Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that Gold opened the new session with a bullish gap and pushed toward the $4080 region. Once price entered this important supply area, sellers stepped in and pushed Gold sharply lower toward $4019. After sweeping the liquidity below $4020, buyers became active…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after reaching the $4120 region and sweeping the liquidity above this level, Gold faced heavy selling pressure and collapsed all the way toward $4020. The $4020 area was an important demand zone, and once price reached it, buyers stepped in and…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous update, price started to move higher and the bearish continuation scenario was invalidated. The market reacted strongly following Kevin Warsh’s hawkish remarks, the decision to keep interest rates unchanged, and today’s U.S. GDP and PCE data. Together, these…
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