Gold News Gold is trading near $4,341, pushing closer to its all-time high after a strong recent rally. The move is driven by expectations around the Federal Reserve’s next steps as markets await key U.S. jobs and inflation data. Ongoing central bank buying, solid ETF inflows, and shifting demand away from bonds and currencies continue…
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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 hit all the targets we discussed. Gold even pushed into the $4300 range and rallied up to $4345. When price came close to its ATH at $4380, sellers stepped in and we saw a…
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Gold News Gold has officially broken above $4,300, now trading near $4,330 — up +1.18% on the day. The breakout follows the Fed’s third rate cut, pushing real yields lower and reviving appetite for gold as a hedge. A weaker U.S. dollar and falling opportunity cost continue to fuel strong momentum in metals, with silver…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that after Powell’s speech the price made a small pullback and then continued moving higher, reaching $4247. Once gold entered the $4241 to $4259 supply zone, selling pressure appeared and pushed price down to $4204. Right now gold is trading around…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that price is still moving sideways inside the same range and has not chosen a clear direction yet. Even so, the previous analysis played out and gold dropped about 350 pips before bouncing back to the 4220 supply zone, where it…
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GBP/USD Analysis: By analyzing the #GBPUSD chart on the 4 hour timeframe, we can see that price followed the previous analysis perfectly and rallied more than 200 pips, reaching the 1.338 zone. After that strong move, GBPUSD pulled back and is now trading around 1.33080.If price breaks below the 1.33050 zone, I expect a much deeper…
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EUR/USD Analysis: By analyzing the #EURUSD chart on the 6 hour timeframe, we can see that price climbed into the 1.168 supply zone exactly as expected and immediately faced strong selling pressure. This drop pushed EURUSD down to 1.1616, and it is now trading around 1.16345. If EURUSD can stay below 1.165 during the next 12…
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Gold News Spot gold recently traded at about $4,174.91/oz after a slight dip on the back of rising Treasury yields and dollar strength. Sentiment remains fragile ahead of the upcoming Federal Reserve (Fed) policy decision,with many traders staying on the sidelines until clearer signals emerge. Some analysts are flagging the risk that current gold valuations…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that price continued its bullish move and successfully reached the targets at $4240, $4250, and $4255, even spiking to $4259 before pulling back. After grabbing liquidity above those levels, gold corrected sharply down to $4192 and is now trading around $4209.…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that price successfully stabilized above $4192 after yesterday’s analysis and started moving exactly as expected. Gold has already delivered more than 480 pips and even pushed up to $4239. Right now it is trading around $4230, and if it can break…
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