The chart shows a clear uptrend overall, with a recent pullback. Support and Resistance Levels Primary Resistance : Around 2,880.00 - 2,885.00. This is a significant level where the price previously encountered selling pressure and was rejected. Secondary Resistanc e: Near 2,900.00. This is a psychological level and a potential area of further...
Technical Analysis: Gold Spot (XAU/USD) 1-Hour Timeframe --- Support & Resistance Zones 2,796.- 2,800.00 : Current consolidation upper boundary (BUY level). A breakout here could target 2,820.00 followed by 2,840.00 (swing high). 2,820.00 - 2,840.00 : Major resistance zone. A break above 2,840 confirms bullish momentum. Immediate Support: :...
**Technical Analysis: Gold Spot (XAU/USD) 1-Hour Timeframe** *Key Levels, Liquidity Zones, and Trend Outlook* --- ### **Support & Resistance Zones** **Immediate Resistance:** - **2,799.91 - 2,800.00**: Current consolidation upper boundary (BUY level). A breakout here could target **2,820.00**, followed by **2,840.00** (swing high). - **2,820.00 -...
Current Price: 97,840 Support Level: 95,059 Resistance Level: 99,000 Next Support Level: 92,200 Next Resistance Level: 103,500 Bullish Scenario: If the price breaks above the 99,000 resistance level with strong volume, consider entering a long position with a stop-loss order below the 95,059 support level. If the price further breaks above 103,500, adjust your...
At the time of writing, Bitcoin is trading at $97,839, down 0.38% on the day. The overall trend appears to be downward, as evidenced by the series of lower highs and lower lows on the chart. There is a clear horizontal support level around $97,000, where the price has found support multiple times in the past. On the other hand, there is a resistance level at...
The 15-minute chart of Bitcoin (BTC) against the US Dollar (USD) presents a mixed picture. While the price has shown a slight uptrend in the recent past, several technical indicators suggest a potential for a pullback or consolidation. **Key Observations:** * **Overbought Conditions:** The Relative Strength Index (RSI) is currently above 70, indicating...
BTC's Price move Plunge: A Temporary Setback or a Long-Term Trend? A Deeper Dive into Bitcoin's Technical Analysis The overall trend for Bitcoin appears to be bearish, as evidenced by the descending support levels and the downward slope of the moving averages. The 50-day EMA is currently below the 200-day EMA, further reinforcing the bearish trend. A break below...
The 4-hour chart of NVIDIA Corporation (NVDA) presents a bullish outlook, characterized by a series of higher highs and higher lows. This upward trend is further supported by the positive divergence between the price and the Relative Strength Index (RSI). Price Action: The price is currently trading above its 200-period moving average (MA), which is a bullish...
The XAUUSD pair is currently exhibiting a bearish trend, as evidenced by the downward sloping price action on the 4-hour chart. This downward bias is further reinforced by the position of the price below the 200-period moving average (MA). Technical Analysis: Price Action: The price is currently trading below its 200-period MA, which is a bearish signal. ...