The big rise of gold targets higher regions around 1850 Therefore, it may know minor corrections downwards before it reaches the target
Oil witnessed a sharp decline as a result of the expansion of the selling campaign However, according to my analysis, it is expected to see a kind of correction at the $71 levels
I see that if the Dow Jones breaks the 34186 area, its direct target will be to reach 35158
We notice a very strong rebound for gold from the lower areas and a quick rush in order to reach the clear goals in the analysis
I think the correction period lasted for a long time at these levels Bitcoin could see a rise to 24000
We recently noticed how the Japanese yen was in a long struggle with the British pound This conflict led to a significant drop in the value of the yen against the pound From our view of all the basic conditions of the two parties, I see that there is not much left for things to return in favor of the yen again and to realize its value.
We expect gold to continue in the same downward trend until it breaks the last bottom Therefore, he has two options, either to return from the last bottom level or to break it and buy from the price of 1590 / 1580
We note that the currency pair on the daily level has been sideways movements for a long time The breaker level was not broken twice but the third time it was broken So we expect the sale to take place at the breaker limits
We note that oil has maintained the same bearish trend for a long time And now he is trying to change the pattern and achieve high prices again Especially after the recent news that helped it rise Now we will try to sell it from the last supply areas as a correction
We note that gold was in a continuous downtrend But at the price of 1622, liquidity was emptied, orders were activated, and the market went up Until the last previous high was broken at the price of 1696 And now we see that we can get an opportunity to sell gold at the level of 1736
We see that gold has reached strong selling areas and may reach the price of 1790 soon
The probability that we will see positive movements for Bitcoin in the coming days as a kind of correction to the level 36K