TRADE_CENTER_1

TRADE_CENTER_1 Updated 

1. Spot Price Around $2630: Gold is fluctuating near the $2630 support zone. This level is critical as it could determine the direction of the next move. 2. Scenario if $2630 Breaks: If the price breaks decisively below $2630 with strong volume, it could extend the bearish trend towards $2600 or even lower. The next support levels to watch are $2600 and...

TRADE_CENTER_1

If you're considering a **sell around 95,000 USD** for BTC with a **target of 91,500 USD**, this strategy implies you expect the price to decline further. Here's how you can refine your trade plan: BITSTAMP:BTCUSD --- ### **1. Entry Zone Analysis** - **Sell Trigger**: Selling at **95,000 USD** suggests it's significant, likely near a minor resistance or...

TRADE_CENTER_1

The DXY (U.S. Dollar Index) appears bearish on the 4-hour chart, currently trading downward within a channel. The recent rejection near 106.750 has reinforced resistance, and the price is trending lower, nearing 105.650, which aligns with key support levels. If this bearish momentum continues, the index could aim for stronger support zones, such as 105.500 or...

TRADE_CENTER_1

### 1. **Technical Correction** - **Overbought Conditions**: If gold has been rallying for an extended period, it could be facing an overbought situation. Technical indicators like the **Relative Strength Index (RSI)** or **Bollinger Bands** might suggest that the asset is due for a short-term pullback before continuing its upward momentum. - **Key...