-day timeframe, we can see that after rising to the upper limit of the supply zone at 1.046 – 1.055, the price has finally corrected and is currently trading around 1.042. If the price stabilizes below this level, we can expect further declines in EURUSD. However, keep…
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USD/JPY Analysis : By analyzing the USD/JPY daily chart, we observe that the price has dropped precisely from the 156.75 zone, as anticipated in our analysis, and has hit the 154 target! The key demand zone is between 153 and 154.3, while the significant supply zones are 155.40, 157 to 158.2, and 158.8, respectively. The total…
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Gold Analysis: Analyzing the gold chart on the 4-hour timeframe, we observe that in the last trading day of the previous week, before attempting to establish a new high, the price faced a correction from the $2786 level and has since declined, reaching as low as $2747. Currently, gold is trading around $2761, and if the…
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Gold Analysis: Analyzing the 4-hour chart of gold, we observe that the price reacted to the expected levels of $2,755, $2,757, and $2,759 yesterday, followed by a strong breakout to hit our anticipated target of $2,770. Currently trading at $2,777, gold shows no signs of rejection or a significant pullback. As the final trading day of…
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Gold News Gold Prices Surge: Spot gold jumped 0.6% to $2,770.39 per ounce, reaching a three-month high of $2,777.10 earlier in the day. It’s set for a fourth straight weekly gain, up over 2% this week. Dollar Weakens: The dollar is down over 1% for the week, its worst weekly fall in two months, making…
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Gold Analysis: By examining the gold chart in the 4-hour timeframe, we see that the price had a correction to the range of $2740 yesterday and today, which was again accompanied by demand pressure. Currently, it is trading in the range of $2753. Likely, with the pullback, the price has gathered more liquidity and now has…
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EUR/USD Analysis: By analyzing the #EURUSD chart on the 3-day timeframe, we can see that the price finally hit the 1.044 target, delivering a 250-pip return. Currently, EUR/USD is trading around the 1.041 level. If a strong rejection occurs at this zone, we can anticipate a potential drop toward 1.035 as the first target and 1.025…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we observe that after yesterday’s analysis and the initial reaction to the designated zone, the price continued its upward movement. Following minor reactions to the $2742 and $2753 levels, gold experienced further growth and has so far managed to reach $2763. It seems this momentum…
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Gold Analysis: By analyzing the 4-hour gold chart, we see that the price finally broke out of the neutral range of $2702-$2714 today, reaching as high as $2733 and clearing liquidity above $2727. After this liquidity grab, gold experienced a slight correction, retracing to $2717. Currently, the price is trading around $2722. As the New York…
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