Gold Analysis: By examining gold in the 2-hour time frame, we see that the price, after growing up to $2364, faced a heavy fall and finally managed to hit the target of $2340! Currently, gold is trading in the range of $2,345, and we may see a further drop in gold today!(This Post on TradingView) Author : Arman ShabanTo see more…
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Gold News Gold Futures Decline: Gold futures dropped by 0.2% to $2,352.7 per troy ounce. Federal Reserve Commentary : Several Federal Reserve officials made statements that dampened hopes for monetary policy easing. U.S. Dollar Recovery : The precious metal’s decline is influenced by a modest recovery in the U.S. dollar. Interest Rates : Minneapolis Fed…
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EUR/USD Analysis: By analyzing the EUR/USD chart on the 4-hour timeframe, we observed that the price initially declined to 1.08130, following the predicted analysis. Subsequently, based on our analysis, it resumed an upward trend. Currently, after several rounds of liquidity accumulation, it is trading around 1.08780. Notably, traders are closely watching the current price level to…
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Gold Analysis: After reviewing the gold chart again, we observe that the price has started to rise after the last analysis. However, once it reached $2364, it faced selling pressure and is currently trading around $2349 with a decline of more than 140 pips. The previous analysis remains valid!(This Post on TradingView) Author : Arman ShabanTo see more analyzes of Gold…
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Gold Analysis: By examining gold in the 2-hour time frame, we observe that the price started to grow exactly as expected until it filled its important FVG. However, after entering this range, we noticed that gold experienced a decline and managed to decrease by more than 180 pips to $2340! Currently, the price is trading around…
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Gold News Gold Prices: Gold fell to $2,340 as the DXY (U.S. Dollar Index) rose, with investors looking ahead to key U.S. inflation data that could provide insights on the timing of potential Federal Reserve interest rate cuts. Market Focus: Investors are awaiting key U.S. inflation data that may influence the Federal Reserve’s interest rate…
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Tesla Analysis : By diving into the #Tesla stock chart, we can observe that the price has reached a critical supply zone. The pattern emerging on the chart suggests that a significant downturn in Tesla’s stock could be imminent. However, keep an eye on the crucial resistance at $199—if the price breaks and holds above this…
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Gold Analysis: By checking the gold chart in the 2-hour time frame, we see that the price is moving towards the FVG range indicated on the chart ($2350 to $2360) as expected! With the price entering this range, we can expect more correction of gold! So be sure to keep an eye on this range today!(This Post on TradingView)…
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Gold News Gold futures rose 0.2% to $2,339.9 a troy ounce. This increase follows losses from Friday’s session, which closed at a two-week low. Focus is on the upcoming U.S. Personal Consumption Expenditures (PCE) price index, due Friday. The PCE index is the Federal Reserve’s preferred inflation measure and may indicate future monetary easing. High…
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Gold Analysis: Upon analyzing the XAU/USD chart in the 2-hour timeframe, we observe that the price declined from $2370 to $2325! Subsequently, gold rebounded with demand and is currently trading in the range of $2340. It’s possible that after an upward movement, we might witness further decline in gold prices. Keep an eye on the price…
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