The Falling Wedge is a bullish formation that starts with a wide top and narrows as prices decline. This movement creates a cone shape that slopes downwards as the reaction highs and lows come together. Unlike symmetrical triangles, which lack a clear slope and bias, falling wedges unmistakably slope downwards and exhibit a bullish bias. -The buy signal has been...
btc has formed Bearish divergence on daily chart with double top pattern indicating bearish
SOL mostly likes to move in big spurts that precede market up and down turns. The laddering up we are witnessing, moving up past the 200 week MA in lower time frames and daily and getting close on 4 and 6 HR, plus 5 days in a row closing green, is looking very very bullish to me! Still - SOL is powerful and it seems to be building some steam... The narrative is...
This is in Group 10% Weekly, Daily, 4H Market Structure Alignment = BBRB HOW? Weekly —- Bullish Daily — Bearish 4H — Bearish
Although there was a rally later in the day in the S&P 500 which implies buyers moving the market higher going into the close. The overall structure for Friday implies caution if you are on the long side. It's important that the market does not return to Friday's Lows on Monday to maintain momentum for continuation to new highs.
As the market worried about a broader economic recession and worries about the escalation of the crisis in the Middle East had eased, gold prices fell the most in a year, and the market's "risk aversion" sentiment further reversed, with gold prices falling 2.34% to $2,336.46 per ounce. The trend of gold has been in this gloomy pattern throughout the day, with...
Pretty simple here, we have a bear flag setup after the monster 10% down day. Looks juicy to short
On Wednesday, gold rose as high as the 2336 area, but did not stand firmly above 2330, and then fell back to recover its short-term gains. Focus on Thursday's announcement of the number of people filing for unemployment benefits and the quarterly personal consumption index in the United States, which may push gold to strengthen further.
Yesterday, it continued its downward trend and fell below the $2,300 mark, reaching as low as $2,291. Based on the previous day's high, the two-day retracement was nearly $100, completing a retracement adjustment in a relatively short period of time. The retracement of the gold price itself is an adjustment. It is under such expectations that we effectively seized...
I believe gold is real wealth. You can hold in your hand, protect it and use it as you see fit. Hold a stack of gold coins in your hand and see for yourself that there is nothing else quite like it. There is also the metaphysical property of gold to attract more wealth, acknowledged in many cultures. This has been true for me since I started accumulating...
The Times of Israel's latest report on Tuesday stated that the United States expressed confidence that Israel would not attack Iran directly and would instead focus on its proxies. The British "Financial Times" reported on Tuesday that the United States and its European allies have stepped up efforts to dissuade Israel from launching a counterattack against...
Gold is currently in pause mode, and if the conflict between Iran and Israel eases, market focus will turn to the Federal Reserve. It is clear that the Federal Reserve is not going to cut interest rates anytime soon, which is a bearish factor for the gold and silver markets. If the conflict escalates, you will see gold rise again. For now, the focus is on...
: Gold has frequently experienced false breakthroughs in the recent trend. After a rapid decline, it has been rising higher. The short-term trend is a deep V. This can also reflect that gold’s willingness to fall in the near future is actually not strong. The short-term trend has been There is a signal of bottoming out. Although long orders were wiped out in early...
Gold may choose to take profits near the $2,400 mark, so caution is needed before further appreciation.
You can buy #TRX here and on retest of the falling wedge. Best Buy order place is around the $0.1150 Targets are: $0.12141 $0.12650 $0.13158 $0.13881 $0.14803 $0.15975