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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EUR/USD Analysis: By analyzing the #EURUSD chart on the 6 hour timeframe, we can see that after reaching our expected supply zone, price pulled back and is now trading around 1.1619. If EURUSD can break above the 1.165 resistance with strong momentum, we can expect further upside. This analysis will be updated soon.(this post on tradingview)…
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GBP/USD Analysis: By analyzing the #GBPUSD chart on the 2 hour timeframe, we can see that price pulled back deeper than expected and is now trading around 1.3200. Over the next 4 hours we need to see whether GBPUSD can hold above this level or not. If it stabilizes above 1.3200, a bullish move is likely.…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that price made a strong bullish jump today, pushing all the way up to $4264 before showing signs of exhaustion and pulling back. This reaction is typical after such an aggressive move, especially when price taps into short-term liquidity pockets and…
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EUR/USD Analysis: By analyzing the #EURUSD chart on the 6 hour timeframe, we can see that price is currently trading around 1.164. I expect a short pullback first, and after that EURUSD could climb again toward the 1.169 zone. Once price reaches the supply area I’m watching, another correction is likely. This analysis will be updated…
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GBP/USD Analysis: By analyzing the #GBPUSD chart on the 2 hour timeframe, we can see that price dropped exactly as expected and successfully hit the 1.32130 target, even dipping briefly to 1.3200. After that move, GBPUSD bounced and is now trading around 1.325.I expect a small pullback first, but after that the pair could push higher…
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Gold News Key Highlights Gold jumped to around $4,240 per ounce, highest in about 5 weeks. The rally is driven by rising bets on an imminent Federal Reserve rate cut, weakening the dollar and boosting gold’s appeal as a non-yielding asset. A softer dollar, following dovish Fed sentiment and easing yield pressure, adds fuel to…
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GBP/USD Analysis: By analyzing the #GBPUSD chart on the 2 hour timeframe, we can see that price moved exactly as expected. After the initial drop, #GBPUSD pushed back up, grabbed the liquidity above 1.325 in a clean stop hunt, and then reversed sharply.Right now the pair is trading around 1.323. As long as price stays below…
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