Despite recent declines, gold's long-term outlook remains bullish. Several factors support a potential price increase:- Inflationary pressures: Gold is a proven hedge against inflation.- Geopolitical uncertainty: Gold is a safe-haven
2 minutes agoBefore the start of the new week, let's look at the market position and the prospects for a new weekly candle. After an aggressive continuation of sales within
The coming week is anticipated to witness the strengthening of the USD, driven by a combination of robust US economic fundamentals and global uncertainties that shift investor attention toward safe-haven
XRP short potentially to $1.57, based on the current market conditions and the TA i have done i would expect XRP to reach this level.XRP is correlated to BTC however
Overview:QQQ, which tracks the Nasdaq-100, is showing signs of exhaustion at the $535.55 resistance zone. A corrective pullback is anticipated as the ETF completes its 5th wave, aligning with overbought
Midterm forecast (Daily TF):1.0777 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.A peak is formed in daily chart at 1.0629 on 12/06/2024,
Solana could potentially see a big dip in price if BTC continues in short downward trend. As we all know SOL is correlated directly to the movements of BTC, in
The valid daily short countertrend has reached the weekly breakout, deep into the corrective space.With H4 turning long, the market enters in the correction of the correction.The next phases of
LPX has been in a very pronounced trend for a little over a year. I dont consider or range trades unless there have been at least 4 clean and easily
EUR/USD 30-Minute Chart AnalysisThe EUR/USD pair is currently trading within a well-defined upward channel, showing bullish momentum. It recently moved from the support level around 1.0330 to test resistance at