Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that yesterday the price resumed its rally as expected, reaching $3,703 and printing another new ATH. After that, it corrected down to $3,678, where strong demand stepped in, pushing the price back up to $3,695.5. Currently, gold is trading around $3,685. With…
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Gold News Gold hits ATH of $3,702.95/ozSpot gold surged to a new record $3,702.95 earlier in the week. Now it’s pulled back a bit, trading around $3,663.93/oz. Fed rate cut priced in, dollar weakensMarkets are widely expecting a 25bps rate cut from the Fed. A softer U.S. dollar and lower Treasury yields are boosting gold’s…
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Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that the price moved exactly as expected over the past two sessions. After correcting down to $3,674, this key support level held strong and prevented further decline. From there, gold resumed its rally, reaching $3,699.44 and printing a new ATH. Currently, gold…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 6-hour timeframe, we can see that the price has entered the 1.179–1.1810 supply zone and so far has shown a negative reaction. However, this move alone is not enough — we need to see a stronger drop and a confirmed close below 1.179 before expecting a deeper…
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Gold News Gold hits new ATH at ~$3,689.27/oz! Spot gold surged to a record high of $3,689.27/oz before pulling back slightly to around $3,683.28/oz, driven by rate‑cut hopes and a weakening dollar. Fed rate cut expectations intensifyMarkets are leaning toward a 25 basis point cut at the upcoming Fed meeting, possibly more, given soft U.S.…
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Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that the price broke the key $3,657 level, just as expected, and today it even printed a new ATH at an impressive $3,685! As you know, this week is the interest rate decision week, and markets are preparing for a rate cut…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 6-hour timeframe, we can see that after dropping to 1.166, the price gained demand again and is now trading around 1.177. Ahead, there is a key supply zone between 1.179 and 1.1810, and we need to carefully watch how the price reacts to this area. The important…
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Cardano Analysis: By analyzing the Cardano (ADA) chart on the 3-day timeframe, we can see that the price continued its rally as expected, hitting the $0.93 target and even climbing to $0.95 before making a small correction. Currently, ADA is trading around $0.86. As long as the price holds within the $0.80–$0.85 range, we can expect…
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Gold News Spot gold near record high: ~$3,650/ozGold is trading ar• Spot gold holding near $3,645/ozGold is trading around $3,644.07‑$3,644.98/oz today. ATH still $3,673.95Last week, gold hit its all‑time high at $3,673.95/oz but has since retraced as profit‑taking kicked in. Fed rate cut expected, dollar modestly firmerMarkets are still expecting a 25 bps cut at…
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Gold Analysis: By analyzing the gold chart on the 12-hour timeframe, we can see that after our last analysis, the price continued to rise and reached $3,657. Once it hit this key level, gold pulled back to around $3,638. Currently, it is trading near $3,652. Based on the main analysis, only if the price holds below…
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