By checking the gold chart, we can see that the price, based on my expectation, was corrected when the price entered the range of $2038 to $2044 and fall from $2041 to $2035! I think that after an initial short growth, the price will fall to $2029 as the first target! To determine the next trend, we have to wait for the opening of the London market and monitor the...
By examining the gold chart in the daily time frame, we can see that after the last analysis, the price of gold rose up to $2062 to collect more liquidity, and after reaching $2065, it faced a heavy fall, And the price on Friday and today was able to correct up to $2015 with a further drop! We saw more than 500 pips falling in less than 2 days! Now, only if the...
By checking the price of gold in the daily time frame, we can see that the price started to correct more ,as we expected and was able to fall to $1976! If the price stabilizes below the level of $1990, we can expect more fall from gold! In addition, today we will have the important statistics of the CPI, and if this statistic is announced more than the forecast,...
By examining gold in the daily time frame, we see that the price has progressed according to the first scenario and as you can see, it is currently trading in the range of $1996. If today's price loses the support of the $1987 to $2006 range, we may see a drop to lower targets such as $1986, $1980, and $1966!
Important Question : Do you think gold can fall below...
With a new review of the GBP/USD chart, we see that the price has finally started to correct after growing up to 1.27350 and has now entered a demand zone, which can be a stimulus for further price growth! Currently, the most important condition for further growth of this currency pair is maintaining the support of the range of 1.24470 to 1.25500! Be careful that...
As you can see, according to our expectations, the price of gold started to fall from yesterday and until this moment, it has been able to fall by more than 500 pips to the range of $2020! There are 3 days and 10 hours left until the market closes, and on Friday we will have the NFP rate, which can cause a sudden drop in gold if the actual rate is announced higher...
By checking the price of gold in the 12-hour time frame, we saw that the price finally hit the target that we have been talking about for several weeks! Last night, gold managed to grow up to $2052 with a stunning growth and from the range of $1931, which was an important demand zone, and I declared LONG on that range, so far it has yielded more than 1200 pips! As...
By checking the Dow Jones chart in the daily time frame, we can see that the price is trading in the range of 35320, and I think that after the strong growth that we have seen in the last month, it will finally be stopped to some extent! The range of 35400 to 35700 is an important supply zone and I think the price will be corrected after entering this RANGE! If...
By examining the gold chart in the 12-hour time frame, we can see that the price started to fall as expected at the beginning of the week and was able to hit targets and reach the range of $1965 , after that it started to grow again as expected. And it has been able to record the price of $1994 up to now! If gold can rise above this level again, we will probably...
