Today, the spot price of gold stands at around $2,327 per ounce, a slight increase of $1 per ounce compared to the end of last week. A survey of 12 analysts reveals that 4 experts (33%) predict a rise in gold prices, 2 analysts foresee a decrease, and the remaining 6 expect prices to remain stable. Currently, gold is trading within a relatively narrow range and...
BTCUSDT has recently experienced a new upward adjustment, breaking through two short-term resistance levels and climbing to $63,200. According to the analysis, the price is showing signs of forming a short-term peak, and the support level at $62,100 is currently a key factor in maintaining BTCUSDT's momentum. If this support holds, the next target will be $64,500...
Dear traders! It's time to buy BTC and now the price is forming. Therefore, the next target seen at $70,000 is at least the harmonic pattern mentioned on the chart (this is a bullish reversal pattern). Personally, I ( Doctor-Bitcoin ), am waiting for the next confirmation above 70,000 USD and close profit of 85,000 USD. Manage 2% for your account. Best regards!...
Dear traders! Previously BTCUSD formed a breakout above $62,000, then quickly approached the $64,000 mark and suffered a rejection as clearly shown from the chart. Particularly today, it seems that market movements are still relatively quiet when the two BB lines show signs of narrowing on the H1 chart. From an analytical perspective based on the narrowing BB...
Nike has been on a rough patch recently & this past week didn't help as it saw it's worst day in over 20 years. Now the question is, is Nike dead in the water or has price gotten so cheap that it makes for a good investment opportunity? Now, I'm not here to tell you that you should or shouldn't buy Nike, rather if you were considering it, where you may want to...
Dear traders! BB is gradually narrowing after a long period of strong decline around the resistance area of 2342 and support area of 2300. Therefore, it is more reasonable to wait for the pullback to the resistance area as the price is sideways and above the border with support from SMA. Therefore, sell and target at 2300 USD. Stop loss is at 2345 to help...
This week's key level is the same as last week at 1.07750. The euro opened today's session with a bullish gap due to the buying pressure we had last week. I said in last week's analysis that below 1.07000 was a buy zone, and institutional traders were buying on every dip. The target price is in the zone between 1.07750 and 1.08000. Guys, what do you think? Leave...
Is the bullish cycle really over? Definitely yes, and in this analysis, I will tell you why! The crypto market is dying in front of our eyes, if you are a hodler of many coins, you can see it very clearly on your account balance. Bitcoin failed to sustain the key level of 62k (0.618 FIB), which is an extremely strong sign of weakness. If you take a look at my...
Gold Information: Gold (XAU/USD) started the week with a slight decline, hovering below the multi-day high of around $2,340 after the release of the US PCE Price Index. This key inflation data has reinforced market expectations that the Federal Reserve might cut interest rates in September and December, pushing the US Dollar away from its two-month high and...
This week, international gold prices fell from more than 2,330 USD/oz to 2,294 USD/oz, but then recovered to 2,339 USD/oz and closed at 2,326 USD/oz. Latest US economic data indicates a decline in inflation, aligning with the FED's objectives and possibly setting the stage for future policy changes. Despite current inflation levels being too high for immediate...
Five weeks ago I made my first analysis on this pattern where I argued that the dotted purple support was my ideal target for an inverse H&S reversal pattern. Once we were there it was a moment of truth for the bulls. My initial trade had a stop that was too tight. Nevertheless the overall idea was a success since we've now successfully reversed from my purple...
Bitcoin has confirmed a double bottom within the 60K major support area. The scenario that I outlined in my previous analysis is STILL in play (see illustration on chart). An inside bar is also present on this time frame along with a break of the high of that candle. As a result of all of this, a new buy signal is in effect which can result in a test of the 64K...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few moments ago price declined from resistance area, after which it made upward impulse to $1.0895 points. Price broke $1.0790 level and started to trades in flat, where it some time traded until it reached top part. After this, Euro made downward impulse,...
BINANCE:XRPUSDT is approaching a possible decoupling, both technically and fundamentally. Positive signs of life could lead to a rally, first stop could be around 0.73. On W1, the coin is trying to live, but there is a huge fundamental reason that keeps the price from going beyond resistance and flat: The SEC v. Ripple litigation. The Ripple vs. SEC case...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price between two weighted level range. We have 2332 and 2339 Goldturn resistance levels and 2321 and 2312 as Goldturn support levels with 2339 as weighted resistance and 2312 as weighted support. We will see levels within this range tested side by side until one...
Hello traders ,what do you think about GOLD ?After reaching the specified resistance level, gold could not cross it. It is expected to fall towards the specified targets after retesting the specified level. If the resistance level is broken, this analysis will be invalid and will be updated again. If this post was useful to you, do not forget to like and comment.❤️
After closing last week slightly higher, EUR/USD opened with a bullish gap, climbing to 1.0800 during Asian trading hours on Monday. The pair corrected lower in the European morning session but remained positive above 1.0750, reflecting strong buying interest from the earlier gap. In the second half of the day, preliminary June Consumer Price Index (CPI) data...
Hello guys, Today, I wanted to provide a short update on Bitcoin and address the question of whether the market is currently bearish or bullish. To analyze this, let's take a look at a chart that I believe will shed light on the situation. On the monthly timeframe, we can see that the price is forming a strong bearish divergence. This is indicated by the...