The price of gold surged to nearly $2,320 at the start of Thursday, indicating a slight recovery in the market after previous challenging periods. However, upon examining the 4-hour chart, it's evident that the potential for price increase remains limited. The Simple Moving Average SMA 20 is trending below the Simple Moving Average SMA 100, signaling unclear...
The price of gold is hovering around the $2,300 mark. The reduction in geopolitical tensions, coupled with an increase in USD purchases, has influenced the volatility of gold prices. From a technical perspective, although there are signs of adjustment in gold prices, the Simple Moving Average (SMA) 20 is pointing downwards, indicating a potential slight increase...
The price of gold experienced a modest decline towards the end of Tuesday's trading session in the U.S. after reaching a high of 2,334 USD. During the Asian trading session the following day, XAUUSD continued to drop to 2,323 USD, marking a decrease of 0.11%. Despite the weakening of the U.S. dollar following the release of weaker-than-expected U.S. PMI data, gold...
Gold is facing difficulties in capitalizing on the previous day's gains and is oscillating within a narrow range as it enters the European trading session on Wednesday. Global risk sentiment continues to be supported by reduced concerns over escalating geopolitical tensions in the Middle East. This is attributed to the decline in the US dollar (USD) price, coupled...
The gold market (XAU/USD) is facing strong selling pressure for the second consecutive day, dropping to near its lowest level in over two weeks, hovering around the $2,300 mark before entering the European trading session. Despite overnight attacks on US forces in the Middle East, investors remain optimistic, believing that the conflict between Iran and Israel...
Gold has experienced a significant drop, pushing prices below the $2,340 threshold in Monday's US trading session. The easing of political tensions has provided clear indications that gold is gearing up for a profound adjustment. Additionally, expectations that the Federal Reserve will postpone interest rate cuts amidst stable inflationary conditions have further...
The price of gold (XAU/USD) continued its steady decline throughout the day, dropping below the $2,340 mark in Monday's US trading session. Reduced political tensions led to a deep adjustment in XAU/USD, while the looming possibility of a bond yield recovery in the United States further weighed on this currency pair. From a technical standpoint, the XAU/USD chart...
In the European trading session, gold continued to decline to near 2,350 USD after retreating during the Asian session on Monday. This persistent decline is attributed to the increase in US Treasury bond yields. Additionally, the political situation in the Middle East has eased, reducing concerns and the search for safe-haven assets like gold. Looking at the...
The EUR/USD is undergoing a period of notable volatility. After dropping to the level of 1.0600, the price has rebounded to near 1.0650. Despite signs of recovery, this currency pair continues to maintain a downward trend. Anticipated that the price will test the SMA 50 area before continuing its downward trajectory. Investors may wait to see if the downward...
Hi folks today I'm prepared for you Ripple analytics. A few moments ago price started to decline in a downward channel, where it at once rebounded from the resistance line and in a short time declined to the trend line, which is the support line of the channel too, thereby breaking the 0.6435 resistance level. But later, the price turned around and rose to a...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a not long time ago started to rise inside the upward channel, where firstly it declined to the 1.0780 resistance level, which coincided with the seller zone. Soon, the price broke this level and declined to support line of the channel, after which EUR at...
Hi folks today I'm prepared for you Gold analytics. A short time ago price declined to resistance 1, where it at once rebounded and made an impulse up to 1980 points. After this price corrected and then reached resistance 2, which coincided with the resistance zone. Gold tried to break it, but failed and declined below. As well, the price started to decline inside...
Hi folks today I'm prepared for you Ethereum analytics. A few time ago price rose to the support area, which coincided with support 1, and then continued to fall inside a downward channel. ETH fell to the support zone, which coincided with support 2, but soon it rebounded up and also exited from the channel. Next, the price some time traded near support 2, and...
Price action has been channeling in a zigzag pattern. Micro bearish impulse downward leg in development. Just pointing out levels to watch.
Impulse downward scenario up-to-date. As expected by the last bearish analysis, CZ coin is heading down to fall @ demand zones after a Head and Shoulders breakdown. Pullback to neckline accomplished.
Our Pattern Piper found a downward zig zag (USD/JPY) to closely resemble Coinbase's downward zig zag. What do you think?
After around 6 months of hugely profitable trading with MKR we've received a Short signal from Crypto Tipster v2 - looking at the chart there's 2 possibilities from here. Either we're actually looking at a period of consolidation whereby the price isn'y going to do all that much within the current range until it reaches the end of this wedge in a couple of weeks;...
Oh dear - Polis has just broken down through what appears it's last layer of support before a huge 30%+ drop. With a strong Sell signal from Crypto Tipster v2 this could be a great trade to make to start 2023! We'd be aiming for 30% on this but 50% or more is entirely plausible given the recent downward swing. If you enjoyed or agree with this idea - drop us a...