Gold Analysis: By analyzing the #Gold chart on the 6H timeframe, we can see that after the previous analysis, price pulled back toward the important $4670 supply area and reacted negatively exactly from this zone. Following that rejection, Gold moved lower again and is currently trading around $4615. For now, the short-term corrective scenario from the…
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Gold Analysis: By analyzing the #Gold chart on the 6H timeframe, we can see that price once again followed the bullish scenario almost perfectly. Gold extended its rally all the way toward $4697, coming just a few dollars away from the major $4700 level. After reaching this area, sellers stepped in and Gold started correcting, with…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price reacted exactly as expected from the key demand area. Gold reversed sharply from around $4325 and has rallied all the way toward $4424 so far, delivering more than 980 pips of movement from the previous analysis. Currently, Gold is trading…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, price initially continued higher as expected, reached our $4430 target, and even extended toward $4436. However, the bullish move lost momentum from there and Gold entered a deeper correction, dropping as low as $4351 today. The most…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price once again followed the expected scenario almost perfectly. Gold first entered a deeper correction and dropped toward the $4310 region, where strong demand stepped in. After that reaction, buyers regained control and pushed Gold aggressively higher, with price reaching above…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price continued its bullish move after our previous analysis and managed to reach the $4440 region. Currently, Gold is trading around $4414. The $4435 – $4450 area is a strong supply zone, so I would not be surprised to see another…
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USD/JPY Analysis : By analyzing the #USDJPY chart on the Daily timeframe, we can see that the market experienced an extremely aggressive move after Japanese authorities stepped in to support the Yen. USDJPY collapsed from the 163+ area toward the 157 region in a very short period of time, showing just how violent the intervention-driven move…
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Bitcoin Analysis: By analyzing the #Bitcoin chart on the weekly timeframe, we can see that BTC has been trading around the $60K area for almost 10 weeks without establishing a clear directional trend. This kind of market can become extremely boring, but many times the real move begins exactly when most traders lose patience. Currently, Bitcoin…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price continued its bullish move today and rallied as high as the $4300 region. After reaching that level, Gold entered a corrective phase and dropped toward $4223. However, buyers stepped in again and price managed to recover back toward the $4248…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price delivered a powerful bullish move and successfully reached all the upside targets mentioned in the previous analysis. Once Gold reached the $4180 region, sellers stepped in and pushed price back toward $4150. However, buyers regained control and price rallied again,…
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