Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after the previous analysis, price successfully defended our $4114 – $4145 demand zone and continued moving higher. Today’s NFP release added more volatility, pushing Gold as high as $4228, exactly sweeping the liquidity resting above our important $4220 target! After collecting…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after the previous analysis, Gold made only a limited correction and failed to break below $4100. Once price broke above the $4172 resistance, buyers pushed Gold all the way toward $4219. After reaching $4219, selling pressure returned and Gold is currently…
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Bitcoin Analysis: By analyzing the #Bitcoin chart on the weekly timeframe, we can see that after reaching around $87,400, BTC entered a correction and dropped toward $82,600. Buyers reacted from this area and pushed price back toward $85,000, while Bitcoin is currently trading around $83,500. The most important area now is the $80,500 – $82,400 demand…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after the previous analysis, Gold reacted positively from the $4110 – $4120 Bullish Breaker Block and completed the corrective move we were waiting for, reaching as high as $4162. Price is currently trading around $4153. The most important area right now…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that the bearish scenario played out beautifully. Gold reached all our downside targets at $4279, $4263, $4244 and $4234, then continued collapsing all the way toward $4114, delivering more than 1700 pips of movement today alone. Price has now reached an important…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after dropping again toward $4245, buyers stepped in and pushed price all the way to $4316. Once Gold reached this supply area, sellers reacted and price pulled back toward $4295. Right now, $4289 is the key level. If Gold closes a…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that the bearish scenario played out once again. Gold dropped as low as $4245, bringing the total return from the previous analysis to more than 1100 pips. Currently, Gold is trading around $4258 after a small reaction from demand. However, I…
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Bitcoin Analysis: By analyzing the #Bitcoin chart on the weekly timeframe, we can see that BTC is currently trading around $84,000, and nothing important has changed from the previous analysis. The key level remains $82,300. As long as Bitcoin holds above this area, I still expect another bullish move toward $87,500 and $90,000. The nearest demand…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after the previous analysis, price rallied toward $4397 but failed to maintain its momentum. With the new weekly session, selling pressure increased and Gold dropped as low as $4322. Currently, Gold is trading around $4351. My outlook is relatively neutral, but…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price followed our bullish scenario and rallied toward $4399. However, after reaching the important supply zone, sellers stepped in and pushed Gold back toward $4368. In my view, $4360 is now the key level. If Gold manages to close a 4H…
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