Gold sideways in the upper zone of the bearish channel of gold in 15-minute timeframe in the range of 2006.78 to 2019 USD . Possibility of reaching 2032 USD.
The previous daily range touched the 2019.35 level, so although at a technical level a possible rebound with a return to the upper part of the bearish channel is visualized, the general monthly trend...
- The market has been trading in a bullisjh channel since the beginning of January, the short-term trend is therefore bullish.
- Lately, prices have attempted twice to clear a significant resistance at 188.65, without success.
These failures led the market to the lower bound of its bullish channel, just above a support over 187.32.
The DMI indicator displays a...
- the market has been trading lower and lower, within a bearish channel since mid-December 2023. The medium-term trend is therefore bearish.
- This bearish channel occurs as a continuation flag pattern, correcting the bullish trend that began in October 2023.
This correction was explained at the fundamental level by fading hopes for a dovish change in monetary...
- As for all cryptocurrencies, SOLANA has experienced a bullish rally since October 2023. The medium-term trend is therefore clearly bullish.
- Since the end of December 2023, the market has been in a consolidation phase in the shape of a symmetrical triangle, generally perceived as a trend continuation pattern. The two long exponential moving averages are still...
- The hedge funds' favorite index has registered higher high peaks and bottoms since the end of October 2023, the medium-term trend is therefore bullish.
- Since the start of 2024, the American index has followed the overall trend of reduced risk appetite from investors, leading the market to a consolidation phase. This consolidation is characterized by the end...
- The market has been trading in a bearish channel since the beginning of November 2023, registering lower highs and lows, the medium-term trend is therefore bearish.
- In the shorter term, prices registered a sharp rebound above $100.50, leading to a clearing of the upper bound of the medium-term bearish channel, therefore invalidating the bearish trend. Prices...
- The market has been trading under a bearish trend line since the beginning of 2022. However, since October of the same year, prices have slowed their decline, trading within a 62$ wide range. The trend is therefore neutral in the long term.
- Prices continue to dance within their range, having registered 2 impacts on each of the two bounds. Both moving averages...
- Prices have been trading upwards since the end of October 2023, the market is therefore in a medium-term bullish trend.
- Very recently, and since the establishment of a new all-time high below 7,655.0pts, the market has retraced towards its double support at 7,400.0pts. Prices are now trading below the two 13- and 21-period exponential moving averages, which...
- The market has been registering higher tops and bottoms since mid-October 2023, so the long-term trend is bullish.
- More recently, the market entered into a sideways consolidation between $2,400 and $2,180 in which it evolved for a few weeks.
However, prices are currently challenging the upper limit of their trading range at $2,400, for the fourth time, after...
- The market has been trading within a bullish channel since the end of October 2023. The medium-term trend is therefore bullish.
- However, since the start of 2024 and the establishment of a wave 5 below 0.6368, the market has registered a significant sell-off leading prices to a triple support represented by the lower bound of the bullish channel, the overlap...
- Prices have been trading sideways, between $25,600 and $20,655 since April 2023, the long-term trend is therefore neutral.
- Recently, the market experienced a new rejection below its upper limit at 25,580, leading prices to a break-out of their bullish trend line (blue dotted lines) which had supported sentiment since the last rebound recorded in October...
- The market is moving sideways, with no new lows or highs since summer 2023.
The long-term trend remains neutral.
- In the shorter term, the market is locked in a trading range (orange) of around 1600 points, framing prices between 32,230.0pts and 33,855.0pts.
At the beginning of December 2023, after hitting the lower limit of its trading range, the market...
- The market registers higher peaks and bottoms, trading within a bullish channel since the end of October 2023, the medium-term trend is therefore bullish.
- Very recently, prices recorded a 4th impact on their bullish trendline, following a sell-off since the failure below the $397.40 area.
A strong positive reaction is currently recorded in the shape of a...
- The market has been registering lower highs and lows since mid-November 2023, the medium-term trend is therefore bearish.
- Since the beginning of December, the market has consolidated within a symmetrical triangle chart pattern. The two 55 and 89 periods moving averages remain in a bearish configuration and the MACD indicator continues to evolve inside the...
- The market has been registering higher highs and lows since the end of October 2023, the medium-term trend is therefore bullish.
- More recently, the market entered into consolidation inside a symmetrical triangle continuation pattern between $44,500.0 and $41,200.0.
This consolidation caused the suspension of the end-of-year rally, confirmed by the breakdown...
- The market is trading above a bullish trend line, registering higher and higher highs and lows since the end of 2022, the long-term trend is therefore bullish.
- During the 4th quarter of 2023, prices experienced an impact on their bullish trend line just above 14,000.0pts, marking the end of a nearly 3-month long consolidation.
The sharp rebound that followed...
- The market has been trading inside a bearish wedge since the end of September 2023, registering lower highs and lows. The medium-term trend is therefore bearish.
- In the shorter term, prices have registered a sharp rebound since their impact on their annual low around $68. This rebound led the market the upper limit of its wedge, below the 23.6% Fibonacci,...
- The market has been trading within a lateral channel since the end of 2022, the long-term trend is therefore neutral.
- Since the start of Q4 2023, prices have registered a rebound above the lower bound of their trading range, at 1.0440. This move, led by the weakness of the US Dollar due to the expected change in monetary policy in the United States, led the...
