Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the recent volatility, the initial bearish move played out as expected, although price dropped slightly deeper than anticipated. Currently, Gold is trading around the $4025 region. In my view, we may first see a short-term pullback before the next bullish…
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Brent Oil Analysis: By analyzing the #BrentOil chart on the weekly timeframe, we can see that after a long wait, the scenario we had been tracking finally played out. From the major $119 high, Brent Oil entered a heavy bearish phase over the past few weeks and eventually dropped all the way toward the $72 region.…
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Bitcoin Analysis: By analyzing the #Bitcoin chart on the Weekly timeframe, we can see that Bitcoin is currently trading around the $59,900 region and remains at one of the most important demand zones on the chart. The key question now is whether buyers can reclaim and stabilize price back above the psychological $60,000 level. For…
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Bitcoin Analysis:By analyzing the #Bitcoin chart on the 4H timeframe, we can see that the cryptocurrency market has entered one of its deepest corrective phases in recent years. Bitcoin, as the leader of the market, has now declined more than 50% from its all-time high and today briefly dropped to the $58,000 region. At this…
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Gold Analysis: By analyzing the #Gold chart on the 12H timeframe, we can see that Gold remains relatively sluggish and lacks strong momentum. During today’s session, price entered the major demand zone between $4023 and $4119, where buyers stepped in once again and pushed Gold higher toward the $4145 region. Currently, Gold is trading around $4136…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after our previous update, Gold once again respected the key demand area perfectly. After dipping toward the $4122 region, buyers stepped in aggressively and pushed price all the way up to $4221, delivering nearly a 1000-pip recovery. Currently, Gold is trading…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after our previous update, Gold extended its decline and pushed into lower demand levels. Once price reached the $4123 region, buyers stepped in aggressively and triggered a rebound toward $4183. However, bulls failed to maintain control and sellers regained momentum once…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after our previous update, Gold failed to deliver any significant move and spent the last session consolidating around the $4320 region. Currently, Gold is trading around $4323 and the market is clearly waiting for today’s FOMC meeting before committing to the…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after our previous update, Gold continued moving lower and dropped toward the $4307 region. Currently, Gold is trading around $4318 and short-term momentum has turned bearish again. In my view, if the next candle manages to close below the key $4300…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again respected the scenario discussed in our previous update. Before any deeper correction could develop, comments from Trump triggered a strong rebound and Gold rallied from around $4,080 all the way up to $4,246. More importantly, this rally successfully…
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