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Technical 8. Gold Continues Record Highs as the US Dollar Index Declines, Fading Hopes of a Fed Rate Cut_1 Technically, gold is currently consolidating and then accumulating, following a brief decline during the day. This decline appears to be a positive correction, allowing the market to clear some overbought conditions, as indicated by the Relative Strength...

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According to the expected bullish gold scenario: The stability of the current gold price above the $3,200 resistance level increases the bullish outlook for gold prices in the coming days, according to the expectations of gold analysts today. Global banks and institutions have raised their expectations for the future of gold prices to bullish levels of $3,500 and...

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Technically, gold remains in a strong uptrend, although there has been some clear consolidation after the recent rally. The XAU/USD pair encountered support near $3,005.80, a level that aligns with its previous weekly lows. This level could form a short-term barrier, potentially triggering some profit-taking before the next rally. This presents traders with...

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S&P Analysis Technically, looking at the analysis, we see that it is poised for a potential move, but the immediate outlook is vague due to the downtrend not being broken yet, traders are advised to focus on key support and resistance levels to navigate the market effectively. The short-term support of the S&P is located at 5,667 and 5,653 around the area, which...

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Gold will pull back from the $2925 level, which will be a downside trigger area, to form what appears to be an ascending triangle pattern. Since reaching this peak since the beginning of the year, XAUUSD will claim the demand zone, a major demand area that has previously acted as resistance on two occasions. On the upside, such pullbacks often provide buying...

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Technical Analysis Bitcoin has retreated to the $93,800 level, which was previously entered by buyers, leaving behind long low wicks on the last candles. This area also coincides with an ascending trend line that has consistently acted as support in previous pullbacks. In addition, the price is forming a sideways channel, approaching the oversold area, which...

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Technical Analysis Retreats Provide Opportunities Amidst Dip-Buying_1 On the 4-hour timeframe, the XAU/USD pair has been in a steady uptrend since the beginning of the year, trading within a narrow ascending channel. Recently, it has turned into a new steeper channel, which is in sharp contrast to the previous broad-based volatility pattern. This turn confirms...

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Gold has pulled back from the $2,940 level, which it tested twice, to form what appears to be a double top pattern. Since reaching this peak, prices have pulled back to $2,882, a key support area that previously acted as resistance on two occasions. On an uptrend, such pullbacks often present buying opportunities as previous resistance levels turn into...

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Gold prices are on an upward trajectory, approaching an all-time high of $2,942 per ounce as of Friday, and the precious metal is heading in a significant direction at the end of the week with gold prices falling by $1.52% after hitting a near record high, With the increasing global uncertainty caused by US President Donald Trump’s announcement of reciprocal...

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Internal Motivation IDMT Internal motivation Have you ever heard of there is inside in? This is exactly what happens in the incentive, as we explained before that the incentive is a trap from the market maker But the internal motivation is also a trap and the internal motivation is within or inside the first motivation. Most SMC traders fall into the trap of...

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Internal Motivation IDMT Internal motivation Have you ever heard of there inside in? This is exactly what happens in the incentive, as we explained previously that the hoof It is a trap of the market maker. But the internal motivation is also a trap and the internal motivation is within or inside the first motivation. Most SMC traders fall into the trap of...

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Given the current technical setup, it is reasonable to expect gold to continue its positive trend in the upcoming general sessions. So, with the broader bullish scenario continuing as long as prices remain above the $2840 support level. After the short-term bearish correction, the overall market trend remains constructive for gold buyers. Traders can expect...

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Gold faced some positive pressures at the beginning of the week, as it crossed the resistance line of its ascending channel, and today, it is providing additional strength in drawing a deeper correction. It is worth noting that the fundamental analysis is indicating positive momentum, which indicates the possibility of further upside in the near term. Given the...

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In reference to the daily chart of Bitcoin, Bitcoin is in a major upward trend, forming an upward channel, especially in the field of competition with other startups, there may be a reason for delaying the rise, from the side of Bitcoin withdrawals and their transformation into pieces with its derivatives, —Bitcoin may visit other areas in its downward trend,...

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At this point, we are likely to face cautious descent. If a break from the ascending line is achieved, the outcome will be favorable in due time. — Sweeping liquidity (external and internal)?? It is the emergence of a mix of strong, unexpected news that you may call (the occurrence of an unexpected natural event), thereby changing the course of direction for...

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Almost at this point we will face a cautious decline, if the break from the ascending line is achieved, the result will be good in the subsequent time.

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Trading Recommendations Gold faced some negative pressure at the start of the week, testing the support line of its ascending channel. Today, providing additional strength to prevent a deeper correction. It is worth noting that the fundamental analysis indicates positive momentum, suggesting that there is potential for further upside in the near term. Given the...

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Gold faced some negative pressure at the start of the week, testing the support line of its ascending channel. Today, providing additional strength to prevent a deeper correction. It is worth noting that the fundamental analysis indicates positive momentum, suggesting that there is potential for further upside in the near term. Given the current technical setup,...