mike-b

mike-b

Based on previous analyses, I had considered the potential for gold to rise to the 3035-3083 range. At the moment, it seems poised to climb towards **3045** as the main upward wave, followed by a corrective move towards **3083**.

mike-b

In the 4-hour timeframe, the completed second and third waves are clearly visible, and in the near future, we could see a potential significant drop.

mike-b

I’ve analyzed the 4-hour timeframe alongside the weekly and daily charts. Based on the resistance levels, I believe 3085 is the maximum target for this upward move. After that, I expect a price drop toward 2760. For now, this is my outlook, and I’ll update my analysis once these waves play out.

mike-b

In the daily timeframe, I think global gold will touch the 3085 range, then decline to 2760, then re-enter the rising phase and reach a new target and peak of $4400.

mike-b

I think global gold is currently touching the target that was mentioned several months ago, which is 2997, but the main resistance could be 3085, from which we can imagine a decline towards 2760. On a monthly time frame, there is a vague target that shows the number $6000, and most likely, if it happens correctly, we can see this happening in late 2029.

mike-b

To me it could fall from this price to 136.36and then, after a correction, fall back to its second support line.

mike-b

It looks like it will experience a nice uptrend in the medium term and rise to the resistance levels shown in the picture.

mike-b

EURO/USD is also in a downtrend and after Some Range waves, it could make a sharp decline towards the support levels shown in the picture.

mike-b

In my opinion, gold can create a new upward wave from this range towards 2835 and a new peak can be made.

mike-b

It seems that the corrective wave of wave 4 of 3 is over and an upward trend can be made towards the target of 2660-2560. After that, it will again enter a time price correction and then in the future it can move towards the final target of $3000.

mike-b Updated 

Seems it needs more time it springto be sqeezed till 16-18$ and will bump up toward 56-59 as a first target

mike-b

In the previous analysis, it was also mentioned the growth of gold, which reached 2195 from 2033, now it needs a minor correction, which can correct up to 2125 and then go up to the next main targets, i.e. 2485 and 2695. There, the chart should be checked again. but I considered the possibility of a decline, after which it will touch the main and final target of $3,000

mike-b Updated 

NEAR can happen in two ways, because the previous increasing wave was 3 waves, probably the third wave of 3 or 5 waves can happen. The targets of this growth are also specified in the chart.

mike-b Updated 

the gold is currently in the third wave of the pattern and it is likely that it can move towards the targets specified in the chart. A buying support range has also been specified.

mike-b

Cardano is executing the third wave of pattern N, which can advance to the end of the channel

mike-b

It seems that the corrective wave is over, it can make a good growth in the form of an increasing wave. The targets are specified in the chart.

mike-b

Basically, this third wave should be equal to the first wave that I specified as the target. It is really hard to say about the buying position with the momentum it has gained, because it is now in wave 3 out of 3, and Lee probably has to go to 60,000 for the end of wave 3 and 5 out of 3, and it should be checked again there. Now, the halving, which they say is...

mike-b

A corrective wave can happen either as a double bottom or a triple bottom, and after that, there is a possibility of a third wave with the targets specified in the chart.