XAU/USD : Bull or Bear (READ THE CAPTION)

29 gen

By analyzing the 4-hour gold chart, we see that, as expected, the price continued its upward movement following yesterday's analysis, hitting the $2752 and $2764 targets, delivering a 200-pip return. After reaching $2764, gold corrected from $2766 down to $2757, and it is currently trading around $2759. If the price stabilizes below this level, we could see further corrections.

⚠ Important Note: Today, we have the FOMC meeting and the U.S. interest rate decision, which could lead to high market volatility. I strongly recommend avoiding trading during these critical hours!

THE MAIN ANALYSIS :

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Best Regards , Arman Shaban

30 gen

Trade chiuso: obiettivo raggiunto

By analyzing the 6-hour gold chart, we can see that after yesterday's analysis, the price dropped exactly as expected, correcting down to $2745. Following this, gold regained momentum and has surged to $2779 so far. As mentioned in my analysis two days ago, the $2774 target was expected to be reached soon!

Given the current bullish momentum, I anticipate a strong upward move, potentially leading to a breakout above the all-time high of $2790 in the near future! 🚀 🔥

31 gen

Nota

By analyzing the 6-hour gold chart, we can see that, as expected from yesterday's analysis, gold continued its bullish momentum and broke the previous high of $2790, successfully marking a new all-time high at $2800! The total return from this analysis has exceeded 300 pips so far!