XAU/USD Analysis (Gold Spot/USD) 📊 Timeframes Analyzed: - 1H Chart: The price is currently trading at $2,657 , consolidating near the key resistance zone between $2,659 and $2,660 . This area aligns with the 61.8% Fibonacci retracement level , which has historically acted as a strong supply zone. Price action shows multiple attempts to break above...
BTC/USD Analysis (Daily Chart - D1) Price Structure: - Bitcoin is currently trading at $96,884 , approaching a key resistance zone between $98,000 and $100,000 . This area has historically acted as a significant rejection point, as seen in previous candles with long upper wicks around this region. - The chart shows a clear rebound from the support...
XAUUSD Analysis (Gold Spot/USD) 📊 Timeframes Analyzed: - 4H Chart: Price is approaching a key resistance zone (Demand Range - DR) around 2,637, which has acted as a significant supply area in previous attempts. The overall structure shows consolidation within a broader range, with a potential breakout scenario if price breaches the resistance zone. A...
XAUUSD Analysis (Gold Spot/USD) 📊 Timeframes Analyzed: - 1H Chart (Left): Price is trading within a descending channel, showing a clear bearish structure. The current movement has reached the upper boundary of the channel, aligning with a significant supply zone (marked in red). Additionally, the 0.382 Fibonacci retracement level reinforces this area as a...