US unemployment data print coming in higher than paused dollar upbeat and calling on gold buy reinforcement which quickly broke the supply roof and to close the day on bullish footnote . gold could touch a higher sell zone in the zone 2785 and test the current ALTH AND 2800 IS POSSIBLE
GOLD will likely form double top before bearish drop, buyers came in on 2736 and defended that zone a retest into 2770 will be watched and if they don't respect my analysis than i will watch 2815-2810 for a pay day next week
gold might make a double top structure on 2764-2768 ascending trendline and sell above that level will expose higher sell zone
When gold touches the supply roof on the daily chart, it's a significant development. The supply roof represents a strong resistance level where sellers are likely to enter the market on sentiment the ascending trendline have kept bearish order and a tap into the structure on newyork session at 2763.8 might return correction where we will look on demand floor...
AUDJPY on demand floor could potentially reach buy target ,The price action of AUD/JPY today, January 22, 2025, is showing a slight increase. As of the current time, the exchange rate is around ¥98.214, The pair has been consolidating, moving back and forth, and is likely to continue this trend until the Bank of Japan's interest rate decision on Friday BOJ...
Gold buyers defending 2716.87 during newyork session suggests that this level has become a significant support, which could lead to a bounce in price to attempt to break 2747 -2750 SUPPLY ROOF. This defense indicates that buyers are actively supporting the price at this level, preventing it from falling further. I see a swing into 2764-2758 zone if we correct...
Gold buyers defending 2716.87 during newyork session suggests that this level has become a significant support, which could lead to a bounce in price to attempt to break 2747 -2750 SUPPLY ROOF. This defense indicates that buyers are actively supporting the price at this level, preventing it from falling further. I see a swing into 2764-2758 zone if we correct...
Gold buyers defending 2716.87 during newyork session suggests that this level has become a significant support, which could lead to a bounce in price to attempt to break 2747 -2750 SUPPLY ROOF. This defense indicates that buyers are actively supporting the price at this level, preventing it from falling further. I see a swing into 2764-2758 zone if we correct...
Gold buyers defending 2716.87 during newyork session suggests that this level has become a significant support, which could lead to a bounce in price to attempt to break 2747 -2750 SUPPLY ROOF. This defense indicates that buyers are actively supporting the price at this level, preventing it from falling further. I see a swing into 2764-2758 zone if we correct...
Gold buyers defending 2716.87 during newyork session suggests that this level has become a significant support, which could lead to a bounce in price to attempt to break 2747 -2750 SUPPLY ROOF. This defense indicates that buyers are actively supporting the price at this level, preventing it from falling further. I see a swing into 2764-2758 zone if we correct...
Gold buyers defending 2716.87 during newyork session suggests that this level has become a significant support, which could lead to a bounce in price to attempt to break 2747 -2750 SUPPLY ROOF. This defense indicates that buyers are actively supporting the price at this level, preventing it from falling further. I see a swing into 2764-2758 zone if we correct...
Gold buyers defending 2716.87 during newyork session suggests that this level has become a significant support, which could lead to a bounce in price to attempt to break 2747 -2750 SUPPLY ROOF. This defense indicates that buyers are actively supporting the price at this level, preventing it from falling further. I see a swing into 2764-2758 zone if we correct...
GOLD will be watched if price gets into 2764-2758 sell from that zone the next zone to watch is 2750 the roof of the bullish ascending channel .and 2717 remains a support floor to watch follows by 2697
the yellow metal after breaking demand floor failed to use it as supply roof ,buyers returned to buy floor hoping to send the yellow metal to 2738 the roof of the bullish ascending channel before final push into 2764-2758 sell range
Based on the current market structure, it's possible that BTC might drop to the $95 level, but there are also arguments against it. Here's a balanced analysis: Arguments For a Drop to $95: 1. Historical price action: BTC has previously shown a tendency to retest broken support levels, which could lead to a drop to $95. 2. Fibonacci retracement: A pullback to the...
The GBPJPY support is holding buy sentiment at 189.441 due to a combination of technical and fundamental factors. From a technical perspective, the price has formed a double bottom pattern around the 189.441 level, indicating a potential reversal of the downtrend Fundamentally, the BOJ's threat of Forex intervention has not had a significant impact for now until...
BTC ,it feeels good to see price return to the buy zone in the 100-99k zone and pushed to update ALTH at 109k level,it could short from the zone due to the price action
the trump coin could on sentiment become a millionaire play coin, if the break above the double top on 30min chat ,expect a rally on sentiment .