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Current Overview: - Price:161.091 - Time Frame: 4-hour chart Key Observations: 1. Highest Price in Decades: The price has reached levels not seen since 1989, indicating a significant bullish trend. 2. Strong Resistance Zone: The highlighted green area indicates a strong resistance zone from 1989. The price has recently touched this area and shows signs...

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Technical Analysis: Gold The price pushed up and reached our target we mentioned yesterday which is 2365, and already stabilized above it. Current Outlook: The trend remains bullish today, with the price stabilizing above 2356. As long as it stays above these levels, it is expected to reach 2378. Bullish Scenario: As long as the price trades above 2356, it...

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Bitcoin Faces Critical Resistance with Potential for Further Decline Current Overview: - Price: 57,537 USD - Time Frame: 4-hour chart Key Observations: 1. Resistance Zone: The chart highlights a strong resistance zone starting at 73,814 USD, extending up to 76,497 USD, which has been tested but not breached. 2. Descending Trend: The price is following a...

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S&P 500 Analysis: Navigating Volatility with Key Price Levels and Scenarios Amid NFP Impact The S&P 500 currently faces a significant supply zone between 5525 and 5550, having recently hit a new all-time high at 5550. Despite this, the broader outlook remains bullish, especially after stabilizing above the previous resistance level of 5525. However, the upcoming...

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Technical Analysis: Price Reaches New All-Time High Today's Outlook: The price has breached previous high levels and is trending towards a new all-time high of around 20410. A retest of this level might occur, potentially pushing the price towards 2100. Bearish Scenario: For a bearish trend to be confirmed, the price must break below 20100 and stabilize...

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Technical Analysis: USOIL Current Outlook: The price is currently consolidating between 80.73 and 82.24. As long as it trades above 80.73, it will likely aim for 82.24. Bullish Scenario: Stability above 80.73 suggests a potential move to 82.24. Should the price close a 1-hour or 4-hour candle above 82.24, it would signal the start of a new bullish trend,...

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Technical Analysis: Gold The price reached our target we mentioned yesterday which was 2344 and still running to get 2357 Current Outlook: The trend remains bullish today, with the price stabilizing above 2342. As long as it stays above these levels, it is expected to reach 2357. Bullish Scenario: As long as the price trades above 2342, it is likely to maintain...

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Technical Analysis: Price Bearish in Focus Today's Outlook: The price reached the high level again and now should break the all-time level to trade above 20100 toward 20405 Bearish Scenario: As long as the price trades below 20100, the bearish trend is likely to persist, with targets at 19960 and under that will be 19845, supported by strong bearish volume....

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S&P 500 Analysis: Navigating Volatility with Key Price Levels and Scenarios Stability under the pivot line which is 5525 means there will be a bearish trend toward 5491, but still has a bullish volume to get 5549. so above it means will start a new all-time high Bullish Scenario: Stability above 5525 means it will reach 5550 and should be stabilized above...

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Technical Analysis: Gold The price reached the target we mentioned yesterday which was 2337 Current Outlook: The trend remains bullish today, with the price stabilizing above 2320. As long as it stays above these levels, it is expected to reach 2337 and 2357. Bullish Scenario: As long as the price trades above 2321, it is likely to maintain a bullish trend...

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USD/JPY 4-Hour Chart Analysis Trend Analysis: - The 4-hour chart exhibits a prevailing uptrend, characterized by higher highs and higher lows, signifying sustained bullish momentum. - Recently, the price has encountered some volatility but continues to hold above critical support levels. Bullish Scenario: - As long as the price trades above 157.97, the...

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Technical Analysis: Price Bearish in Focus Today's Outlook: The price will try to touch 19625 and 19525 from the resistance line which is 19835 Bearish Scenario: As long as the price trades below 19835, the bearish trend is likely to persist, with targets at 19625 and under that will be 19525, supported by strong bearish volume. Closing 4h candle under 19525...

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S&P 500 Analysis: Navigating Volatility with Key Price Levels and Scenarios The price has reached the support line at 5460 and is now experiencing bullish volume towards 5491. However, consolidation is expected between 5460 and 5491 until a breakout occurs. Intraday Analysis: The price is likely to consolidate between 5460 and 5491 until a decisive break in...

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Technical Analysis: US30 Still, the price is trading at the same zone under 39,245 and is currently running between 39,245 and 29,045 to break sideways. Current Outlook: The price is likely to touch 39045 before potentially pushing down again. Both scenarios should be carefully considered: Bearish Scenario: A bearish trend would be confirmed if the price breaks...

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Technical Analysis: Gold Current Outlook: The trend remains bullish today, with the price stabilizing above 2320. As long as it stays above these levels, it is expected to reach 2337 and 2357. Bullish Scenario: As long as the price trades above 2321, it is likely to maintain a bullish trend towards 2357. A break above 2338 could extend the bullish trend to...

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Technical Analysis: Price Reversal in Focus Today's Outlook: The price will try to touch 19625 and 19525 from the resistance line which is 19835 there is a sensitive point, stability above 19960 means will touch 20100 Bearish Scenario: As long as the price trades below 19835, the bearish trend is likely to persist, with targets at 19625 and under that...

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Technical Analysis: Gold The gold price reversal has successfully stabilized the price upwards from 2320, continuing its ascent towards 2337 and 2342. Current Outlook: The price is expected to consolidate between 2320 and 2342 until a breakout occurs. The initial movement is anticipated to target 2337. Bullish Scenario: As long as the price trades above...

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Technical Weekly Analysis: US NASDAQ 100 (NAS100) A Short Outlook on the Previous Movement: The US NASDAQ 100 (NAS100) has been trading within a primary ascending channel since the significant drop during the COVID-19 period. The index experienced a strong bullish trend, reaching new highs before facing periodic pullbacks. These pullbacks have been...