Bitcoin Analysis: By analyzing the #Bitcoin chart on the weekly timeframe, we can see that after reaching around $81,500, BTC entered a correction and is now trading near $77,000. The next few days are important. If Bitcoin fails to reclaim and stabilize above $80,000 within the next 4 days, the probability of a deeper correction increases.…
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Brent Oil Analysis: By analyzing the #BrentOil chart on the weekly timeframe, we can see that after the previous analysis, Oil first corrected toward the $78 region. However, that weakness did not last very long. As tensions between Iran and the United States increased again and both sides returned to military confrontation, buying pressure gradually came…
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Gram Analysis: By analyzing the #GRAM chart on the weekly timeframe, we can see that after the previous analysis, price managed to recover toward the $1.57 region, but buyers were not strong enough to maintain that move and GRAM entered another correction. Currently, GRAM is trading around $1.32 and is once again sitting very close to…
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Gold Analysis: By analyzing the #Gold chart on the 6H timeframe, we can see that after the previous analysis, Gold continued moving lower and reached exactly the demand areas we had been monitoring. Price even dropped toward the $4321 region and is currently trading around $4328. The main driver behind yesterday’s and today’s sell-off is no…
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Gold Analysis: By analyzing the #Gold chart on the 6H timeframe, we can see that after the previous analysis, Gold continued its corrective move and dropped as low as $4395, filling a large portion of the FVG we had been monitoring. Currently, Gold is trading around $4434 and buyers have started reacting from the lower levels.…
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