Gold seems to be breaking out from its falling wedge formation. price target as follows
Price seems to trading in a possible rising wedge which is in confluence with my previous idea
Price has been testing resistance a lot, should be due for a breakout to the upside soon
The breakout is still intact with the target price being $50
Anticipating price to hit support between 1625-1650 and bounce up.
Patiently waiting for the DXY to test my white trend line before a possible reversal lower in the US dollar
The bullish bias for uniswap still holds as it continues its rise to new all time highs
Next medium term target should be $30 it may take some time but should be achievable next month
Patiently waiting for price to retest support before a potential breakout.
Price is about to breakout above resistance or get rejected wait for confirmation
I expect the price to retest my yellow trend line which is in the region of 26,000 to 27,000 where support should be held.
Made a mistake with the previous idea that I posted as I had the chart on log scale. I expect the price to rest my blue trend line as support and possibly retest resistance
As expected from my previous idea which is shown below that price to retest the trend line and breakout in February. There is a slight possibility we could breakout out sooner. Price needs to break above $1965 for the bullish rise to continue.