Elite_Gold_Mines

Elite_Gold_Mines Updated 

Gold is ready to fly soon. the drop that we have seen today was the correction in the market but the market is still bullish and will continue its trend. Russia and Ukraine war is getting intense and the dollar is falling constantly which indicates growth in the value of gold. Current supporting areas are 3330 and 3285. There are some chances that market drop...

Elite_Gold_Mines Updated 

Gold is above its key supporting areas and can go further high. For that gold need to be closed above 3300 and position and breakout 3330 and 3365 resistance on next week to go further high. The supporting areas are now 3265 and 3200 The resistance areas are 3330 and 3365 buying areas are 3290 and 3275.

Elite_Gold_Mines Updated 

The support below the 3300 position is very strong and the gold is has been unable to break the support area 3285. Currently it is above 3300 around 3302 if now gold maintains its bullish momentum and reach the 3325 position then it will go further high. As of i know i has set my targets 3325, 3365 and 3398 while my entries are 3300, 3290

Elite_Gold_Mines Updated 

USOIL is working under the range of 60.00 and 64.00. Today market tried to break the range but could not now market will test the upper areas. Now market will go high and will try to break the key resistance area 64.00. Support area 59.80 while the resistances are 61.70, 63.00 and 64.00. Buying areas 60.00 and 60.50

Elite_Gold_Mines Updated 

Eurusd market will continue its bullish trend the reversal in h1 candle indicating a potential buying opportunity. buying at this position would be a little risky as many economical data in this week are going to be released. even though buying momentum is strong but the supporting areas would be the better options for entering buy trades.

Elite_Gold_Mines

This drop in btcusd was expected after hitting all time high market had to drop this much but it took some time to happen. however, now market is at its key support area and now the from this position market can go back to 112000 or may be it go even higher. Supporting areas are 104000 and 101500 Resistance areas are 109500 and 112000 Buying areas are 103800 and 102500

Elite_Gold_Mines

Since the Bitcoin has hit all time high it has been working under the range 110500 and 106500. as now we know that market is range bound that means breakout of any area would determine the next trend currently market has dropped back to the supporting area and this area at the moment can be better for buy. i think market will go further high because is not done...

Elite_Gold_Mines Updated 

USOIL market 15 minute time frame shows possible bullish momentum if market break the range by crossing the area of 61.25 and h1 gives closing above 61.25 then the next move of the market would be to break the resistance 62.00 to reach the target 63.00. Currently the market is working under the range of 60.20 to 61.25. Technical Aspects are as...

Elite_Gold_Mines

Gold is still bullish as it tried to break the 3316 support but market supported gold at this position with high liquidity which shows investors in Gold. That also indicate that the investors are not taking profit right now. Market now if cross 3365 position then it will try to hit new high. Currently market is working under the range and no breakout of either...

Elite_Gold_Mines

on m15 candle market is bullish and is about to break the resistance area of 110000. Market's momentum is bullish and after testing the lower areas bitcoin is ready to form a new high close to 114k or may be above. currently the resistance areas are 110000 and 112000 while the supporting area is 106500 if market drops from 106500 then it may go down to 100k. but...

Elite_Gold_Mines

xauusd pair momentum is bullish at h1 candle. market might not drop this week and can hit a new high above 3500 between 3500 and 3600. market's current price is 3345 if it drops it will bounce back from the supporting area 3280 and if does not drop it might goes up to the 3445 area to test and will try to break that area. Currently the resistances are 3365 and...

Elite_Gold_Mines Updated 

last day on Thursday market tried to form a new high but could go further high the liquidity was very low. currently to hit a new high above 112000 market should drop back to 106300. Currently there are only sell levels left to take while the buy areas cant be utilized as market has not formed any. Technically the 112000 is resistance while the 110000 is the...

Elite_Gold_Mines Updated 

gold has been bullish since the Moody's report regarding the rating of dollar and the US debt and the impact would last few more days. currently gold can go high as its momentum is in favor of bulls. Technically the resistance is 3345 that market seems unable to break while 3320 is the support area as market has twice pushed the gold price from this area....

Elite_Gold_Mines Updated 

btcusd can drop from the current position as market will try to correct itself after hitting all time high. market can possibly retest the lower area 106500 which is apparently a supporting area now. but if market breaks this area then the drop would be intense. Technically the resistance here is 111800 which is my second entry while the first entry is 111000 and...

Elite_Gold_Mines Updated 

Gold is still bullish as it is above the 3300 position and the support of 3285 seem strong but to hit 3345 market needs to break the 3316 resistance and h1 canle should be closed above 3320 which will increase the chances of bullish momentum. Market is in a complicated range and is not giving a clear picture of the next trend which makes it hard to analyze but...

Elite_Gold_Mines Updated 

Xauusd pair is suppose to go further high as its momentum is bullish and it has already breakout the key resistance area 3255. further dollar after Moody's report continuously dropping which further boost gold value. now market is bullish but before going further high it can drop back to 3260 as market left it untouched. from the 3260 area it will again fly with...

Elite_Gold_Mines Updated 

btcusd has been above 100k for almost 2 weeks and is trying to hit a new high. currently market is so close to break the last high. the only resistance that was pushing market down 106500 has been broken and now market can create a new high. i think it might form new high between 111000 and 112000.

Elite_Gold_Mines Updated 

xauusd is bullish now it has dropped a little which is the temporary retracement and market can hit 3350 today. Technically the supporting areas are 3280 and 3290 which are also my entry points while the resistance is 3320 which market need to cross to reach our target. Entry 3290, 3280 resistance 3320 Targets 3320 and 3350