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Consolidaion

GOLD → Retest of 2926 before a possible breakout. CPI aheadGold is rising after long-squeeze and consolidating at the top of the 2926 - 2893 range, which is generally a hint that the market is getting ready to break resistance. But it all depends on CPI Traders awaiting US CPI data. The dollar is partially recovering before the news, which is holding back gold, which continues to consolidate in front of 2921, but weak inflation data may push prices up again. New trade measures as part of Trump's tariff war and geopolitical tensions are having an additional impact. The negative part for the markets presents the lack of a clear position of the leaders of the countries and constantly changing opinions: then they specify tariffs, then cancel them. Inadequate swings in the markets. Resistance levels: 2920, 2926 Support levels: 2910, 2905, 2893 Emphasis on 2926, breakdown of this level will trigger a bullish rally. Now the price is trying to get out of the local consolidation to test 2926, from which a small correction is possible before another breakout. The focus on CPI, weak data may support further price growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
13
ETHUSD ❗ Price Go DOWN 📉ETH, I think, will stretch 15-20% of the high down. America is opening today, and there is a lot of negativity there. They stopped making covid payments, so some of the incentives still began to be phased out. And as you know, everyone was waiting for this and not in a very positive way. Potential while movement is in the channel. Based on the growth from 1800-2000 to 4000, I consider the correction to the 3400-3500 level as quite logical for testing support for strength and reducing overheating. Do you agree?) Your Solldy.
BITSTAMP:ETHUSDShort
by Solldy
4