Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that last night price suddenly dropped more than $180 and entered the $4870 area. After that, Gold made a strong rebound and rallied back to $4999, where it reacted to the psychological $5000 resistance. Today, after another pullback to $4935, CPI data…
Read more
EUR/USD Analysis: By analyzing the #EURUSD chart on the 1-hour timeframe, we can see that after the CPI release, the euro started to move higher and entered the 1.18780 to 1.18900 supply zone. The first reaction from this area was negative, and price pulled back to 1.18600. Right now, EURUSD is still trading close to this…
Read more
Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that price is still moving inside a neutral range and not following a clear trend yet. The $5120 zone remains a very important and decisive level for Gold’s next move. If price manages to push back toward this key level and break…
Read more
Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that following the NFP release, price sharply dropped toward the $5020 level. However, this move was quickly absorbed by strong demand, and buyers stepped in aggressively. After this reaction, Gold recovered and is now trading around the $5085 area. The strong bounce…
Read more
Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that after a small pullback yesterday, price made a strong move toward the $5086 resistance. Gold successfully broke this level and rallied up to $5121. After reaching this important zone, price faced selling pressure and is now trading around $5076. Key demand…
Read more
Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that after our last analysis, price first corrected down to $4994 and almost hit the first two bearish targets. After that, gold reversed and pushed higher again, this time rallying above $5080. Once price reached $5086, it faced strong selling pressure and…
Read more
Gold Analysis: By analyzing the #Gold chart on the 30-minute timeframe, we can see that price moved exactly as expected yesterday and hit the $4,876 target, even extending up to $4,907. This move delivered more than 580 pips of profit. After reaching $4,907, gold corrected sharply and dropped to $4,655. Once price reached this key demand…
Read more
Gold Analysis: By analyzing the #Gold chart on the 30-minute timeframe, we can see that after our previous analysis, price moved exactly as expected and first corrected down to $4,790. After reaching this key level and sweeping the liquidity below it, gold turned bullish again and is now trading around $4,850. If price can stabilize above…
Read more
Gold Analysis: By analyzing the #Gold chart on the 30 minutes timeframe, the price first pulled back a little after our analysis two days ago, then buyers stepped in strongly again. As expected, it reached the $5000 target once more and is now trading around $5053.The rise has been slower than the earlier drop, which means…
Read more
Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that after a very strong rally, gold printed a historic high near $5600. Once price reached this level, it faced heavy selling pressure and experienced a massive historical drop of more than $1200, falling all the way to $4400, which equals…
Read more
