From a technical point of view, gold seems to have broken the resistance of the ceiling of the descending angle pattern in the range of 2306-2315 in the four-hour time frame, and now it has targeted the 127.2% Fibo resistance at $2373.
According to the buying pressure in the market, if the $590 range is broken and the price stabilizes, the price may increase to the $615 range, and if the price is strong, it will reach the $630 range. Otherwise, the price may fall to the range of $555.
📊 Due to the decrease in the downward momentum of the price movement, if the range of 26.80 units is broken upwards and the price stabilizes above it, the price may increase to the range of 27.30 units🎯, and in the case of the strength of the range of 28.30 units🎯🎯. 📊 Otherwise, the price may fall to the range of 25.70 units.
Examining the trend in the four-hour time frame, Bitcoin has broken the resistance range of the ceiling of the descending channel in the range of 63525-61988, and now it seems to target the resistance range of the ceiling of the second descending channel in the range of 71776-70255. .
By examining the trend in the four-hour time frame, global gold has formed a BULLISH BAT harmonic pattern by reaching the important support interval of the bottom of the descending channel in the range of 2266-2286, and now it seems that the rate of the resistance interval of the ceiling of the descending channel in the range 2385-2372, aimed at
📊 In the four-hour time frame, due to the reduction of the upward movement momentum of the price, if the upward movement trend of the price is broken and the price stabilizes below the range of 17,900 units, there is a possibility of the price falling to the range of 17,750 units🎯🎯, and in case of strength, there is a range of 17,550 units🎯. 📊 Otherwise, the...
📊 Due to the decrease in the upward movement momentum of the price, if the range of 2310 units is broken and the price stabilizes below it, the price may fall to the range of 2295 units🎯, and in the case of the strength of the range of 2280 units🎯🎯. 📊Otherwise, the possibility of price increase up to the range of 2340 units.
📊 Due to the decrease in buying pressure and the downward momentum of the price movement, if the range of 1.246 units is broken and the price stabilizes below it, the price may fall to the range of 1.240 🎯and in the case of strength, the range of 1.235 units🎯🎯. 📊 Otherwise, the possibility of price increase up to the range of 1.253 units.
📊 According to the sales pressure in the market, if the range of 5010 units is broken and the price stabilizes below it, the price may fall to the range of 4990 units🎯, and in case of strength, the range of 4950 units🎯🎯. 📊Otherwise, the possibility of price increase up to the range of 5050 units.
Examining the trend in the 15-minute time frame, it seems that the EUR/USD has crossed the resistance of the triangle pattern in the range of 1.0724-1.0717, and now, due to the increase in the moving averages of the ALLIGATOR indicator, it can reach as high as the base of the triangle. 200% Fibo resistance at $1.0778 will increase.
After the formation of the BULLISH BAT harmonic pattern, global gold can now rise to the resistance of the ceiling of the descending channel at $2343, maintaining the important support interval in the range of 3212-2310.
By examining the trend in the one-hour time frame, the Dow Jones index, having a very important low-level support interval in the range of 38244-38153, can increase to the resistance of the middle level in the range of 38803.
By examining the trend in the one-hour time frame, the USD/CAD has a resistance range of the ceiling of the descending channel in the range of 1.3694-1.3682, which, provided that no close candlestick of four hours is registered above it, the rate can reach the support of the channel floor. decrease in the range of 1.3580.
📊According to the selling pressure in the market, if the range of 0.650 units is broken and the price stabilizes below it, the price may fall to the range of 0.648🎯 and in the case of the strength of the range of 0.644 units🎯🎯. 📊Otherwise, the possibility of price increase up to the range of 0.655 units.
📊Due to the reduction of the upward movement momentum of the price, in case of the failure of the downward movement trend of the price and stabilization of the price below the range of 2315 units, the price may fall to the range of 2275 units🎯 and in case of the strength of the range of 2220 units🎯🎯. 📊Otherwise, the price may increase up to the range of 2385 units.
By examining the trend in the four-hour time frame, Bitcoin, having the resistance of $64,308, can decrease to the support of the bottom of the channel in the range of $57,569.
Global gold can continue its upward trend due to increasing tensions in the Middle East region By examining the trend in the four-hour time frame, global gold has the support of $2,333, and if it is maintained, it can increase to the resistance of the ceiling of the ascending channel in the range of $2,389.
📊 Due to the decrease in the upward momentum of the price movement, if the $600 range is broken and the price stabilizes below it, the price may fall to the $588 🎯range, and in the case of the strength of the $570 range🎯🎯. 📊 Otherwise, the price may drop to $630.