Learn_And_Earn_Trading

Learn_And_Earn_Trading

This chart shows a technical analysis of Gold (XAU/USD). The price was moving within an upward channel, indicating a bullish trend. The price repeatedly broke resistance levels, confirming the uptrend. Now The price reached a resistance zone, leading to a reversal. Here we can expect, the price will be move in downward direction. towards support 3115 / 3110. KEY...

Learn_And_Earn_Trading

The market has been in an uptrend, moving within a parallel channel. There are multiple Breaks of Structure (BOS) indicating bullish momentum. The price has reached the upper resistance and is showing signs of rejection. A potential bearish move is expected towards the lower support area. The marked zone suggests a sell-off might occur after price breaks below...

Learn_And_Earn_Trading

Current Trend: Gold is moving within a range-bound structure between the support area (around $3,016 - $3,014) and the resistance area (around $3,032 - $3,036). Key Patterns: A W-shaped pattern has been observed, indicating multiple rejections from support and resistance levels. A breakout above resistance might push the price toward higher levels around...

Learn_And_Earn_Trading

Initially, Gold price was following an upward trendline and making higher highs. A breakout occurred, shifting the momentum into a downtrend, confirmed by a downward trendline and lower highs. Key level: Resistance Area: The price reached a high and then reversed. Support Level: The price found support multiple times. Bullish Scenario: A breakout above the...

Learn_And_Earn_Trading

1. Uptrend in a Channel: Bitcoin is moving inside an ascending channel, indicating a bullish trend. 2. Resistance Zone (88,000 - 89,000): The price might struggle to break this level and could reverse downward. 3. Support Zone (86,500 - 87,000): This is where buyers might step in to push the price back up. 4. Expected Movement: The price may rise toward the...

Learn_And_Earn_Trading

Go through the analysis carefully. 1. Resistance and Support Zones: The chart highlights key resistance and support zones. The price has reacted multiple times to these levels. 2. Downtrend Line: A downward trendline is present, acting as resistance. Price has tested this trendline multiple times and failed to break above it. 3. Current Price Action: The price...

Learn_And_Earn_Trading

Trend Overview: Gold is currently trading within a downward channel after a strong bullish trend. Key Levels: Resistance: Around 3,040 Support Zones: 3,000 and 2,980 Market Structure: The price has formed lower highs, confirming a bearish channel. A break above resistance may push the price towards 3,040+. If the price stays below the support zone (3,000),...

Learn_And_Earn_Trading

Gold was moving in an upward channel but recently broke the trend line, indicating a potential bearish move. The price tested resistance multiple times but failed to break above. Now, it is moving downward toward the support zone (around 2,980). If the support holds, we might see a bounce. If the price breaks below, further downside movement is expected. Key...