Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous update, price started to move higher and the bearish continuation scenario was invalidated. The market reacted strongly following Kevin Warsh’s hawkish remarks, the decision to keep interest rates unchanged, and today’s U.S. GDP and PCE data. Together, these…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, price first filled the initial FVG and then dropped toward $4049, eventually closing the week around $4052. At the beginning of the new week, Gold opened with a large bullish gap around $4090 and extended its rally…
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Brent Oil Analysis: By analyzing the #BrentOil chart on the weekly timeframe, we can see that after our previous analysis, Oil reacted perfectly from the major $102 supply zone and entered a strong corrective move. Following renewed ceasefire headlines, Brent opened this week with a massive bearish gap. Price closed last week around $98.69, but the…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, price continued lower and reached the $4021 region. After that decline, buyers stepped in and pushed Gold back toward $4063. However, this recovery remained limited and price has started correcting again. Gold is currently trading around $4047.…
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Brent Oil Analysis: By analyzing the #BrentOil chart on the weekly timeframe, we can see that price once again followed our scenario almost perfectly. After rallying toward $102 and entering the major supply zone we highlighted, sellers stepped in aggressively and pushed Brent Oil back down toward $97. This means Oil has corrected by roughly 4%…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after reaching the $4166 region, price finally entered the supply area where sellers became active. Gold then faced heavy selling pressure and dropped sharply toward $4040. Currently, price is trading around $4049. Considering the continued strength in Oil, I still believe…
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USD/JPY Analysis : By analyzing the #USDJPY chart on the Daily timeframe, we can see that price continued to follow the bullish scenario discussed in the previous analysis and managed to push toward the 164.00 region. Currently, USDJPY is trading around 163.85 after a minor pullback. Buyers are still maintaining control, and as long as price…
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Brent Oil Analysis: By analyzing the #BrentOil chart on the weekly timeframe, we can see that price continued to follow our bullish scenario and finally reached the major psychological $100 level. The original analysis was published on July 6, when Brent Oil was trading around the key $70 demand zone. At that time, I mentioned that…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that today’s price action was highly unusual. With Oil rallying toward $95, tensions around the Strait of Hormuz continuing to increase, and the conflict involving Iran escalating, Gold also delivered an exceptional bullish move toward $4163. For the first time in several…
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USD/JPY Analysis : By analyzing the #USDJPY chart on the Daily timeframe, we can see that price continued its strong bullish move and reached the 163.24 region, marking another multi-decade high. After this move, USDJPY entered a minor correction, but buyers quickly stepped back in and price is currently trading around the 163.00 level. With the…
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