financialflagship

financialflagship

Gold has exhibited remarkable strength in recent days, surging from around $2,960 to establish new all-time highs above $3,230. After this vertical move and having reached overbought conditions, the 4-hour chart indicates a likely correction phase is imminent, with price projected to retrace toward the highlighted support zone around $3,160-3,170, which previously...

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Silver (XAG/USD) appears to be in a recovery phase after experiencing a sharp selloff in early April that found a bottom near $2,840. The 4-hour chart shows the price has rebounded significantly from those lows and we are expecting for it to form a correction pattern. Based on the projected price path, we can expect a period of consolidation with some downside...

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Based on the USD/JPY 4-hour chart, the higher probability move appears to be to the downside. The pair has established a clear downtrend since early February, with lower highs and lower lows, and recently broke below the significant support level around 144.00. The recent steep decline from late March to early April shows strong bearish momentum, with price now...

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Bitcoin continues to navigate a messy consolidation range between $80,000 and $89,000, with the current price hovering around $84,002. This choppy price action reflects market indecision following the significant decline from the $100,000 area in late January. Despite the lack of clear direction in the short term, the higher probability move appears to be to the...

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The USD/CAD pair has experienced a notable correction from the 1.4400 resistance level, with price currently being at the 1.4215 area. If a correction happens like the one highlighted by the arrows, traders may find an attractive buying opportunity on smaller timeframes, aligning with the larger bullish trend that's been in place since February. The recent...

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Gold has reached a critical juncture as prices have sharply retreated to test the major uptrend line that's been in place since late January. Currently trading at $3,038.98, the precious metal has experienced a significant pullback from its recent all-time highs above $3,160. This trendline has supported gold's impressive rally for months, making this test...

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The USD/JPY pair currently sits at a critical technical juncture, trading around the 149.84 level, where market participants are closely watching for directional cues. The price action has been respecting an ascending trendline since early March, suggesting underlying bullish momentum, while simultaneously testing the lower boundary of a significant resistance...

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The gold market is displaying remarkable strength, with the XAU/USD pair recently breaking above the $3,085 level to establish new historical highs. The upward trajectory has been supported by a robust ascending trendline dating back to late February, indicating persistent bullish momentum. While the immediate trend remains decidedly positive, technical indicators...

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The Bitcoin/USD 4-hour chart displays a consolidation pattern after recovering from the March lows near $77,000, with current price action hovering around $83,928. Following a recent test of resistance at $86,500, a minor pullback appears to be underway, but the higher probability move remains to the upside as indicated by the directional arrows on the chart. The...

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The Silver/USD 4-hour chart displays a significant retracement from recent highs around $3,420, with price currently rebounding near the $3,300 level. This correction has brought price to test both the ascending trendline and the horizontal support at $3,275 (marked by the red line), creating a potential buying opportunity. Given the overall uptrend structure and...

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The US Light Crude 4-hour chart shows price action currently oscillating near the $68,60 level after recovering from early March lows. The recent price structure suggests we may see a short-term pullback before a stronger upward move develops. The chart indicates a potential bullish scenario with price expected to eventually rally toward the blue reaction zone...

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The USD/CAD 4-hour chart displays a complex price structure with recent upward momentum after finding support in the blue reaction zone (approximately 1.4250-1.4280). Currently trading around 1.4350, the pair appears poised for continued upside movement, with the higher probability scenario being a break above the orange resistance line at 1.4402. This view is...

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The EUR/USD 4-hour chart shows a recent downward movement after reaching peaks around 1.0950. Price action indicates a bearish momentum developing, with the pair currently trading at approximately 1.0815. We are expecting a pullback to occur first to the reaction zone marked on the chart (approximately 1.0730-1.0750 area, highlighted in blue), which represents a...

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Gold spot prices have established a strong uptrend against the US dollar, currently trading near 2,986 after recently testing the psychological 3,000 level. The price action indicates a potential pullback to the blue support zone around 2,955-2,965 before resuming its bullish trajectory. Technical analysis suggests that the ascending trendline, which has supported...

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The GBP/JPY pair is displaying strong bullish momentum as it trades near 192.25, having recently tested but failed to break through the key resistance level at 193.05. After forming a higher low structure within an ascending trendline since late February, the pair shows notable strength with buyers stepping in at each pullback. Technical analysis suggests that the...

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The USD/JPY pair appears to be forming a potential reversal pattern after reaching a low around 146.50 in early March. Having bounced from this support level, the price is now hovering near 148.60 with indications of a larger corrective move ahead. Technical analysis suggests we are expecting a bigger correction in this area, with the price likely to test higher...

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The EUR/USD pair appears to be approaching a significant correction phase after its recent rally to the 1.09 level. As shown on the chart, we're expecting a pullback from current levels, with two key support zones (marked in blue) serving as potential targets for this retracement. The upper blue zone around 1.0650-1.0680 represents the first support area where...

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US Light Crude's 4-hour chart suggests a high probability that price will continue with the dominant downtrend and eventually break below recent lows. Currently trading around $67.17, crude oil has been in a persistent decline since late February, forming a series of lower highs and lower lows. The chart's projected path indicates a potential corrective bounce...