Gold Attain a New High Level The Gold market continues its stellar performance this season. In the third quarter of this year (Q3), gold has posted impressive gains of approximately 12.56%. This surge has led to a new all-time high, with the price reaching 2610.0. Gold Key Levels Demand Levels: 2529.0, 2418.0, 2320.0Supply Levels: 2700.0, […]
Market Analysis – September 12 The Gold market has entered a consolidation phase on the daily chart, with price action moving sideways above the previous resistance level of 2483.0. This range-bound movement highlights market indecision, as repeated retests of order blocks on the 4-hour chart have failed to establish a clear direction. Gold Key Levels: […]
Market Analysis – September 4 Gold prices are currently stalling just above the previous resistance level of 2,483.0, signaling a loss of momentum for further upward movement. This level, now acting as support, has been tested twice without generating any substantial bullish response. Gold Key Levels Demand Levels: 2,483.0, 2,406.0, 2,289.0 Supply Levels: 2,500.0, 2,600.0, […]
Market Analysis – August 30 Gold market structure remains firmly bullish, as indicated by the consistent formation of higher lows. Recently, the price successfully broke above the resistance zone at 2483.0, marking a significant milestone in its upward movement. The market has since pulled back, using this previous resistance zone as a new support level. […]
Market Analysis – August 21 The Gold market has reached a significant milestone this week by establishing a new all-time high (ATH), indicating continued strength in the precious metal. After several days of price retracement, the price finally broke through the previous ATH of 2483.80, which was set in July. This upward momentum pushed gold […]
Market Analysis – August 21 The Gold market has reached a significant milestone this week by establishing a new all-time high (ATH), signaling continued strength in the precious metal. After several days of price retracement, the price finally broke through the previous ATH of 2483.80, which was achieved in July. This upward momentum propelled gold […]
Market Analysis – August 16 Gold (XAUUSD) prices have once again approached the supply zone around $2,483.00, a level that has consistently resisted upward movement since July. This resistance has led to the formation of an ascending triangle, indicating that a breakout is necessary for the continuation of the upward trend. Gold Key Levels Demand […]
Market Analysis – August 8 The Gold market has transitioned from a consolidation phase marked by narrow daily candle ranges to a period of pronounced impulsive movement during March and April. However, the bullish momentum has since diminished, preventing prices from consistently achieving higher highs. Key Levels for Gold Demand Levels: 2356.0, 2296.0, 2223.0 Supply […]
Market Analysis – August 1 Gold (XAUUSD) has resumed its bullish ascent after a brief dip below a bullish order block on the daily chart. This move initially suggested a potential trend reversal; however, the price did not break the previous swing low of $2,352.0. Instead, a higher low was formed, followed by a rally […]
