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Gold Market Context: $XAU $BTC Price is testing a resistance zone with visible selling pressure. If sellers defend this area, downside continuation toward lower support levels is possible.
Gann Made Easy. $BTC USD H1. Update on the next target. When the pullback is over, the price is expected to start going UP again. Target Level 3 is the ultimate target. Using target higher than the one provided within current UP wave is very risky at the moment as the price is approaching very strong Resistance. Actually it was possible to stop buying even when we reached the 82.3K area. But while there is some room in current UP corridor, it is still possible to get some extra pips from the market. But based on what I see, if the price reaches the 83.8K area, we will need to exit and wait to see how the situation is going to develop with time.
Gann Made Easy. $XAU USD M5. Update on the next target. First the price will try to reach the local Resistance's high which is exactly the area where the TP3 area is shown. In the next post I will suggest a bigger target in case the up wave reaches this one on M5. It will be a sign that the further move will be expected to reach the targets from the higher time frames.
Gann Made Easy. XAUUSD M30. Another update on current market. If the price reaches the area provided in the previous post, we can expect to start going towards the TP3 area on M30 TF. But instead of using the TP3 level, I recommend using an area of 4810.00. It will be safer.
Bitcoin gave up early gains after Strategy signaled possible selling, though it held near three month highs at $81,421.3 amid growing US Iran de escalation hopes.
$BTC
GOLD
$XAU Gold is currently testing a significant resistance area on the 15-minute timeframe. The price has reached a local peak near 4,730, and current price action suggests that sellers are becoming active at these higher levels. Technical Breakdown: Major Resistance: The supply zone between 4,730 - 4,745 is acting as a strong barrier. We are seeing exhaustion in the bullish momentum as the price struggles to break higher. Support Levels: Immediate support is identified near 4,660. If the bearish momentum increases, the next major target for a pullback is the demand zone around 4,590 - 4,600. Trend Analysis: While the overall trend has been bullish, the current structure shows a potential for a deep retracement or a trend reversal if the price fails to hold above the recent breakout levels. Trading Outlook: Bearish Scenario: A sustained move below the current consolidation could lead to a quick drop toward the 4,600 support area to grab liquidity. Neutral Stance: A period of sideways movement is expected unless a clean breakout above 4,745 occurs. Always prioritize risk management and wait for a clear confirmation before entering any trade. this is not a financial advice
Gold prices found support and traded with a modestly positive bias during the Asia session. The move appears to reflect a period of consolidation following the previous session’s decline, with safe-haven demand providing underlying support despite thin liquidity conditions.
Bitcoin extended its recent rally, reaching its highest level in several months. The move continues to be supported by progress in regulatory developments and sustained inflows into exchange-traded funds, even as spot demand shows some signs of softening.
#Gold prices found support and traded with a modestly positive bias during the Asia session. The move appears to reflect a period of consolidation following the previous session’s decline, with safe-haven demand providing underlying support despite thin liquidity conditions.
Bitcoin held firm near key psychological levels over the weekend, supported by continued institutional demand and positive regulatory developments. The asset briefly moved above $80,000, reinforcing constructive momentum.
Price is currently rejecting the overhead resistance level after a period of volatility. We expect a downward continuation following the blue arrow path toward the primary support zone at the bottom. This bearish outlook remains valid as long as the price stays below the red stop-loss level. caution: this is not a financial advice, trade at your own risk.