After reaching a crucial trendline and support level, the gold market seems poised for an intriguing move, offering two potential scenarios for traders to consider. Firstly, if the market displays strong bullish momentum, it may break above the trendline and support level, indicating a bullish reversal. This could lead to a significant uptrend in gold prices, with...
Based on the early analysis, KLCI is expected to fall to 1008 if it closes below 1270 on the monthly candle. Keep track of the monthly levels, the market is expected to be volatile due to the upcoming elections and the associated outcomes from the election.
XRP likely to make correction around 17 - 25%, unless it breaks the upper trendline.
Watch out for this trendline breakout / reversal.
XRP breaks the key trendline and potentially to drop 30%.
Based on the trend analysis, XRP likely to hit $121.60 by end of the year.
Target as shown in the graph, for SL level please follow money management rules or 0.618 level as reference.
Weekly Analysis - Likely to move down after break weekly trendline.