Gold News Gold Futures : Gold prices increased by 0.45% to $2,321.4 per troy ounce, with a rebound from a four-week low, following softer-than-expected remarks from the U.S. Federal Reserve. MUFG’s Forecast : MUFG has a strong bullish stance on gold, predicting a year-end price of $2,350 per ounce, which is now considered a modest…
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Gold Analysis: Upon reviewing the gold chart in the 2-hour timeframe, we observe that, as per our primary analysis and expectations, the decline continued and managed to correct down to $2281! As we had marked on the chart two weeks ago, the range of $2268 to $2284 was an important demand zone where we expected the…
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GBP/USD Analysis: By checking the GBPUSD chart, we can see that the price started to fall from the range of 1.257 and was able to correct up to 1.247 and it brought us about 100 pips of profit! Now I expect the price to move up first and then we will probably see a further drop…
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EUR/USD Analysis: By checking the EURUSD chart, we can see that the price started to fall exactly from the range we specified, and with more than 85 pips, it was able to correct up to 1.065! Due to the fact that the price has entered a demand range, we may see a short growth of EURUSD,…
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Gold News Gold Prices : Spot gold remained near a four-week low, flat at $2,285.69 per ounce as of the latest update, following a drop due to a stronger dollar and U.S. Treasury yields. Recent Low : The price had fallen over $140 from a record high of $2,431.29 on April 12. U.S. Gold Futures…
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Gold Analysis: By checking the gold chart in the 2-hour time frame, we see that as we expected, gold corrected to $2303 and grew from the same area by 100 pips to $2313! After that, gold fell again (the main trend) and was able to correct up to $2291, the overall yield of this analysis has…
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Gold Analysis: The $2320 and $2313 target reached ✅, yielding more than 350 pips since yesterday! I hope you took advantage of it! by Reviewing the gold chart, we see that the price started to fall from the $2346 range and has managed to correct down to $2311 with a drop of over 350 pips to…
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Gold Analysis: Upon reviewing the gold chart, we observe that after the price managed to drop to $2320, it encountered some relative demand and rose again. Following the price increase to the $2344 level, we saw that gold once again experienced a decline, correcting down to $2328. The $2329 area is a demand zone, which is…
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EUR/USD Analysis: By checking the EURUSD chart, we can see that the price entered the red supply range on the chart exactly as expected and then fell with 36 pips. We have to see if the price will stabilize below the desired supply range or not!(this post on tradingview) Author : Arman Shaban To see more analyzes of…
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