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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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that price followed the previous analysis perfectly and hit the first target at $4240, even pushing slightly higher to $4242. After that move, gold pulled back and corrected all the way down to $4175. Right now gold is trading around $4192,…
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Ethereum Analysis: ETH reacted perfectly to the 2100 to 2600 demand zone and the move played out exactly as expected. After the pullback the buyers stepped in and pushed the price all the way to 3150 and right now Ethereum is trading around 3100. The broader bullish setup is still valid and as long as ETH stays…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that after yesterday’s analysis, price pulled back into the 4181$ to 4187$ demand zone and held exactly as expected. Gold then bounced strongly and is now trading around 4223$ with more than a 400 pip move. All previous assumptions are still…
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