Weekly Analysis:
Analysis/Bias remains the same as last week's weekly analysis dated 28 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs.
Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure)
First...
Weekly Analysis:
Analysis/Bias remains the same as last week's weekly analysis dated 28 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs.
Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure)
First...
Weekly Analysis:
Analysis/Bias remains the same as last week's weekly analysis dated 14 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs.
Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure)
First...
Weekly Analysis:
Price has been printing further all time highs. Below analysis remains the same as last week's weekly analysis dated 07 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs.
Most likely scenario would be for price to pull back following swing...
Weekly Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs.
Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for...
Weekly analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish swing BOS followed by a bullish iBOS.
Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which...
Weekly Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has finally printed a bullish swing BOS.
Most likely scenario would be for price to pull back following swing BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a vertical blue...
Weekly Analysis:
Bias remains unchanged from last week's analysis dated 10/03/2024
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has finally printed a bullish swing BOS
Most likely scenario would be for price to pull back following swing BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has...
Weekly Analysis:
Bias remains unchanged from last week's analysis dated 03/03/2024)
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has finally printed a bullish swing BOS
Most likely scenario would be for price to pull back following swing BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has...
Fundamental View
At any time in history, if any risk enters the market, traders turn to safe areas to protect their assets.
In the past few months, gold has been the best safest place for all financial risks.
From recession to financial crises and recently banking problems. As a result, traders withdraw their assets from banks and keep them safe in gold.
In the...
Weekly gold analysis
📌 Key points and overview:
Technical view, can range between 1730$ and 1764$
Any lower than expectations can be a helping hand for gold to rise, and any US data more than expected can be a downward pressure for downside gold.
📝 Fundamental Analysis:
After the sharp rise of gold, last week we saw the correction of gold in the range of 1730...
