Gold Movement Analysis Date of Analysis: 09th July 2024 Key Levels: Previous Low: $2355 Current Trading Range: $2360-$2365 Expected Target Range: $2380-$2390 Current Situation: As predicted in the analysis on 8th July, gold experienced a heavy fall, reaching $2355 before bouncing back to $2368. It is now trading at $2365. Expected Movement: We anticipate a...
Gold Movement Analysis Date of Analysis: 10th July 2024 Key Levels: Previous High: $2371 Previous Low: $2351 Current Trading Level: $2368 Buy Zone: $2355-$2360 Target Ranges: $2375, $2390, $2430 Current Situation: In the analysis on 9th July, we anticipated a bullish move in gold, targeting $2380. However, gold reached $2371 before experiencing a significant drop...
Gold Movement Analysis Date of Analysis: 08th July 2024 Key Levels: Resistance Break: $2390 Current Range: $2386-$2392 Current Situation: Gold broke the resistance in the H1 chart and reached up to $2390. The NFP (Non-Farm Payrolls) news caused significant movement, resulting in gold trading within the $2386-$2392 range. Expected Movement: Today, we anticipate a...
Bitcoin Movement Analysis Date of Analysis: 04th July 2024 Key Levels: Strong Support Zone: Current trading level Initial Target Range: $60,000-$64,000 Strong Resistance: $64,000 Extended Target Range (Upon Breakout): $70,000-$73,000 Current Situation: Bitcoin is trading near a strong support zone and has been rejected three times, indicating a robust buying...
Gold Movement Analysis Date of Analysis: 04th July 2024 Key Levels: Resistance Break: $2363 Current Range: $2353-$2360 Current Situation: Gold broke the resistance in the H1 chart, reaching up to $2363. The FOMC Meeting Minutes news did not cause significant movement, resulting in gold trading within the $2353-$2360 range. Expected Movement: Today, we anticipate...
Gold Movement Analysis Date of Analysis: 03rd July 2024 Key Levels: Previous Resistance: $2348 Next Target: $2360 Current Situation: In our last analysis, we anticipated a significant drop in gold prices. However, in the H1 chart, gold has broken through the resistance level of $2348. Expected Movement: We now expect gold to rise to $2360. From there, a...
Gold Movement Analysis Date of Analysis: 03rd July 2024 Key Levels: Strong Support: $2316 Strong Resistance: $2365 Current Situation: Gold has rejected the support level at $2316 and is bullish towards $2335-$2340. However, a bearish trend is expected, potentially bringing the price down to $2320. Important Note: Economic data releases are expected today, which...
Gold Movement Analysis Date of Analysis: 02nd July 2024 Key Levels: Strong Support: $2316 Strong Resistance: $2350 and $2365 Current Situation: Gold has broken through the strong resistance levels. Expected Movement: Given this breakout, it is reasonable to expect gold to continue its upward momentum and potentially reach the target range of...
US100 Movement Analysis: Date of Analysis: 03rd July 2024 Key Levels: Strong Support: $19,480 Strong Resistance: $20,119 Current Situation: US100 has not broken through the strong resistance level at $20,119. Expected Movement: Given the failure to break the resistance, it is reasonable to expect US100 to move down towards the range of $19,800 to...
*Gold Movement Analysis* Date of Analysis: 01st July 2024 Key Levels: - Strong Support: $2316 - Strong Resistance: $2326 Current Situation: Gold has broken through the strong resistance level at $2326. Expected Movement: Given this breakout, it is reasonable to expect gold to continue its upward momentum and potentially reach the next target price of...