ArmanShabanTrading

ArmanShabanTrading Updated 

Analyzing the #Gold chart on the 4-hour timeframe, we can see that, as expected, the price experienced a very slight correction before continuing its upward movement. In the past hours, gold reached $2710, which we previously identified as a supply zone. As a result, the price reacted to this level and corrected by over 100 pips, currently trading around...

ArmanShabanTrading Updated 

By analyzing the #Gold chart on the 4-hour timeframe, we can see that the price continues to rise due to escalating tensions between Russia and Ukraine, as well as Hezbollah and Israel. The price has been extending its rally since yesterday and is currently trading around $2665. In my opinion, after such a significant rally, we can start expecting a minor...

ArmanShabanTrading

Analyzing the #Bitcoin chart on the weekly timeframe, we can see that since our last analysis, Bitcoin has performed exactly as expected. With its powerful rally, Bitcoin successfully hit all three targets of $77,000, $81,700, and $93,800. Earlier today, Bitcoin surged further to $98,400, setting a new all-time high. With the strong momentum it has gained, I...

ArmanShabanTrading Updated 

Analyzing the #Gold chart on the 4-hour timeframe, we notice that today’s market opened with a positive price gap between $2563 and $2566 . These types of gaps often act as magnets for price action, as markets tend to fill such gaps over time. Based on the current bullish momentum, I expect a price correction in the near future to fill this gap. Looking deeper...

ArmanShabanTrading

Analyzing the #EURUSD chart in the daily timeframe, we can observe that the price is currently trading around the demand zone of 1.056. having declined over 500 pips from previous highs. This decline has brought the price into a significant demand zone between 1.0520 and 1.0580, where we anticipate a potential bullish reaction. If the price manages to hold above...

ArmanShabanTrading Updated 

Analyzing the #Gold chart on the 4-hour timeframe, we can see that after entering the highlighted demand zone, gold has delivered a return of over 270 pips so far and is currently trading around $2611. It’s important to note that today we have the CPI data release, which could significantly impact gold prices. If the CPI figures come in higher than expected,...

ArmanShabanTrading Updated 

Analyzing the #EURUSD chart on the daily timeframe, we can see that the price is currently trading around the 1.06 level. Since the previous analysis, it has dropped over 500 pips. I anticipate that the price will soon react positively to the 1.052 to 1.058 zone, potentially leading to a recovery of 40 to 300 pips.Keep an eye on these marked levels! Please...

ArmanShabanTrading Updated 

Analyzing the GBP/USD chart on the daily timeframe, we can observe that the price is experiencing a significant decline. I anticipate that this heavy drop will likely pause, at least temporarily, upon reaching the demand zone between 1.267 and 1.2735. This is a key area of interest, and I expect a potential return of 50 to 200 pips from this level. This analysis...

ArmanShabanTrading Updated 

We can observe that after reaching $2699 again, gold faced selling pressure and has corrected down to $2659 so far. Considering that both the New York and Canadian markets are closed today, we are likely to see the next significant move tomorrow. Considering the current price trajectory, we need to see how gold reacts if it declines further to the $2649 level. If...

ArmanShabanTrading Updated 

Analyzing the #Gold chart on the 4-hour timeframe, we see that yesterday’s bearish trend played out as expected, hitting all downside targets at $2717, $2700, and $2686, even extending further to $2643. This aggressive decline resulted in over 1000 pips of movement within a single day. Currently trading around $2670, gold faces a significant liquidity gap, and...

ArmanShabanTrading Updated 

By analyzing the #Gold chart in the 1-hour timeframe, we observe that yesterday, as anticipated, both targets of $2745 and $2748 were achieved, with the price even climbing to $2750. After collecting liquidity above these levels, gold experienced a sharp decline following the announcement of Donald Trump's presidency, dropping to $2701. The price quickly filled...

ArmanShabanTrading Updated 

By analyzing the #Gold chart in the 1-hour timeframe, we can observe several reactions to the demand levels we identified. Yesterday, we saw an initial bounce from the $2733 zone, with a 70-pip rise taking it close to $2740. Later, this morning, the price dipped below $2730 and reached the $2727 zone, where it was met with strong demand, resulting in a sharp...

ArmanShabanTrading

By analyzing the #Gold chart in the 30-minute timeframe, we can see that, as expected last night, gold showed an upward movement with the market opening. After maintaining its position above the noted support level, it reached the targets of $2739 and $2744. Currently, gold is trading around $2742, and we’ll need to watch over the next two hours to see if it can...

ArmanShabanTrading Updated 

By analyzing the #Gold chart in the 30-minute timeframe, we can see that, as observed last night, gold dropped sharply from $2782 to $2731, creating a significant liquidity gap. As mentioned yesterday, the first key demand zone was between $2733-$2735, and once the price reached this critical zone, it was met with buying pressure, leading to a rebound of over 250...

ArmanShabanTrading

By analyzing the #Gold chart in the 15-minute timeframe, we can see that gold is currently trading around the $2780 level. If it holds above this level, I expect further upward movement. The potential targets for this rise are $2784, $2787, and $2790. Please support me with your likes and comments to motivate me to share more analysis with you and share your...

ArmanShabanTrading

By analyzing the #Cardano chart in the daily (logarithmic) timeframe, we can see that the price is currently trading around the $0.35 range. If it can stabilize above this key level, we can expect further upward movement. The next targets for ADA are $0.3780, $0.415, and $0.4570. Please support me with your likes and comments to motivate me to share more...

ArmanShabanTrading

By analyzing the #Ethereum chart in the weekly (logarithmic) timeframe, we can see that the price is still within the range we discussed a few weeks ago. As mentioned earlier, the $2100 to $2450 zone is a critical support and demand area. After Bitcoin's rise above $74,000, we can anticipate a similar strong move from Ethereum. The next targets for Ethereum are...

ArmanShabanTrading

By analyzing the #Bitcoin chart in the weekly timeframe, we can see that after our last analysis, Bitcoin rose over 10%, climbing from $66,500 to $73,600, now within just $100 of its all-time high. Following this move, Bitcoin saw a slight correction down to $72,000, and I still expect the previous high to be broken soon, with Bitcoin reaching higher levels. The...