XAUUSD Bearish Projection Below $1900 Overview: Gold (XAU) has historically been considered a safe-haven asset, often sought by investors during times of uncertainty or economic instability. However, like any other asset, gold prices are subject to fluctuations influenced by various factors. As of , the price of XAUUSD stands at . In this note, we will outline...
BTCUSD Bearish Projection Below $50,000 Overview: Bitcoin (BTC) has experienced significant volatility in recent times, with fluctuations driven by a multitude of factors including regulatory concerns, market sentiment, and macroeconomic conditions. As of , the price of BTCUSD is . In this note, we will explore a bearish projection for BTCUSD, anticipating a...
📉 Bearish Outlook on NAS100 🐻 The NAS100, representing the Nasdaq 100 Index, is currently exhibiting significant downward pressure, suggesting a bearish outlook for traders and investors. Several factors contribute to this sentiment, indicating caution in trading decisions. 1️⃣ Market Correction: The NAS100 has experienced a prolonged period of growth, resulting...
📉 Bearish Outlook on SPX500 🐻 The SPX500, also known as the S&P 500 Index, is currently facing significant downward pressure, suggesting a bearish outlook for traders and investors. Several factors contribute to this sentiment, warranting caution in trading decisions. 1️⃣ Market Correction: The SPX500 has experienced a prolonged period of growth, resulting in...
📉 Bearish Outlook on Dow Jones Index 🐻 The Dow Jones Index is currently facing significant downward pressure, signaling a bearish outlook for investors. Several factors are contributing to this sentiment, warranting caution in the market. 1️⃣ Economic Uncertainty: Heightened economic uncertainties, including inflation concerns, geopolitical tensions, and global...
Expecting btcusd from its current price to push up a bit to 17,346 and a further drop to 13,552 before price gets back up #btcusd #bitcoin #forextrading #forexmarket #forexanalysis
Gold currently moving a bit up to touch 1916 price area for a rest of area where it broke the channel it was trading within and also broken an M information to further sell to 1442 to 1500 area to complete its bearish correction of the bullish move that saw price shot up from 1442 to 2100 before it rises further up.
Gold is still in its corrective face beginning the correction all from 2075 came low as 1680 which is currently trading in an ending diagonal with a high potential of exploding up to 1958 followed by a last correction to 1440 area before it ends it correction to pick up the bullish trade for now expect series of range correction till the break out occurs which...
Gold made a bullish move and came down for a correction its expected to rise to 1830 area from its current price of 1810
Bitcoin is expected to drop a little to 4428 before it makes a bullish movement to 6k area
XLMUSD is expected to correct a little below to 0.2044 then it goes bullish its most highest price
us dollar index is expected to rise to complete the retest of the broken flag coupled with the positive usd news released from non farm payroll which will cause gold and bitcoin to drop further until the correction ends at 50% or 61.8% which is at a price of 97.717
DXY made an impulse upward after ending the correction and currently doing another bullish flag correction which we are expecting a bullish impulse to the upside after the correction
DXY ended its bearish correction and the bullish momentum has already set in with a confirmation from the bullish head and shoulder structure that formed at the 61.8 % zone where exactly the correction ended
DXY formed a head and shoulder to further drop down and broke the neckline of the pattern confirming a further more drop price is expected to go for a small upward correction then it drops a little more before the bulls step in to push it more upwards
Gold to drop a little more then the bull run continues