XAU/USD : Gold will rise more? (READ THE CAPTION)

4 hari yang lalu

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 $2700.

After another minor correction, I believe gold could continue its upward trend. One of the key supply zones to watch is $2736 to $2738—keep an eye on it! 🚀

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban

3 hari yang lalu

Trade aktif

As expected, gold faced an initial correction, delivering over 150 pips in returns, dropping to $2685. Following this correction, the price resumed its upward movement, aligning perfectly with our analysis.

So far, gold has rallied another 270 pips, reaching $2712, bringing the total profit of this analysis to over 420 pips since this afternoon.

I hope you’ve made the most out of this analysis! Wishing you all an amazing end to the week! Keep an eye out for further updates!

kemarin

Trading ditutup: target tercapai

Analyzing the #Gold chart on the 4-hour timeframe, we observed that today, after the market opened, gold prices dropped sharply from $2720 to $2658. This created a liquidity void, which I anticipated would soon be filled. As a result, we’ve seen gold climb back to the $2689 range so far.

I still expect the price to continue its upward movement until the liquidity gap is completely filled. Stay tuned for the next update on this analysis, where we’ll outline the next targets!

Keep an eye on the $2695 and $2705 levels!

kemarin

Catatan

Breaking News: Gold Plummets Amid Ceasefire Announcement Between Israel and Lebanon

Gold experienced a sharp sell-off today following the announcement of a ceasefire agreement between Israel and Lebanon. The geopolitical tension easing led to a significant risk-off sentiment, causing the precious metal to tumble by 500 pips.

The price of gold dropped below the critical $2,635 level, marking one of the steepest declines in recent weeks. This dramatic move reflects the market’s reaction to reduced uncertainty in the Middle East. Stay tuned for further updates as the situation develops.