Gold Analysis: Upon analyzing the XAU/USD chart in the 2-hour timeframe, we observe that the price declined from $2350 to $2337! Subsequently, gold rebounded with demand and is currently trading in the range of $2343. It’s possible that after an upward movement, we might witness further decline in gold prices. As for the Core PCE Price…
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Gold News Gold prices are set for a fourth consecutive monthly gain, remaining unchanged at $2,343.63 per ounce as of 0726 GMT. Weekly gold prices are up 0.4%, and monthly prices are up 2.5%.U.S. gold futures are flat at $2,341.80 per ounce. Monthly gains are driven by central bank buying and geopolitical risks. Market is…
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Gold Analysis: After re-examining gold on the 2-hour timeframe, we see that, as expected, the price grew up to $2351 (the critical supply zone of $2350 to $2360) and then began to decline from that area! The price has dropped to $2342, resulting in a total yield of over 450 pips from this analysis up to…
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Gold Analysis: By examining the gold chart on the 2-hour timeframe, we observe that the price, as expected, began to decline and hit the target of $2325. Ultimately, after collecting liquidity below $2325, it faced demand pressure again and is currently trading in the range of $2345! It is likely that we will first witness gold…
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Gold News Spot gold eased 0.2% to $2,333.22 per ounce as of 0836 GMT. U.S. gold futures fell 0.8% to $2,323.40. Gold prices have fallen over $100 since hitting a record high of $2,449.89 on May 20. Traders anticipate the Federal Reserve keeping rates higher for longer, impacting the opportunity costs of holding gold. Hawkish…
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Gold Analysis: By examining the gold chart on the 2-hour timeframe, we observe that after our last analysis today, the price first grew to $2346 and then experienced a significant drop to $2334. Overall, the return on this analysis has been over 290 pips so far. If the price can penetrate below $2330 and stabilize, we…
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Tesla Analysis : By examining the #Tesla chart, we see that the price is still trading around $176, and the assumptions of the previous analysis remain valid. I still expect a decline, with the targets being $168, $139, and $119, respectively. (This analysis will be updated)(This Post on TradingView) Author : Arman ShabanTo see more analyzes of Gold , Forex Pairs…
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Gold Analysis: By examining gold in the 2-hour time frame, we see that the price, after growing up to $2364, faced a heavy fall and finally managed to hit the target of $2340! Currently, gold is trading in the range of $2,345, and we may see a further drop in gold today!(This Post on TradingView) Author : Arman ShabanTo see more…
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Gold News Gold Futures Decline: Gold futures dropped by 0.2% to $2,352.7 per troy ounce. Federal Reserve Commentary : Several Federal Reserve officials made statements that dampened hopes for monetary policy easing. U.S. Dollar Recovery : The precious metal’s decline is influenced by a modest recovery in the U.S. dollar. Interest Rates : Minneapolis Fed…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 4-hour timeframe, we observed that the price initially declined to 1.08130, following the predicted analysis. Subsequently, based on our analysis, it resumed an upward trend. Currently, after several rounds of liquidity accumulation, it is trading around 1.08780. Notably, traders are closely watching the current price level to…
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