U.S. stock futures inched higher early as a correction Tuesday after the three major averages sold off sharply. Investors also awaited President Donald Trump’s tariffs on Canada and Mexico, which he said would take effect on Tuesday. The price declined as anticipated and has stabilized below 20,545. Today, it is expected to attempt a breakout at 20,345 to reach...
Gold prices declined slightly on Tuesday as market participants exercised caution in anticipation of the imminent implementation of U.S. President Donald Trump’s tariffs on Canada, Mexico, and China. The price of gold has stabilized above the breakout zone and has shown signs of further upward movement toward the 2905 level. From both a technical perspective...
Gold prices by the "breakaway gap" rose on Monday, helped by a weaker dollar, while a delay in finding peace in Ukraine and concerns over the U.S. tariff policy fueled safe-haven demand for the metal. Despite this upward movement, gold remains under selling pressure and continues to trade within a strong support zone. A sharp upward movement is anticipated,...
Bitcoin's price surged on Sunday following President Donald Trump's announcement of the establishment of a strategic crypto reserve for the United States, which will include Bitcoin and Ethereum. Aside from technical chart analysis, we must remain prepared for any potential decision by Donald Trump that could significantly impact Bitcoin’s direction. Bitcoin...
Nasdaq 100 futures recorded a 0.25% gain on Monday, reaching the resistance level of 21,030 amid ongoing uncertainty regarding former President Donald Trump’s proposed tariffs on key U.S. trading partners this week. The price exhibited a modest increase before retreating below a critical resistance zone, which ranges between 21,385 and 21,030. This zone plays a...
GOLD Since yesterday, the gold price has experienced a sharp decline and is currently attempting to break the 2860 support level. Before continuing its downward movement, there is a possibility of a temporary rise toward 2880, which could act as a key resistance. A confirmed break below 2860 would strengthen bearish momentum, leading to further declines toward...
HELLO SPX500 The price followed my previous analysis, experiencing a sharp decline. After such a steep drop, a corrective movement is necessary, and currently, the price is in a retracement phase toward the 5886 level. If it manages to break above this level, the price is likely to extend its upward correction, potentially reaching the upper boundary of the...
The price action suggests that a bullish correction might unfold before continuing its downward movement. The current positioning near the bearish target zone indicates a potential reaction from buyers, leading to a temporary push upwards. Given the historical behavior around similar levels, a price rebound above 2.5085 is plausible before sellers regain control.
The price has stabilized below the consolidation zone, confirming a bearish continuation. After falling from the consolidation zone, the price reached the support level at 2363, which acted as a temporary barrier and initiated a corrective move. This correction may extend toward 2576 before the next major move unfolds. If the price fails to break above 2576, the...
Hello traders, The price has stabilised below the support zone, reinforcing the bearish trend as long as it continues to trade beneath this level. Remaining below this zone is likely to drive the price down to 5,947. If this level is breached, the price will encounter the channel, which must be broken with a 4-hour candle close to confirm the bearish trend....
HELLO Everyone As previously anticipated, the price has declined, breaking the channel, and is currently attempting to cross the support level at 21,170. We should wait for the correction to complete towards 21,380 before the downtrend resumes, aiming to break 21,170 and subsequently reach 20,730. However, if the price reverses and stabilizes above 21,380 for...
The gold price is currently moving within a key zone between $2,880 and $2,860. Technically, this zone is expected to influence the market direction. A rebound from this area could drive prices upward toward $2,908, followed by $2,935, and potentially reaching the previous high resistance level. However, if the price breaks below this zone, a sharp decline is...
Gold prices inched higher on Wednesday after hitting a one-week low in the previous session, as uncertainties stemming from U.S. President Donald Trump’s tariff plans dampened risk appetite and boosted demand for safe-haven bullion. Gold price reversed from the high and broke below 2935, currently testing the 2908 level. The price attempted to break 3908 but...
HELLO, HAVE A NICE AND PROFITABLE DAYS Gold prices edged up on Monday to trade near its record peak, helped by a weaker U.S. dollar, while investors looked ahead to a key inflation report due later this week to gauge the Federal Reserve’s interest rate trajectory. Gold (XAU/USD) remains above the 2935, which is last previous resistance. Buyers are holding...
HELLO TRADERS Last week has concluded. The US NAS100 index experienced a sharp decline and stabilised below the previous support zone, currently trading within this zone and around the 21570 level. There is also the possibility of prolonged consolidation in this area. Market conditions are expected to remain bearish as long as prices remain below the last...
BTCUSD Technical analysis The price has consolidated between 96.70 and 93.72, and it appears to be exhibiting a bullish trend, with the upward momentum continuing. The robust support zone has propelled the price upward, enabling a breakout of the 96.70–100.09 range. If the price manages to breach this zone again, the prevailing bullish momentum is likely to be...
SPX500 Technical Analysis The price is consolidating near 6,142, testing the all-time high without a strong breakout. If it breaks and sustains above 6,198, the bullish trend may continue, leading to new highs. However, the presence of a rising wedge suggests a potential reversal if resistance holds. If the price fails to break higher, a retracement toward 6,074...
GOLD Technical Analysis There are two significant obstacles ahead that indicate gold is likely to rise again to its highest levels: the 2908 and 2880 levels. The recent decline in gold below the last resistance at 2939 is a temporary corrective movement, and the price is attempting to break through this strong resistance once again. We should wait for a...