Gold Analysis: By analyzing the 4-hour gold chart, we observe that after reaching $2717, the price was rejected as expected, followed by a 280-pips correction down to $2689, hitting our identified target. Currently, gold is trading around $2707. If it stabilizes below $2710, we could anticipate further declines. Otherwise, gold might rise toward $2714, $2717, and…
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Gold News Gold Prices: Gold rose to $2,711.29 per ounce on Monday, supported by a weaker dollar, while U.S. gold futures traded at $2,752.40. Key Drivers: Investors are awaiting Donald Trump’s inauguration speech for clarity on trade policies, inflation outlook, and the Federal Reserve’s future interest rate decisions. Dollar Impact: A weaker dollar boosts gold’s…
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Gold Analysis: Analyzing the 4-hour gold chart, we observe that after rising to approximately $2725, gold underwent a correction down to $2703. Currently, gold is trading around $2708, and the key level to watch over the next two hours is $2717. If gold fails to breach and stabilize above $2717, we may expect further corrections. Alternatively,…
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USD/JPY Analysis : By analyzing the USD/JPY daily chart, we observe that after a significant drop to 155 (yielding 320 pips), the price has reacted to a key psychological level and is currently in a pullback phase. Following a short upward move, we can look for a suitable trigger to align with another potential downside move.…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the three-day timeframe, we observe that the price is still trading around the 1.030 level, and I expect an upward move from this pair soon. With the Dollar Index likely to decline further, this could support EUR/USD’s growth. As mentioned in the previous analysis, the key upside target…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we observe that following the release of Retail Sales and Unemployment Claims, the Dollar Index (DXY) dropped, leading to a rally in gold. As a result, the previous scenario did not materialize and has fully failed. Gold is now trading around $2724, and with its…
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USD/JPY Analysis : By analyzing the USD/JPY daily chart, we can see that the price has finally hit the 156.250 target and continued its heavy decline following a prolonged bullish wave. So far, it has corrected by over 300 pips, reaching 155.10. This analysis remains valid, and I expect further declines in the medium term. I…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the three-day timeframe, we observe that the price is still in an uptrend, currently trading around the 1.030 level. If the price holds above the 1.020 demand level, further growth can be expected, with an initial target of 1.044. So far, the total gain from this analysis has…
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Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we see that, as anticipated, the price experienced another strong rally, breaking above $2700. Today, gold reached $2711 before encountering a bearish order block, triggering a correction. Currently, it is trading around $2703. With key reports like Retail Sales and Unemployment Claims ahead today, gold…
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Gold News Gold Prices Steady: Spot gold held at $2,696.69 after hitting over one-month highs. U.S. gold futures rose 0.3% to $2,726.60. Core Inflation Data Impact: Softer U.S. core inflation data lowered expectations of aggressive rate cuts, boosting demand for gold as a safe-haven asset. Reduced inflation lifted hopes of a less restrictive Fed policy,…
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