This is my prediction of gold's behavior on Monday and Tuesday. As you can see, gold rejected well within the demand range and remained in its ascending channel. Now I expect it to touch the price between 2215-2235 dollars by Tuesday.
So far, everything has gone as I expected. Really exciting, init? Did you use these analyses? Gold continues to be bearish.
Et voilà ! It’s amazing init? If gold cannot maintain the range from 2023 to 2032, it will fall and the targets will be 2019, 2012, 2002, 1995 and 1988 respectively.
I still insist on a bearish idea for gold and believe that we will see the price drop at least until 1985 dollars.
On the 4-hour time frame, my analysis of gold's performance is bearish.
There is a good opportunity to make a profit. Enter with a small percentage of capital and then quickly withdraw the profit and principal.
You may or may not agree, but this is exactly where Bitcoin falls again, and we can expect it to continue to fall to $ 29,000.
Isn't it time to trust me? Bitcoin is still coming down. It must touch that area. When we reach the end of the triangle, then it is time to celebrate and dance.
It all depends on staying in this area. If Bitcoin can cross that steep line, we can hope to climb it. But if it fails, it will continue to decline.
This chart has an interesting shape, I hope you can save a good profit.
This analysis will be updated. Currently, the situation is like this.
Strange conditions prevail in the market, anyway, this is my opinion. 36000 is a good supporter and after that we can hope for 74000 and above.
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I see HT in 2022 in the $ 50 range. Although this is just an idea, not a financial advice; But keep an eye on it!