Get started

4h

XAUUSD (GOLD)The Gold/US Dollar (XAU/USD) 4-hour chart shows a potential inverse head and shoulders pattern, indicating a bullish reversal. The price is around 2329.01 USD, facing a mini resistance level at approximately 2340 USD. A strong resistance and supply zone is noted at 2368.73 USD. The chart suggests a bullish breakout from the mini-resistance level, targeting the 100% retracement level at the strong resistance zone. Key levels to watch include the mini resistance at 2340 USD and the strong resistance at 2368.73 USD for confirmation of the bullish move.
EIGHTCAP:XAUUSDLong
by Dhareja
XAU-USDThe chart for Gold/US Dollar (XAU/USD) on a 4-hour timeframe from EightCap shows a bearish trend. The price is currently at approximately 2311.85 USD and has broken below an upward trendline, indicating potential further downside. A significant resistance level is identified around 2326.63 USD, where the price faced selling pressure before the recent drop. The chart projects a possible downward movement, represented by a yellow arrow, suggesting the price might attempt a brief recovery towards the resistance level but is expected to continue declining. The target for this downward movement is around 2300.20 USD, with potential further decline to 2286.78 USD. These levels represent significant support areas where buyers might step in. The highlighted area in green indicates the expected pullback zone before the continuation of the bearish trend. In summary, the chart indicates a bearish outlook for XAU/USD, with the price breaking below the trendline and facing resistance at 2326.63 USD. The key support levels to watch are 2300.20 USD and 2286.78 USD. Traders should monitor the price action around these levels to confirm the continuation of the bearish trend and potential further decline
EIGHTCAP:XAUUSDShort
by Dhareja
BTC/USDT 4hInterval Chart ReviewHello everyone, I invite you to a quick review of BTC to USDT pair, taking into account the four-hour interval. As we can see, currently the price has bounced off the downtrend line and we can observe a rebound. Moving on, we will move on to marking support areas when the price starts to go down again. And here, using the trend based fib extension grid, we can see significant support at the level of $68607, then the level of $67672 is important, and then again a strong support point at the level of 66474. Looking the other way, we can similarly determine the resistance points and here we can see the first resistance at level of $70,536, further visible at $71,844 and then strong resistance around $74,000. It is worth mentioning that the RSI indicator approached the place where we could previously observe a price rebound, while the STOCH indicator approached the lower limit, which also resulted in a quick rebound from the trend line.
by cryptodailyuk
SasanSeifi 💁‍♂Will We See a Break Above $1.32❓ Hi there! Taking a look at the 4-hour timeframe, the overall trend has been oscillating within the price range of $1 to $1.30. The price has recently bounced off the $1.20 demand zone and is currently trading in a range of around $1.28. In the short term, there is a possibility of a HIGH above the previous high of $1.30 and growth to the liquidity zone target of $1.38/$1.50. I expect the price to see growth after ranging or making a minor correction if confirmed. The key support zone is $1.20. Conversely, if the price breaks below the LOW and settles below $1.20, further correction is likely. Remember, this isn't financial advice! Always do your research before making any trades. Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌ if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
by SasanSeifi
1
$ETC may have another leg down to 20.00 area on 4hHere on BME:ETC , we can see a lot of down pressure on the 4h time frame The 1st and 3rd targets was already achieved as is indicated over the numbered pink arrows as this targets were from the downtrend above Now, it looks like a downtrend flag is forming inside the yellow area This flag is giving us another 2 more down targets the coincide with the floor of yellow channel and another blue support down there So here we have a lot of confluences that indicate this downward pressure will happen As CRYPTOCAP:BTC is still going sideways and there is some form of cooling down this last days, is much plausible that BME:ETC will have a final last drop on targets number 2 and number 4
by CCCLopes
SasanSeifi 💁‍♂EUR/USD 4h 🧐Key Levels to WatchAfter a correction from the supply zone and a correction based on the latest analysis, the price faced demand again and was able to rise to the target of 1.080. Currently, by examining the FX:EURUSD chart, as you can see, after rising to the desired target, the price is trading in a range of around 1.077. There is a possibility of further correction in the medium and long term. In the meantime, I expect the price to rise to the supply zone and order block area. Then, we can look for selling opportunities between the price ranges of 1.083 and 1.085. In case of further growth, to better understand the continuation of the trend, we need to see how the price reacts to the mentioned ranges. Confirmation of the sell is very important. The previous analysis 👇 This is not financial advice. Always do your research before making any investment decisions. Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌ if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Short
by SasanSeifi
SasanSeifi 💁‍♂ EUR/USD (4-Hour Timeframe)Based on the 4-hour short-term chart of the FX:EURUSD currency pair, the price has been trending upwards from the 1.060 support zone. The price is currently trading above the EMA 60 and moving towards a supply zone. 🔹The current outlook is positive, with a potential for further upside movement towards the target zone of 1.077/1.080. ⏭An alternative scenario involves the price pulling back from the supply zone after a minor correction and then resuming its upward trajectory toward the target zones within the liquidity gap area. Key Support and Resistance Levels: Support: 1.070/1.068 Resistance: 1.077/1.080 🚨It is important to note that today is a significant news day, which could lead to increased volatility in the market. This is not financial advice. Always do your research before making any investment decisions. Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌ if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Long
by SasanSeifi
XAU-USD (GOLD)A stronger US dollar and fewer worries about inflation caused gold to retreat after hitting a record of 2431. Market volatility is caused by geopolitical tensions between Iran and Israel, which initially increases demand for safe havens. Fed officials' remarks that strengthen the US dollar work against the price of gold. Fed rate cut bets and bullish USD seem to have little impact on the current upswing. Given how near the daily support is, there's a greater likelihood that the price may pick up additional positive momentum in preparation for the new high. And the market has a strong 4h support level at the 2330-2320 zone that is mentioned in the chart.
TVC:GOLDLong
by Dhareja