AhmedAbdulsalam8393

AhmedAbdulsalam8393

It’s very good opportunity to sell Very strong resistance which make the price to the next support

AhmedAbdulsalam8393

buying areas for Bitcoin Centering from 38200, 30500 and 28500 These levels must fall before any strong rise The bull market will start ringing within two months to target a historic levels of 100,000 as a minimum, God willing

AhmedAbdulsalam8393

Important update for gold Still inside the down channel But I think there will be a false breakthrough at the top of the channel to target areas 2045 and then continue the decline to target areas 2015 and then 2000.

AhmedAbdulsalam8393

The price of gold begins today’s trading with a bearish bias, heading towards resuming the expected downward trend in the intraday term, which mainly targets testing the 1962.35 level. The Stochastic indicator provides negative signals that support the continuation of the downward trend, and breaking 1983.55 will make it easier for the price to achieve the...

AhmedAbdulsalam8393

Despite the weakness of the index price's recent trading, its continued provision of positive closings above the additional support represented by the 105.70 level contributes to enhancing the chances of it resuming the upward attack in trading in the near future. Also, the continued attempt of the Stochastic indicator to sneak towards the overbought level will...

AhmedAbdulsalam8393

The oil price succeeded in achieving our first expected target at 86.55, and we note that the price returns to test the pivotal support 84.55, which maintains its consistency in the face of negative pressures so far, so that the bullish trend scenario remains valid for the coming period, waiting to exceed the mentioned target to achieve additional gains up to...

AhmedAbdulsalam8393

The price of gold is hovering around the $2000 barrier per ounce, and continues to move within the ascending channel that appears in the chart, which supports the chances of continuing the upward trend and heading towards achieving our next main target, which is located at 2016. Hence, the upward trend scenario will remain effective, and may be preceded by some...

AhmedAbdulsalam8393

Yesterday, the index price returned to form new negative waves, and we notice that it is currently fluctuating near the stable support at 33,000, trying to find an opportunity to achieve a breakout, opening the door to resuming the main bearish attack suggested previously. Currently, with the attempt of the Stochastic indicator to exit from the oversold level,...

AhmedAbdulsalam8393

The price of gold ended yesterday’s trading above the 1977.25 level, confirming the breakthrough and heading towards resuming the expected upward trend in the intraday term, on its way to visiting the 2000.00 and then 2016.90 levels as the next main targets. We note that the price is affected by the bullish flag pattern that was completed after breaching the...

AhmedAbdulsalam8393

In yesterday's trading, the index price maintained its position above the additional stable support at 33000, trying to compensate for some losses by rushing towards 33415. We would like to note that this rebound will not affect the main downward path due to the general stability below the stable barrier at 33650, which contributes to confirming the dominance of...

AhmedAbdulsalam8393

Oil price trading stabilizes at the level of 84.55 after the strong decline witnessed yesterday, and we are likely to break this level to open the way for a continuation of the downward correction during the coming sessions, remembering that our next target reaches 81.20. Moving average 50 continues to support the proposed bearish wave, taking into account that...

AhmedAbdulsalam8393

The recent gold price trades are confined within a descending sub-channel that we believe forms a bullish continuation flag pattern as shown in the chart. Therefore, breaching 1977.25 will activate the positive effect of this pattern and then push the price to head towards our main awaited target at 2016.90. Therefore, we continue to favor the upward trend for the...

AhmedAbdulsalam8393

continues to fluctuate around the 1977.25 level, and faces some negative pressure to move below it now, which requires attention in the upcoming trading, as consolidation below this level will stop the positive scenario and place the price under negative pressure, mainly targeting the 1945.20 areas. We point out that the price needs to rise above 1977.25 to...

AhmedAbdulsalam8393

The price of Bitcoin (BTCUSD) opened today’s trading with a strong upward surge, exceeding our suggested target at 31046.55 and reaching the 35000.00 barrier quickly, opening the way for a continuation of the rise in the immediate and short term, as it moves within the ascending channel that appears in the chart above, which supports opportunities for achieving...

AhmedAbdulsalam8393

Ethereum (ETHUSD) price trading stabilizes around the 1550.00 level, awaiting a new negative stimulus that will contribute to pushing the price to resume negative trading to head towards our main expected target at 1479.00. Therefore, our expectations for the downward trend are still valid and effective, supported by the moving average 50, which is putting...

AhmedAbdulsalam8393

Bitcoin price (BTCUSD) succeeded in achieving our expected target at 26640.85 and found strong support there, showing some slight upward bias, and may retest the broken support of the ascending channel that appears in the chart before resuming negative trading again. Breaking the 26640.85 level will pressure the price to rush towards 25280.00 as the next negative...

AhmedAbdulsalam8393

The index price recently formed some negative trades during which it stabilized below the support of the ascending secondary channel centered near 105.70. We can notice from the attached drawing that it began to form a downward creep, thus settling near 105.35. We would like to note that the combination of the main indicators currently presenting negative momentum...

AhmedAbdulsalam8393

Oil price confirmed breaking the 84.55 level after ending yesterday’s trading below it, to support the continuation of the bearish corrective trend, whose next target is at 81.20. The moving average 50 continues to support the proposed bearish wave, and breaking the target level will put pressure on the price to incur additional losses up to 77.86, taking into...