Market Analysis – October 11 The Gold coin has resumed its upward momentum, forming a new swing low on the daily chart. Recently, the price pulled back toward a bullish order block at 2600.0 after reaching 2685.0. However, the market is showing strength, advancing even without a complete retest of this support level. Gold Key […]
Market Analysis – October 4 The Gold market recently broke out of a prolonged period of ranging price action that lasted from early April 2024 to mid-July 2024. This breakout marked a significant shift in market direction as the price moved decisively into a bullish trend. The momentum began once the 2453.00 resistance level was […]
Market Analysis – September 25 The Gold price is experiencing a strong bullish rally as Q3 comes to an end. It has reached its all-time high, gaining an impressive 29.09% in 2024. The price is now approaching the key psychological level of 2700.00. Gold Key Levels Demand Levels: 2531.0, 2406.0, 2200.0 Supply Levels: 2700.0, 2800.0, […]
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 […]
