Gold News Gold holds ground near $3,748.41/ozSpot gold is stable at $3,748.41, after earlier volatility as U.S. economic data softened rate‑cut expectations. Rate‑cut hopes moderatedStronger U.S. data (e.g. declining jobless claims, robust Q2 GDP) cooled some expectations for aggressive Fed easing later in the year. Support from tariffs and safe‑haven buyingNew U.S. tariffs (effective Oct…
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Gold Analysis: By analyzing the #gold chart on the 1-hour timeframe, we can see that yesterday the price finally started a correction, dropping to $3,717. From this key psychological level, demand stepped in and pushed gold strongly up to $3,761. Currently, gold is trading around $3,740, but it hasn’t fully stabilized yet. For that, the…
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Silver Analysis: By analyzing the Silver chart on the 2-hour timeframe, we can see that, as expected, the price first tested the $44.47 resistance and then had a small pullback. After finding demand again around $43.65, silver continued its rally and managed to hit both targets at $44.60 and $44.80, even reaching as high as $45.07.…
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Cardano Analysis: By analyzing the Cardano (ADA) chart on the 3-day timeframe, we can see that the price started correcting as expected and has now reached $0.78, entering the key $0.68–$0.78 demand zone. Now we need to see whether this zone can stop ADA from dropping further. If the price holds in this strong demand area,…
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Ethereum Analysis: By analyzing the Ethereum chart on the weekly timeframe, we can see that the price is finally entering the $3,300–$3,900 demand zone. Soon, we should expect stronger buying pressure in this area. The possible upside targets for this move are $4,200, $4,600, $4,950, $5,500, and $6,000. Keep a close eye on how the…
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Undeads Analysis: By analyzing the Undeads (UDS) chart, we can see that after our last analysis, the price successfully hit the $1.88 target and then corrected. Currently, UDS is trading around $1.56. The $1.51–$1.56 zone is an important demand area. If the price can hold above this level within the next 8 hours, we can expect…
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Gold News Gold slips from record highSpot gold retreated to around $3,734.58/oz, down ~0.8%, after hitting a new all-time high of $3,790.82 earlier this week. Markets await key U.S. dataInvestors are watching upcoming PCE inflation and weekly jobless claims for clues on the Fed’s next policy steps. Rate‑cut expectations remain firmDespite the pullback, traders still…
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Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that, as expected from yesterday’s analysis, the price first dropped into the $3,748–$3,757 demand zone. Once it hit this key level, strong demand pushed gold up from $3,750 to $3,779. Currently, gold is trading around $3,762. We now need to see if…
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Silver Analysis: By analyzing the Silver chart on the 2-hour timeframe, we can see that after correcting down to $43.34, the price gained demand again and rallied more than 2.5%, reaching $44.47. Currently, silver is trading around $44.16. If the price breaks above $44.49, we could see another push higher, first retesting $44.47, and then aiming…
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Gold News Gold hits fresh ATH at $3,790.82/ozSpot gold climbed to a record $3,790.82 earlier in the session, before easing off slightly. Now it’s trading around $3,777.80/oz. Rate‑cut hopes & safe‑haven flows fueling the rallyExpectations for further U.S. rate cuts remain strong, while geopolitical uncertainty is pushing investors into gold as a hedge. Dollar steady,…
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