Price Movements: Bitcoin’s price has seen a notable decline, dropping below $54,0001. This drop follows a period of high volatility, with prices fluctuating between $53,500 and $57,0002. Market Sentiment: The recent sell-off has been attributed to various factors, including large movements of Bitcoin from Mt. Gox, which has raised concerns among investors3....
out look for this week till the news drop . technical analysis. Price Movements: Bitcoin’s price has seen a notable decline, dropping below $54,0001. This drop follows a period of high volatility, with prices fluctuating between $53,500 and $57,0002. Market Sentiment: The recent sell-off has been attributed to various factors, including large movements of Bitcoin...
gold has been trading cautiously above $2,350. The market is awaiting key economic data, such as the US Non-Farm Payroll (NFP) report, which could influence the Federal Reserve’s interest rate decisions. The price action has been relatively narrow, reflecting a consolidative phase as traders assess the impact of recent economic indicators2.
Despite some bearish technical patterns observed, such as head and shoulders formations and a potential bear flag breakout, the long-term outlook for gold remains bullish. Gold has received strong support in the $2295 – $2305 range, suggesting that significant catalysts would be needed for the market to settle below $2295. today gold went up by 0.53% since...
GOLD he 14-day Relative Strength Index (RSI) is hovering around the 50 level, indicating a neutral market sentiment. Gold is defending the 21-day Simple Moving Average (SMA) at USD $2,328, suggesting that the market is in a wait-and-see mode. For a bullish scenario to unfold, gold buyers are looking for a sustained break above the 50-day SMA barrier at USD $2,338....
Over the past two weeks, the gold market has experienced some interesting movements. According to the data from TradingView for the XAUUSD pair, which represents the price of gold in US dollars: Gold has seen a decline from a high of around $2370 to a low of $2325. However, after this drop, there was a rebound in demand, and gold started trading in the range of...
Buy to sell, and sell to buy small trade analysis , lets see dxy on monday and see what happens
Been checking gold since a while now , look's like its ready to go more bullish , the market might do a quick short till 1916 or 1912 at low for tomorrow Newyork open till close , we will have to keep an eye on dxy , still few places to be filled to complete the trend , lets wait and see