By examining the gold chart on the 30-minute timeframe, we observe that after a CHOCH and a break in market structure (BMS) at the $2466 and $2462 levels, gold experienced a further decline, correcting down to $2451. Currently, the price is trading around $2465. Given the structure formed on the chart, we can anticipate another potential drop to $2451 as the first target. This analysis will be updated accordingly afterward.

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أغلقت الصفقة: تم الوصول للهدف
By examining the #gold chart on the 30-minute timeframe, we see that, as expected, after the price entered the supply zone at $2468, it faced heavy selling pressure. Within less than 4 hours, it hit the target of $2451 and then continued to drop, correcting down to $2441. The return on this analysis has been over 280 pips so far! I hope you made the most of this analysis!

لقطة
ملاحظة
As you can see, by examining the 30-minute #gold chart, we notice that since yesterday when we released this analysis, the price has successfully dropped by over 600 pips, correcting down to $2410. Currently, the price is trading around $2412, and it is likely that if the price enters the demand zone of $2401 to $2408, we will see an initial positive reaction. Once the price stabilizes, we can analyze the next move. (This analysis will be updated.)

لقطة
ملاحظة
After reaching the targeted demand zone, the price showed a very short positive reaction and then continued its decline, dropping to $2393 for further liquidity gathering. However, it has since encountered demand pressure again and is currently trading around $2404. We need to see if the price will stabilize above $2400 again. To determine the trend for next week, we must see whether gold closes above or below $2400 today. Note that the bearish selling pressure remains high, and we should wait for more stability in the market.

لقطة
ملاحظة
By examining the 30-minute #gold chart, we see that after the price dropped to $2393 and entered the Bullish Rejection Block in the specified zone, it rallied back up to $2408. Currently, gold is trading around $2403. If it manages to hold this support level, we might see a further rise to levels like $2410. This analysis will be updated, but it’s crucial to see if the price closes above $2400 or below $2400 by the end of tonight. Have a great weekend, everyone! 🫡

لقطة
أغلقت الصفقة: تم الوصول للهدف
Upon reviewing the 30-minute gold chart, we observed that as expected, gold managed to close above $2400 on the weekly candle last Friday. Today, the market opened with a gap at $2403 and climbed to $2412, hitting the target of $2410. Overall, this analysis has yielded over 900 pips so far. I hope you have maximized its potential. This analysis will not be updated further, and the next gold analysis will be completely new. Stay tuned!

لقطة
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