Gold News Gold dips slightly amid dollar strengthSpot gold eased by ~0.2% to $3,384.49/oz, as the U.S. dollar firmed. Still, fears over Trump’s threat to fire Fed Governor Lisa Cook capped the downside. Fed uncertainty supports floor under pricesThe political heat around the Fed’s independence is keeping safe-haven buying alive. Markets eye key resistance zonesAnalysts…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that the price initially followed our first scenario and, after stabilizing below $3379, we witnessed a strong drop to $3351, securing nearly 280 pips of profit. After hitting $3351, demand surged sharply, pushing the price up to $3386, successfully reaching our bullish…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 4-hour timeframe, we can see that the price is currently trading around 1.165 and has so far managed to hold above the 1.16 support zone. Based on the current trend and momentum, I expect a potential bullish move toward higher levels, with targets above 1.17. All the…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after Jerome Powell’s speech on Friday, where he hinted at the possibility of upcoming interest rate cuts, gold experienced a strong bullish rally and surged up to $3379! Currently, gold is trading around $3373, and if the price manages to stabilize…
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Cardano Analysis: By analyzing the #Cardano (ADA) chart on the 3-day timeframe, we can see that the price has surged exactly as expected, beautifully hitting all three targets at $0.85, $0.93, and $1! This move delivered an impressive 48% return. Following Jerome Powell’s remarks about the possibility of interest rate cuts in the coming months, Cardano…
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Gold Analysis: Based on the 4-hour gold chart, we can see that the price was strongly rejected from the $3348 zone, exactly as anticipated, and dropped to $3321—successfully hitting both targets at $3334 and $3324, delivering over 250 pips of profit! Currently, gold is trading around $3328, and I expect another bearish wave to follow soon.…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that the price, as expected from our previous analysis, continued to drop and corrected down to $3311 with over 200 pips of decline, hitting both $3323 and $3314 targets. Now gold is trading around $3342, and if the price can stabilize below…
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Gold Analysis: Following our previous analysis, gold first rallied to $3375 before facing a sharp drop, reaching $3333 today delivering nearly 400 pips in returns. The $3333 level is currently acting as a psychological support, and we’ll be watching closely to see if it breaks. A confirmed break below could open the way for a drop…
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Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that after correcting down to the $3331 demand zone, price faced strong buying pressure and is now trading around $3357. If gold manages to hold below $3367, we could expect a stronger drop, with downside targets at $3342, $3331, and $3323. This…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that today the price started its decline from $3397 and corrected down to $3344. After sweeping the liquidity below the $3350 zone, gold faced strong buying pressure and is now trading around $3358. If gold manages to hold above $3355, we…
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