Gold Analysis: By Analyzing the #Gold chart on the 4-hour timeframe, we can see that the price moved as expected, starting its decline from the $2657 zone and hitting the targets of $2649, $2643, $2630, and $2616, delivering a gain of around 400 pips. However, the price didn’t stop there and extended its sharp drop, finally…
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Gold News Gold Prices Decline: Gold fell to $2,590 per ounce, its lowest in a month, driven by a stronger US dollar and reduced demand for safe-haven assets. Shift to Risk Assets: Investors are moving toward risk assets, assessing Trump’s election impact on fiscal strategies and monetary policy. Inflation Expectations Rise: Potential tariffs under Trump…
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Gold Analysis: We can observe that after reaching $2699 again, gold faced selling pressure and has corrected down to $2659 so far. Considering that both the New York and Canadian markets are closed today, we are likely to see the next significant move tomorrow. Considering the current price trajectory, we need to see how gold reacts…
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Gold News Gold prices dropped to around $2,660 per ounce, marking a second consecutive session of declines. The decline is driven by market focus on upcoming U.S. inflation data and Federal Reserve speeches for clues on interest rate decisions. Last week, the Federal Reserve cut interest rates by 25 basis points but signaled caution on…
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This document is a comprehensive guide to mastering gold scalping, offering advanced strategies and techniques to excel in this fast-paced and challenging trading approach. Key Topics Covered: Download the file to explore detailed insights and strategies that can elevate your gold scalping skills! Author : Arman ShabanTo see more analyzes of Gold , Forex Pairs , Cryptocurrencies…
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Gold Analysis: Analyzing the #Gold chart in the 4-hour timeframe, we see that, as expected, gold surged from the $2670 zone and successfully filled the FVG (Fair Value Gap) marked on the chart. This analysis has yielded over 400 pips of profit so far. After reaching $2710 and filling the gap, the price corrected back to…
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Gold News Gold held near $2,700 after the Fed announced a second quarter-point rate cut this year, lowering the federal funds range to 4.50%-4.75%. The Fed cited signs of labor market softening and noted that inflation is nearing its 2% target but remains elevated. Fed Chair Jerome Powell avoided clear guidance on future rate moves,…
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Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we see that yesterday’s bearish trend played out as expected, hitting all downside targets at $2717, $2700, and $2686, even extending further to $2643. This aggressive decline resulted in over 1000 pips of movement within a single day. Currently trading around $2670, gold faces a significant…
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Gold Analysis: By analyzing the #Gold chart in the 1-hour timeframe, we observe that yesterday, as anticipated, both targets of $2745 and $2748 were achieved, with the price even climbing to $2750. After collecting liquidity above these levels, gold experienced a sharp decline following the announcement of Donald Trump’s presidency, dropping to $2701. The price quickly…
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Gold Analysis: By analyzing the #Gold chart in the 1-hour timeframe, we can observe several reactions to the demand levels we identified. Yesterday, we saw an initial bounce from the $2733 zone, with a 70-pip rise taking it close to $2740. Later, this morning, the price dipped below $2730 and reached the $2727 zone, where it…
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