Henrybillion

Henrybillion

Hey Everyone, Please see our updated one h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above 2905 and a gap below 2872. We must see ema5 cross and lock on either weighted level to determine the following range. We will see levels tested side by side until one of the weighted levels breaks and locks...

Henrybillion

XAUUSD is testing ATH, which generally increases the chances of growth continuation. The 3000 target is getting closer and closer. Retail sales data is ahead. Metal consolidates after the rally, remaining in an uptrend: Trump's tariff plans and expectations of Fed easing support the metal. PPI data reinforced dovish sentiment, weakening the dollar and bond...

Henrybillion

Gold prices XAUUSD have recovered as US Treasury yields have fallen sharply amid the looming trade war. Central banks' increased purchases of gold have created more room for gold prices to rise. US real yields inversely correlated with gold prices, fell eight basis points to 2.072%, a positive signal for gold. The 10-year US Treasury note yield fell 10 basis...

Henrybillion

Hey Everyone, Following yesterday's clearing of 2867, 2894, and 29,24, we had no further cross-and-lock confirmation, confirming the rejection ofve down into the lower Goldturns. We then stated that the lower turns support the bounce and established a range between 2867 and 2924. We will look for a test,d cross,s, and lock on either level to determine the...

Henrybillion

Gold prices consolidated below $2,900 on Wednesday and now appear to have halted an overnight pullback from an all-time high. Concerns about global trade wars and geopolitical risks continue to underpin safe-haven bullion amid a weaker US dollar. Gold is still moving within the range of more than 100 prices and is gradually narrowing the gap. According to the H1...

Henrybillion

On Tuesday, gold prices surged above $2,900 and hit a new all-time high.Trump'ssTrump'ss siffs and geopolitical risks continue to boost the safe-haven commodity. Modest USD strength prompted some intraday profit-taking around the XAU/USD pair. From a technical perspective, XAU/USD is poised to extend its rally. The daily chart shows it has pulled back from the...

Henrybillion

Hi everyone, let's learn about the gold price this week and what's new today! Last week, gold continued to witness a week of strong price fluctuations as the ongoing tariff threats combined with rising inflation fears drove investors to the precious metal and XAUUSD reached a new peak. Gold is currently moving steadily, around $2869. According to the latest...

Henrybillion

Gold prices edged lower on Friday, settling near $2,860 an ounce after the January US jobs report was released. From a technical perspective, the overnight recovery and subsequent move higher on Friday confirm the positive short-term outlook for Gold prices. However, the Relative Strength Index (RSI) is flashing mildly overbought conditions on the daily chart,...

Henrybillion

SPDR Gold Trust sold 24.88 tons of gold on December 12, which is the reason for the sharp decline in gold prices last night, suddenly dropping back into the previously broken downtrend structure around the 2675-2676 region. Key Resistance Levels: 2700 - 2710 - 2732 Key Support Levels: 2666 - 2675 XAUUSD OANDA:XAUUSD Trading Strategy Around Price Zones: SELL...

Henrybillion

Overview of the Current Bitcoin Market Trend In December 2024, the Bitcoin (BTC/USDT) market continues to show a strong bullish trend, with the price moving within an ascending channel. However, Bitcoin is currently facing key resistance levels, which could lead to one of two scenarios: a continued breakout or a correction to test support levels. In this...

Henrybillion

As of December 12, 2024, gold is trading around $2,717 per ounce, continuing its upward trend amid declining U.S. inflation and expectations of a Federal Reserve interest rate cut. Geopolitical tensions and a weakening USD further support the rise in gold prices. Technical Analysis: Market Trend: Primary Trend: Bullish. Key Support Levels: $2,700 (50-day MA)...

Henrybillion

Overview of the Current Bitcoin Market Trend In recent weeks, the Bitcoin (BTC/USD) BINANCE:BTCUSD market has shown a strong bullish trend, breaking several key resistance levels. From late November until now, Bitcoin's price has consistently reached new highs, but it is currently facing significant resistance levels. In this article, we will analyze Bitcoin's...

Henrybillion

Current Gold OANDA:XAUUSD Price Situation Gold is currently trading around $2,713, maintaining its upward trend in both the medium and short term. After breaking through the key resistance level at $2,700, the market is now approaching the next significant resistance at $2,732. This zone is critical and will determine whether the price continues to rise or faces...

Henrybillion

BTC in the medium term may have a correction phase in the next 1-2 weeks to complete the 4th wave if the previous wave is an extended wave, in case it ends then the abc model will run.

Henrybillion

SPDR Gold Trust Gold Fund bought 2.59 tons of gold yesterday, December 11 Important resistance: 2733 - 2740 - 2750 Important support level: 2680 - 2675 - 2700 XAUUSD OANDA:XAUUSD trading strategy around price area: BUY XAUUSD around 2700-2701 Stoploss: 2695 Take Profit 1 : 2710 Take Profit 2: 2720 Take Profit 3: 2730 “If there is a break through the 2728...

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Technical Analysis from the Chart: The price has broken through the previous descending trendline (yellow line) and is now in a recovery trend. Currently, the price is approaching a strong resistance zone at $2,710 - $2,725, an area where selling pressure has been prominent in the past. Key Levels: Main Resistance: $2,710 - $2,725 (previous highs and key...

Henrybillion

In the medium term, BTC may undergo a correction in the next 1-2 weeks to complete the 4th wave if the previous wave was an extension. If it has already ended, it will follow an ABC pattern.

Henrybillion Updated 

Technical Outlook for Gold Price (XAUUSD) On the daily chart, gold remains in a prolonged consolidation phase, with price action mainly hovering around the 21-day Exponential Moving Average (EMA21) and the technical level of 2,644 USD. Although gold has recovered from the previous decline, the overall picture still leans towards a bearish scenario, with the main...