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MONTHLY TIME FRAME : Price dropped from a major swing high monthly zone however price is currently on another major zone again but haven't reacted as the monthly candle is not closed yet hence we wait for the monthly candle close for a possible price action on the monthly timeframe.

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On the MONTHLY TIMEFRAME, We spotted a strong resistance currently acting as support of which price has reacted to in the past months by forming a strong wick rejection monthly candles right at the zone however we want to sit back and wait for this monthly candle close to give us a good rejection price action candle right at the zone before we can look at the...

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On the Daily timeframe, price reacted to the major zone and reversed upwards, rhyming with the established bullish bias on the monthly/weekly timeframe, price is currently sitting on the daily trend line almost broken but we will head to the 4hr timeframe for further confirmation.

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On the weekly timeframe, price had a strong rejection weekly candle close right at the monthly/weekly established major zone that closed very bullish hence signaling bullish reversal rhyming with the monthly bullish bias already established!!

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On the MONTHLY timeframe, we established a major support zone and price is currently rejecting from the zone as the monthly candle have not yet closed. We keep our eyes on it while we go check out the weekly timeframe.

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GOLD has been strongly bullish for months now and has created a bullish pennant + resistance turned support which price all respected on it's way up and hence price created another resistance and we are expecting price to drop down to the resistance zone and use it for support for possibly continuation trend upwards. We patiently wait for price to reach the zone...

Naked_Chart

Bitcoin has just respected a flip zone on the weekly timeframe(resistance turned support) and price has went ahead to break the daily trendline which still signals bullish momentum however we awaits the close of the weekly candle for a more precise decision and confirmation.