SroshMayi

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Gold Technical Analysis The price declined yesterday, as anticipated, and then reversed, currently attempting to reach the resistance level at 2661 before potentially turning bearish again if it stabilizes below this level. The price continues to show bearish volume, with targets at 2625 and 2612, as long as it trades below 2661. However, it may first test 2661...

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Technically: The price is still consolidating between 20860 and 20990, awaiting stabilization with a bearish volume below the lower range. Bearish Scenario: Stability below 20860, confirmed by a 4-hour or 1-hour candle close beneath this level, could trigger a move towards 20750 and potentially 2060 (confirm the exact level for clarity). Bullish...

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Technical Analysis The price recorded a new ATH at 45,025 yesterday before dropping. It now shows a bearish volume, with potential targets at 44,530 and 44,400. Bearish Scenario: As long as the price trades below 45,020 and 44,830, the bearish trend is expected to continue toward 44,530 and 44,410, especially if it stabilizes below 44,790. Bullish...

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S&P 500 Technical Analysis The price reached the resistance line and Recorded a new ATH, at 6034 Bullish Scenario: A decisive breakout above 6030, confirmed by a 4-hour candle close, would signal bullish momentum, with potential targets at 6068. Bearish Scenario: Sustained trading below 6030 could pave the way for further downside targets at 5970 and 5932. Key...

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Technical Analysis The price recorded a new ATH at 44,930, as anticipated. Now, it appears to be starting a bearish trend, though it is possible to touch 45,020 before the trend turns bearish. Bullish Scenario: The price should stabilize above 44,930, confirmed by a 4-hour candle close above this level, in order to target 45,200. Bearish Scenario: As long as...

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Gold Technical Analysis The price still has a bearish volume as long as it trades below 2661, so it's possible to touch 2661 before dropping if it can stabilize above 2644. However the general direction is downward due to the high pressure about increasing Inflation in the USA, so it needs stability above 2661 by closing 4h candle above it to be a bullish trend...

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Gold Technical Analysis Bullish Correction: The price is likely to attempt a move toward 2644 as part of a bullish correction. Bearish Scenario: After reaching 2644, or from the current station, the price is expected to drop again towards 2625 and 2612. Stability below 2612, confirmed by a 4-hour candle close, could trigger further declines to 2606 and...

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Technical Analysis The price has successfully reached an all-time high (ATH) and achieved the bullish target of 44,625 with precision. A potential bearish retracement may occur, targeting 44,400 or 44,280. A confirmed break below 44,270, validated by a 4-hour candle close, would signal the start of a bearish trend, with further downside targets at...

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Interest Rates and Economic Reports Boost Wall Street Futures; Asia and Europe Higher Wall Street futures edged higher in pre-market trading on Monday, supported by easing interest rates and a focus on key economic reports scheduled for the week. While the earnings calendar remains light, the market's attention is shifting toward fundamental economic data,...

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Technically: Geopolitics Weighs on Wall Street Pre-Bell; Asia Mixed, Europe Up Bearish scenario: Stability under 20750 will be bearish toward 20660 and 20550 Bullish scenario: If break 20860 by closing 1h or 4h candle above it will be bullish to 20990 Key Levels: Pivot Point: 20750 Resistance Levels: 20860, 20990, 21080 Support Levels: 20550, 20330, 20150

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As Friday's trading came to a close, uncertainty lingered over whether the world would continue its usual rhythm into Monday morning. Russia's President Vladimir Putin had raised the specter of nuclear retaliation in response to Ukraine's missile strikes on Russian territory, with the backing of the Biden Administration. However, a review of weekend headlines...

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Technical Analysis The price currently holds a bullish bias as long as it trades above 20860. Bearish Scenario: A sustained break below 20860 could initiate a drop toward 20750. Further confirmation, with a 4-hour candle close below 20750, would signal extended bearish momentum, targeting 20660 and 20550. Bullish Scenario: Stability above 20860 indicates...

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USOIL Analysis Bullish Scenario: A break and close above the pivot line at 70.50 could drive prices toward 71.78 and potentially higher levels at 72.74. Bearish Scenario: Stability below 70.50 will drop to 68.53 and if breaks that will continue dropping toward 67.03. Key Levels: Pivot Line: 69.80 Resistance Levels: 70.49, 71.78, 72.74 Support Levels: 68.53, ...

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Gold Technical Analysis The price has reached the resistance zone at 2706 and stabilized below it. Currently, the market is expected to consolidate within the range of 2681 to 2706 until a breakout occurs, with the bias leaning towards a move towards 2681. Bearish Scenario: The price is likely to test 2681 next. A confirmed break below 2681 would establish a...

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S&P 500 Technical Analysis The price exhibits bearish momentum as long as it trades below 5945, with potential downside targets at 5927, 5896, and 5863. For a bullish reversal, the price must break the current price by closing a 4-hour candle above 5945. If this occurs, the bullish trend could extend towards 5970. Key Levels: Pivot Point: 5945 Resistance...

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GOLD Technical Analysis: Consolidation and Key Breakout Levels The price has reached the supply zone at 2674, which was the previous bullish target. Now, the price is expected to consolidate between 2674 and 2661 until a breakout occurs. - A 4-hour candle close above 2674 will support a bullish move towards 2685 and 2706. - A 1-hour candle close below 2661 will...

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Technical Analysis Today's price is expected to test the resistance zone before initiating a bearish movement. However, as long as the price remains below 43,620 and 43,760, it is likely to drop towards 43,350 and 43,210. A break below these levels could extend the downward move further to the 42,770 area. Key Levels: Pivot Point: 43600 Resistance Levels:...

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The price will maintain bearish momentum as long as it trades below 20,750, with potential downside targets at 20,550. A break below 20,550 could extend the decline further to 20,330. For a bullish scenario, the price must break above 20,750 by closing at least a 1-hour candle above this level, which could lead to an upward move towards 20,860. Key Levels: Pivot...