Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after our previous update, Gold continued moving lower and dropped toward the $4307 region. Currently, Gold is trading around $4318 and short-term momentum has turned bearish again. In my view, if the next candle manages to close below the key $4300…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again respected the scenario discussed in our previous update. Before any deeper correction could develop, comments from Trump triggered a strong rebound and Gold rallied from around $4,080 all the way up to $4,246. More importantly, this rally successfully…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again followed the bearish scenario discussed in our previous update. Gold successfully reached the $4100 downside target and extended its decline even further, printing a fresh low around $4023 before rebounding modestly. Currently, Gold is trading around the $4081…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again followed the bearish scenario discussed in our previous update. Gold successfully reached both the $4200 and $4150 downside targets that we highlighted yesterday, bringing the total return from this week’s setups to more than 2200 pips. Currently, with…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again respected the bearish scenario discussed in our previous update. After recovering toward the $4364 region, sellers aggressively stepped back into the market and triggered another heavy sell-off. As a result, Gold collapsed sharply and reached a fresh low…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again followed the scenario discussed in our previous update. After reacting perfectly from the supply zone we highlighted, Gold entered another aggressive sell-off. As expected, sellers regained control from the upper supply area and price collapsed sharply, reaching a…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that this time the bullish continuation scenario did not materialize. However, price reacted beautifully from the exact supply zone that we had highlighted in the previous update. After reaching the $4515 supply area, sellers stepped in aggressively and completely rejected the bullish…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price initially continued lower after the previous update and printed a fresh low around $4425. However, once again buyers stepped in aggressively from the demand zone and triggered a strong recovery. At the same time, several major geopolitical headlines supported the…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after the previous analysis, Gold once again respected the discussed zones. Price rallied sharply from the $4460 region and managed to reach the $4540 supply area before facing another wave of selling pressure. Following that rejection, Gold entered another corrective move…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price once again followed the expected scenario. After trading around the $4540 region, Gold rallied strongly toward $4594, completing all projected upside targets before running into heavy selling pressure. Following that rejection, Gold reversed sharply and closed Friday back near the…
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