Hello Traders, Gold is following the projected price action outlined in my previous analysis. Today, the bullish momentum remains intact; however, recent price action has shown signs of slowing. This calls for careful observation of potential shifts in trend dynamics. For today’s trading setup, we will wait for a manipulation of the Asian range, which could...
Gold's bullish momentum remains strong, showing no signs of slowing down. Currently, it appears to be completing its accumulation phase, which could potentially lead to another upward move. Our next target is the 3,080 level. Your insights are welcome—share your thoughts in the comments below.
Hello, traders. Gold has reached a key dynamic resistance level, as highlighted in my previous analysis. This resistance has been in place since April 2024. A potential pullback from this area is anticipated, and with further confirmation, a decline toward 2,966 could follow. However, considering the underlying factors influencing Gold, if the 3,030–3,050 zone is...
On the higher timeframe, NAS100 maintains a bullish momentum. In recent days, the index has experienced a decline from the 22,226 high to 19,113. Notably, it has been trading within a rising channel and is currently positioned near the channel's support area. On lower timeframes, a divergence with the Dow Jones Index (US30) has been observed, suggesting a...
From a technical perspective, the pair shows a bullish outlook, suggesting a continuation of the upward trend. A potential buying opportunity has been identified at the 1.85500 level, with price targets set at 1.86268 and 1.87109.
Hello, traders. Let’s analyze Gold from both a technical and fundamental perspective. Technical Analysis: Gold has been in a strong bullish trend over the past weeks, showing no signs of slowing down. Last Friday, it surged past the $3,000 mark before closing slightly below, setting a new all-time high. At the start of this week, price direction remained...
Hello traders, We have seen that Gold experienced a significant bullish trend last week, culminating in surpassing the $3,000 per ounce milestone for the first time on March 14, 2025. Several factors contributed to this surge: 1. Market Uncertainty Driving Safe-Haven Demand – With ongoing global economic tensions, particularly due to U.S. trade policies,...