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BITSTAMP:BTCUSD Current Price: 58,260 USD Key Levels: • Resistance: 60,000 USD, 62,000 USD • Support: 56,748 USD Technical Indicators: • Stochastic RSI: Overbought • RSI (14): 43.40 (bearish momentum) • CCI (20): 13.82 (neutral) Volume: Increased during price drops, indicating strong selling pressure. Short Position Strategy: Entry Point: Around...

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TVC:GOLD OANDA:XAUUSD Based on the new chart on a 4-hour timeframe, here are simplified entry points for long positions with updated support and resistance levels and Fibonacci retracement levels: Key Points: 1.Support and Resistance Zones: - Resistance Zones: Around 2,331 to 2,333 USD, previously acting as strong resistance. - Support Zones: Around...

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OANDA:XAUUSD TVC:GOLD Updated Summary from a Bullish Perspective: The chart indicates a bullish sentiment After a recent bounce off a strong support zone around 2,313 USD, the price is showing potential for an upward trend. Key indicators, including Fibonacci retracement levels and support/resistance zones, suggest possible bullish continuation. Bullish...

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OANDA:XAUUSD 1. Support and Resistance Zones: - Support: Around 2318.605 (green zone) and another support zone at 2323.000 to 2325.000. - Resistance: - Primary resistance is around 2334.000 (red zone). - Intermediate resistance levels at the 38.2% Fibonacci level (2330.000). 2. Fibonacci Retracement Levels: - 0.0%: At 2339.785 (high). -...

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OANDA:XAUUSD Current Situation: - Gold prices are trading around the 2323.360 level - The price is facing resistance at the 38.2% Fibonacci retracement level (2326.500) and is currently below a descending trend line, indicating short-term bearish pressure. Key Levels to watch - Resistance: - 2326.500 (38.2% Fibonacci level) - 2329.000...

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Based on the current charts, the bearish scenario appears more likely for the following reasons: 1. Repeated Resistance: Multiple rejections at the resistance level of 2,332.485. 2. Fibonacci Resistance: The price is near the 61.80% Fibonacci retracement level, a common reversal point. 3. Bearish Flag on Daily Chart: Indicates potential downside...

eltahhannada_na Updated 

OANDA:XAUUSD Gold analysis on the 4-hour chart from both bullish and bearish perspectives: Bullish Perspective: 1. Potential Reversal: - The price attempts to form higher lows, indicating a possible trend reversal. 2. Key Resistance Levels: - 50.00% Fibonacci Level (2,328.00): Currently acting as resistance. A break above this level is bullish. ...