Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that this time the bullish continuation scenario did not materialize. However, price reacted beautifully from the exact supply zone that we had highlighted in the previous update. After reaching the $4515 supply area, sellers stepped in aggressively and completely rejected the bullish…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price initially continued lower after the previous update and printed a fresh low around $4425. However, once again buyers stepped in aggressively from the demand zone and triggered a strong recovery. At the same time, several major geopolitical headlines supported the…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after the previous analysis, Gold once again respected the discussed zones. Price rallied sharply from the $4460 region and managed to reach the $4540 supply area before facing another wave of selling pressure. Following that rejection, Gold entered another corrective move…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again followed the expected scenario. After trading around the $4540 region, Gold rallied strongly toward $4594, completing all projected upside targets before running into heavy selling pressure. Following that rejection, Gold reversed sharply and closed Friday back near the…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again followed the expected scenario. After reaching the $4500 region, Gold initially pulled back toward $4488 before buyers stepped in again and pushed price higher. Following this recovery, Gold extended its rally and managed to reach the $4550 level…
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Bitcoin Analysis: By analyzing the #Bitcoin chart on the 4H timeframe, we can see that price followed the expected scenario discussed yesterday. BTC managed to rally toward the $73,880 region and successfully filled more than 50% of the targeted FVG before facing another corrective pullback. Currently, Bitcoin is trading around the $73K region and the market…
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USD/JPY Analysis : By analyzing the #USDJPY chart on the Daily timeframe, we can see that after successfully filling the large FVG around the 159.50 region, price has entered a consolidation phase and has not yet managed to break above the key resistance area. Yesterday’s candle closed around 159.246 and price is still trading around the…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that Gold continued its aggressive bearish move today and dropped all the way toward $4366, marking the lowest price level in nearly the past 2 months. However, once price entered this major demand zone, the market reacted violently. Right after that move,…
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USD/JPY Analysis : By analyzing the #USDJPY chart on the 4H timeframe, we can see that price finally completed the bullish retracement scenario perfectly. USDJPY pushed all the way toward the 159.50 region and successfully filled the large FVG that we had marked on the chart. Currently, price is trading around 159.20 and this area is…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price followed the bearish scenario perfectly and moved lower to fill the targeted FVG, delivering more than 500 pips of return. As expected, once price reached the Bullish Order Block around $4540 – $4570, strong demand stepped in and triggered a…
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