Gold finally broke out the trend line, expecting a retest.
Bullish in my opinion. Just a matter of time we will be trading above 10k.
Post BTC halving, ETH will lead the ALTs pack to continue the rally to the upside in my opinion.
Bullish Divergence on Hourly.
Key Level After the Halving in my opinion. I am leaning towards the bull side above 7500.
Will GOLD form swing high and break the downward trendline this week?
Crude Oil - Expecting a continuation to the upside as the US re-opens and demand will slowly pick up. However, June contract expiry is due on May 19. It will be interesting whether price will dump prior to the expiry date similar to what happened on the May contract expiry which brought the price to negative.
BTC is at 200MA Support. If this doesn't hold next support is at 7525.
When price is going up and On Balance Volume is running flat.
Now trading at June contract open after historic crash. Will it hold?
Probably the most affected commodities due to the Pandemic but also the most potential opportunity of high risk/reward position trade out there. Watch out for the levels and events mentioned in the chart, they can impact its price.