Gold Analysis: As you can see, based on the latest gold price analysis, we saw that the price, as we expected, was accompanied by a further drop and was able to correct until $2009! In the last 2 days, we saw the price rise to $2149 and then a heavy drop of 1373 pips to…
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What is ADP Non-Farm Employment Change and its effects on the Forex market and Gold Price ? ADP Non-Farm Employment Change is an economic indicator that shows the monthly change in the number of employed people in the private and non-farm sector of the US. This indicator is based on the payroll data of about…
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Gold Analysis: As you can see, according to our expectations, the price of gold started to fall from yesterday and until this moment, it has been able to fall by more than 500 pips to the range of $2020! There are 3 days and 10 hours left until the market closes, and on Friday we…
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Gold Analysis: With the new analysis of gold in the weekly time frame, we see that after about 4 years, gold recorded its highest historical price ceiling, that is, the price of $2149! Before this, the highest historical ceiling was formed in 2020 due to the epidemic of COVID-19! Considering that it was the fourth…
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Gold Analysis: As you can see, we are in the final hours of the market, and according to our analysis, gold could not penetrate below $2031, and this caused it to start growing from the range of $2034 and now finally hit the target of $2066! I hope you enjoyed this week’s analysis and always…
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Gold Analysis: By examining gold in the 12-hour time frame, we can see that the price is trading in the range of $2035 and has taken on a downward trend. If the price manages to penetrate below $2031, we may see a further drop in gold! Its possible targets will be $2029, $2020 and $2004!…
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Gold Analysis: As you can see, the price of gold is still trading above the range of $2035, and with the news that is in front of the market today, we are likely to see a strong movement and determine the next trend! If today’s Unemployment Claims statistics are lower than the expected rate and…
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Gold Analysis : By checking the price of gold in the 12-hour time frame, we saw that the price finally hit the target that we have been talking about for several weeks! Last night, gold managed to grow up to $2052 with a stunning growth and from the range of $1931, which was an important demand zone,…
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Gold Analysis : By examining gold in the 12-hour time frame, we see that the price is trading in the range of $2015 and we saw that the price managed to close above $2010 last night! Considering the price movement, I expect that soon we will see the price rise to higher targets such as…
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The Flash Manufacturing PMI is a preliminary estimate of the Purchasing Managers’ Index (PMI) for the U.S. manufacturing sector, based on a survey of purchasing managers from around 800 manufacturers. The Flash Manufacturing PMI can affect the forex market by influencing the demand and supply of the U.S. dollar, which is the world’s reserve currency…
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