FATHX

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XAUUSD opened this month at $2,649, continuing the bearish pressure from last month's close. A sell entry is recommended at $2,650, with a stop loss at $2,750. Target 1 is set at $2,550, while Target 2 is at $2,450 if the bearish momentum persists. This strategy aligns with the current technical analysis and price patterns. Ensure disciplined risk management.

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On the BTCUSD chart, a significant anomaly has been identified, where the price displays an extremely low value due to a bug. Historically, such events often act as psychological 'magnets,' leading the price to retrace toward these levels over time. However, this isn't guaranteed, and caution is advised when interpreting these signals. Key Observations: 1. The...

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The analysis for the XAUUSD chart on the 1D (daily) timeframe shows that the price of gold is currently moving within a stable upward channel, marked by parallel blue lines forming the channel’s support and resistance. The price action indicates a strong bullish trend throughout 2024, with significant upward pressure. Currently, the price has retraced from the...

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XAU/USD Technical Analysis The 1-hour chart of XAU/USD shows a recent downward movement, with significant bearish pressure following a prior uptrend. The key levels identified using the Woodie Pivot Points are crucial in understanding potential support and resistance zones. Pivot Levels: • Woodie Monthly R1 (2,838.26): This level serves as a major resistance,...

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In this analysis of XAUUSD on the daily chart, we observe that the price is currently testing an ascending trendline support. Key pivot levels for the month are highlighted, with the DM Monthly P (2,433.414) acting as resistance and DM Monthly S1 (2,383.087) as support. A potential bullish scenario is outlined with a target around DM Monthly R1 (2,548.222)....

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This chart analysis highlights a bullish breakout above a consolidation zone, indicating a potential uptrend. The price has surpassed the Fibonacci Semesterly R1 (2,431.66) level, suggesting further upward movement towards the Fibonacci Semesterly R2 (2,541.593) and R3 (2,719.537) levels. The blue rectangle represents a period of accumulation, and the breakout is...

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This daily chart for Gold Spot (XAU/USD) illustrates a robust bullish trend within a defined upward parallel channel. Current price levels at $2,331.945 show a notable increase of +1.21%. Key support and resistance levels are marked at $2,392, $2,286, $2,186, and $2,050. The chart projects potential short-term corrections as indicated by the red and green arrows,...

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In the displayed chart of Gold Spot versus U.S. Dollar, there are indications that after a bullish daily close, the price of gold is likely to attempt a retest of the resistance level. From the image, we can see that the 'Buy' level has already been taken at 2,350.292, while the 'Breakout' level is noted at 2,358.323. This suggests there is sufficient momentum to...

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In the traditional cycle of Bitcoin, May has often been marked by significant bearish movements. As of the 25th, Bitcoin has intriguingly held above the opening price of the month. However, based on historical trends and current market dynamics, I anticipate a major correction is imminent that could bring Bitcoin down to reach its support levels. Keep a close...

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1.5 support and 2.025 pivot just touched ready to target resisten in Q2 and Q3

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bearish flag for bearish continuation to next weekly support 1798.18

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In this analysis, we examine the current market conditions for gold and anticipate potential selling pressure by the end of July, continuing into the month of August. Recent price action, including a rejection at $1987 and a breach of the $1966 level, indicates signs of bearish sentiment. Our outlook suggests that gold prices may attempt to reach the pivot price...

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In the world of cryptocurrency, Bitcoin is showing signs of a potential comeback as a bullish reversal pattern emerges, hinting at a price target of $59,500. This development has sparked optimism among investors, although the crypto market's inherent volatility requires caution and thorough research.

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This analysis focuses on Ethereum, one of the leading cryptocurrencies in the market. Currently, the price of Ethereum is at the monthly pivot level, indicating a significant level of price congestion and potential market indecision. Furthermore, there is a presence of momentum distribution, suggesting a potential downward movement in the near term. Considering...

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Based on the current market pressure, it is advisable to look for a short position this week. Sellers are waiting at the level of 1930, with a target decline in price to the range of 1890, which is a potential 400 pips move for the week. This seems to offer the best probability from my perspective.

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Just my sick opinion. Bug dump has happened on BINANCE US. Don't follow me.

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Bitcoin's price has been consolidating within a sideways range for some time now. Today's fundamental data suggests a positive outlook for the US economy, which could potentially impact Bitcoin's price. Average Hourly Earnings m/m increased by 0.3% from the previous period, indicating a rise in average hourly wages for workers. If this trend continues, it could...

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Certainly. When it comes to technical analysis, XRP's current price being above the monthly pivot point and forming an ascending channel pattern suggest a bullish trend. Additionally, there are several resistance levels that can be targeted for buying, including R1 0.581, R2 0.636, and R3 0.727. However, it's important to note that technical analysis should not...