R7th

R7th

There is wyckoff accumulation happening on the 1H chart. Price recently sold into a demand zone/orderblock and now smart money is accumulating bitcoin. We should see 63500 soon because at that price is the next supply zone. In a couple of weeks months, we will see 70k-90k.

R7th

Possible wyckoff accumulation to 63k. We're in a range now and we can possibly see 63k soon. We recently hit a strong demand area.

R7th

Bitcoin will go and test the 0.5 fib retracement and there is also daily bearish divergence. After reversing at the 0.5 retracement it will continue on to support where it then will go bullish.

R7th

Retracement at 0.5, so I draw a fibonacci from the high to the low to set profit target. Lines up with resistance, let's see how this setup plays out. I set stop loss below the retracement. This is just my thoughts on XAUUSD, You should do your own research. Please let me know what you think about this!

R7th

I think that gold will possibly hit the 0.618 to then make a move to the 1.618, so it can continue the longer term trend. I will wait for confirmation and open a position, with proper risk management. This is just my idea, it can fail and I am not responsible for your loss.

R7th

I think that the most likely thing that will happen is that gold will be bullish for the next couple of hours, retracing at the 0.382 and then going bearish again. But what is also possible is that gold goes bullish for the next couple of weeks, because it hit the weekly 0.382 retracement, indicating possible strong support

R7th

I think that the strong bearish move that gold has made and the double top means that it will most likely continue to go down. We can find a fib level to enter the market and open a short position. Do not take my word for it, this is simply what I think will happen but I can't guarantee anything, use your own analysis.

R7th

Price has bounced off the 0.382 retracement, indicating a strong move to the upside. There is a resistance zone near the 0.5 retracement level, so I think that price will likely reverse there.