In daily timeframe, gold broke out of the descending channel and doing do formed a double bottom (almost a triple bottom ;-)), if we can see a pull back to 1735 it would be a good buy zone with TP of 1858.
The point shown with arrow is an important price for NZDUSD. I have to watch out for news surrounding USD in the days ahead. If the news are bullish for USD and price could break under the 0.62850 zone, the 0.60150 zone would be the ultimate Take Profit Spot which is the 50% Fibonacci level. Otherwise, if we see some negative new about USD it can be PRZ for...
There is a possible break down of BTCUSDT, as shown in the chart we can see a Triangle pattern if it breaks lower than the Triangle we can see a downward trend to 16,300. Otherwise it would not be valid.
The orange trend line is drawn from Nov 3rd, the price broke the trend line recently, and reacted to the trend line again. There is a support level around 1.05848 also the price is at the top of Bollinger Bands in 1H timeframe, so a SHORT at 1.064 could be a good idea with TP of 1.059 for a sweet 50 pips of profit.
This idea must come true for today or at most...
In this chart I have shown the probability of Gold reaching the 1710-1712 price range in the course of next few days.
It has broken its' one week trend line and is heading towards the two weeks trend line, if it is broken too, the next target could be highlighted area with the rectangle.
