Yellow line scenario 1 Price is looking to move higher neglecting the tested price whuch are close and cleared Blue line Scenario 2 The price would look theretest the cleared levels before heading up to its highest price
Still going to clear the 112 price level for this year....
Two scenarios on the chart by dotted colours.... Moving up sideways? or dropping down hard?
XAUUSD is now trading above 2389.000 price level which is the lowerhigh of 19 April 2024, in friday XAUUSD closed at 2392.070 Now the shown dotted inclined sideways pattern may occur clearing the lower lows going in and upward incline XAUUSD is looking to clear the 19th April 2024 Higher high to create a new high to push the market up for the remainder of the year
The next high price on XAUUSD is as far as 2353.913 and then look to test the 2341.174 before balancing the inflation then go down to 2316.634 this one hard moves to look for in the matket as the matket is looking to balance the worlds inflation to standard states... possible point of price to look for 1. 2353.913 2. 2341.174 3. 2343.375 4. 2316.634 Wait for...
After the two test signaling a bull run to be active this week, the dollar still strying to hold the price below the previous highs and now trading above 1.08281 which was the low of 5th April 2024 and now has tested and left a tail above it during the previous sessions close of todays morning, now the pair is looking to break even futher to the upside for a move...
The price has retested the 68441.48 thre times after a rejectional break of the bulls, now the price is looking to drift down for more price correction
On friday XAUUSD reached, broke and close above 2316.00 and now trading above it at a price zone of 2330.160 as a close for friday Now more three price zone needs to be tested whic are as follows: 1. 2328.670 2. 2324.363 3. 2316.634 befire taking of to 2373.743 for the bulles eye this coming weeks
the euro is looking to clear the previous higher high to make way for a run to 1.08336, for that to occur the EURUSD pair should close above 1.07790 n reject it from above however is the dollar gains momentum the EURUSD pair will be looking to clear the lower high created this morning of 1.07689 to clear the 1.07445 and test 1.07270 for the remainder of the week
The reject will be focused at 2280 and 2277 to push the price of gold up to 2316 as the market has already broken the 2280 n now looking to break the higher high created yesterday of 2288...
If a break on the 66900.00 rejects the coin will be on a sideway hustle with the dollar and the points to be considered are 65800.00 , 65590.00 , 65170.00 and 64850.00 to complete the week on a low price... not forgeting if it can break the 66900.00 price mark, the pair will be looking to clear the 67350.00 and 69822.00 and 69950.00 to close the week high ...
The price has been trading below 70000 mark since the day started and now is below 65566.00 price point and the price is still trading below the 65566.00 price mark , however a close above if the coin will have more strength look for 69836.00 as the next target , if the price remains below 65566.00 and close below it for the US session look for 51034.00
BTCXAU is having a break on the 28.94 and now trading slightly above the broken price but in between 29.06 and 28.94, a close above 29.06 will push the price up to 31.10 and if the price remains below 28.94 and close below it then look for 25.02 as the next price target on this pair
The price is above 70586.29 which I take as the last high price for today for BTCUSD, if the price doesnt find a way to break to the downside before 18h00 SA time the price will move up to 71471.30 however if the price breaks to the downside , BTCUSD will be looking to clear 70364.88 brleforr taking of to the highest high that has been already activated for...
The price has atleast on more retest before jumping up to 2316.634 for the coming week... However if the price retest and break to the downside of the 2189.846 look for more space on the downside for Gold to drop but just till the 2150.752 and a close above it to give the Precious metal a room to grow again...
The Price close above 1.09382, so during the monday open till around 9 AM SA time, if the price keeps closing above that price level, the market on yhe bulls will push the euro up against the dollar and that will make the euro to target the next high zone on yhe dollar which migh be around the price above that follows the 1.09382 in this case will be 1.10524 for...
The price closed below the longer term MA and the price has tested the price zone 0.88055 and now trading below it, a second close below 0.88055 will give strength to the Swiss Franc (CHF) so let has a wait for the next candlrs close for a confirmed down trend, however the price have to close below 0.87949 so the bear market of the Dollar have a negative growth...
On the H4 chart the price movement confirms that there will be a pullback on rand against yhe dollar to 18.717... yhen the price will look up on 19.10.... for a retest to give the market a sideways movement for the next 5 months... On the other side the H1 is showing a break for the bulls on the moving avarage and giving the price strength to push up with the...