Following the major bull run, it is highly likely that the BTC correction extends. BTC currently Trading at resistance levels. I see price dropping to 52k in the short term.
Go forth and conquer, see you at the top!
With the yearly open acting as strong resistance, a break of the level will result in gold reaching the upper levels of the range that it is currently trading in.
Strong-long term resistance has been encountered. Huge bullish move that with little pullbacks, Is this the correction? Only- time will tell.
Go forth conquer.
See you at the top.
USDZAR in a long-term uptrend, however it has been correcting hence the downtrend. The currency seems to have found strong support and a bottoming pattern( Inverse head and shoulders). Completion of the pattern (breaking of the neckline will resume the uptrend.
Go forth and Conquer
See you at the top
Silver has found strong support at 22. Expecting rising bottoms from here onwards. Currently price is squeezing into strong resistance ,therefore a counter trend opportunity to the downside with targets 23.40 before the resumption of the bull trend.
Go forth and conquer.
See you at the top
It seems gold is starting to form rising bottoms.
Possible inverse head and shoulder resume the bullish trend. Due to anticipated dollar strength , I do expect another higher low to form, before the pattern playing out.