Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after rising to $4525, price corrected and dropped to $4471. After that drop, strong demand stepped in again and gold is now trading around $4488. If price can stabilize above $4479, I expect further upside in gold. Based on the main…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that price moved exactly as expected. Gold pushed into the $4440 to $4444 zone, faced selling pressure there, but only corrected to $4412 before strong demand stepped in again. Yesterday, gold rallied sharply and printed a new ATH at $4497. After that…
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Gold Analysis: By analyzing the #Gold chart on the 4H timeframe, we can see that after the analysis we posted on Thursday, price first had a small correction and then resumed its move higher. With the market reopening today, gold showed strong momentum and finally broke above $4400, printing a new all-time high. Price reached as…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that price moved exactly as expected and continued higher. Gold successfully hit the $4351 and $4359 targets and even pushed up to $4375. Based on the main analysis, the next key target is a new all time high above $4382.…
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EUR/USD Analysis: By analyzing the #EURUSD chart on the 6 hour timeframe, we can see that price moved exactly as expected and started to rise from the level we were watching. EURUSD is now trading around 1.17430, and if price can stay and stabilize above the 1.17 level, I expect further upside. The next potential bullish…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that yesterday price dropped exactly as expected and corrected down to $4271, delivering more than 550 pips of profit. After this decline, gold again reacted as planned and started to move higher. Right now gold is trading around $4335 and I…
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EUR/USD Analysis: By analyzing the #EURUSD chart on the 6 hour timeframe, we can see that price moved up as expected and reached the supply zone between $1.178 and $1.182. As soon as price hit this key area, selling pressure appeared and EURUSD dropped to $1.17. After reaching this level, buyers stepped in again and demand…
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GBP/JPY Analysis: By analyzing the #GBPJPY chart on the 4 hour timeframe, we can see that the price dropped to 206.77 as we expected in our previous analysis. Then, buying interest increased again, and so far it has risen to 207.89. Soon, we should see the price reach the supply zone between 208.13 and 208.57. Keep…
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GBP/USD Analysis: By analyzing the #GBPUSD chart on the 4 hour timeframe, we can see that price has once again entered the supply zone between $1.34320 and $1.34720. After reaching this key area, selling pressure stepped in and price dropped to $1.34. At the moment, #GBPUSD is trading around $1.342. If price can stay below this…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that yesterday price dropped exactly as expected and corrected down to $4271, delivering more than 550 pips of profit. After this decline, gold again reacted as planned and started to move higher. Right now gold is trading around $4335 and I…
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