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ChiForex replied Aug 3, 2025Let's see what we have for this week, bulls looking to base Gold above 3350 to target ~3397 and up to ~3433 while bears will try to pull it below 3350 to target ~3296. On monthly, a deeper fall from ~3296 is to target ~3206. Daily is pushing Gold ...
Gold
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ChiForex replied Aug 3, 2025Wake up folks, the trading day started
EU on weekly is facing tremendous resistance starting from ~1.1600 then ~1.1615. On daily ~1.1615, ~1.1640 and ~1.1670, the monthly climbs further to ~1.1690s that touches too the higher weekly at ...Cable Update (GBPUSD)
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ChiForex replied Aug 2, 2025GU is still weak on the weekly and daily even, while got rejected from the monthly but I prefer focusing on the weekly chart that's showing more clear bearish movement than the monthly. However, obviously next weekly candle will show definite ...
Cable Update (GBPUSD)
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ChiForex replied Aug 1, 2025Trump might be correct about the job numbers been rigged but the main problem is that regardless if it's true or false, continuing the attack towards Powell is hurting the dollar. Non of his advisors used his or her brain to tell him, what about ...
Cable Update (GBPUSD)
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ChiForex replied Aug 1, 2025Gold is again surprisingly forming a higher support on monthly just like July candle that couldn't keep going up. This monthly candle break/base below 3280 is necessary for bears, the good point for them that Gold got rejected from the second weekly ...
Gold
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ChiForex replied Aug 1, 2025For those interested in buying today the daily retracement coming from the weekly resistance(1.1570s), it's ~1.1510 and possibly ~1.1485 while GU bulls will try to hold on 1.3195-00 for today. For bears, you'll have to wait for the next weekly ...
Cable Update (GBPUSD)
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ChiForex replied Aug 1, 2025Prepare your pending sell orders before NFP if you trade with a good broker that can fill it somehow accurately (check levels I mentioned above), because there would probably be a spike up and pull down on NFP. No problem if price fell down even ...
Cable Update (GBPUSD)
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ChiForex replied Aug 1, 2025A followup folks that the EU current rejection off 1.1392 was normal as it's the monthly crucial support barrier, a break and base below will target way lower level as mentioned above. I preferred if this pair started the retracement upward before ...
Cable Update (GBPUSD)
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ChiForex replied Aug 1, 2025Remember folks that the main reason that drove Gold price up is the purchase of central banks, but currently they no longer see the price attractive so they stopped buying, waiting for a better positioning at much lower levels. Global tensions, ...
Gold
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ChiForex replied Jul 31, 2025Break of 3275 will take Gold down to ~3163, on upside will find resistance ~ 3333. Downside to the said level is the most probable move and possibly lower later.. While a retracement to the upper level can be a good sell opportunity for who didn't ...
Gold
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ChiForex replied Jul 31, 2025Here we go folks: Very important update for Monthly/Weekly I'll like to focus on weekly first as the monthly is mixed for a retracement to upper levels. EU: Good sell orders can be placed 1.1570s(weekly)-1.1670s(for monthly), for daily 1.1480s, ...
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ChiForex replied Jul 31, 2025Let's not forget to thank the ignorant Starmer that's more helping in the £ fall. Let his nasty friend help him
while the
becomes great again.Cable Update (GBPUSD)
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ChiForex replied Jul 30, 2025We're almost at monthly retracement but the importance of this late retracement is that it'll trigger a bigger fall for next month/s, always relying on bigger time frames, the monthly firstly.
Gold
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ChiForex replied Jul 30, 2025Here a crucial update that the current free fall vs the mighty dollar has a way bigger importance on not the weekly only but the monthly with this last day of the month closing up soon, GU/EU already crashed the monthly retracement so till this ...
Cable Update (GBPUSD)
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ChiForex replied Jul 29, 2025Back to July 1 Golden words. It was just a matter of time
Patience
Cable Update (GBPUSD)
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ChiForex replied Jul 28, 2025Simply as just looking at the chart, measure the monthly low to the highest price reached as marked in red, you'll see there's even more than 1000 pips downward at medium price difference so how if the target is back to or near recent lows of 3 ...
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ChiForex replied Jul 24, 2025Just a matter of time for the BS to stop and the huge reversal occurs. IDEA
“Think differently than the crowd and you'll always win” CHIFOREX
Gold
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ChiForex replied Jul 24, 2025Only for those who want to get out of their small world to see the big picture. Huge range of at least over 1000pips for retracement from current price levels on both GU and EU. IDEA

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