Austinet24

The price of Bitcoin BTCUSD has been hit with a Rejection on Daily Time Frame after last week bull movement that hit $123346 price region as Resistance and traded downward to $112298 with inside pin bar on 4H Time Frame if the price close below $111345 we will see a more dive down to $105233 - $102453 price level.

After a strong bullish move that took the price of bitcoin to 122478 Price close to ATH of 123300 we can see the price of the Digital Currency drifting to 119456 minor support zone during the London and New York Trading Session, with he lower Time Frame Showing a bearish build up around 120,345 price level after the break of the bullish trendline, A close of Candle below 119500 will drive the price further to 117500 - 116400

From Daily time frame we can see a strong bullish bounce off the major Support level at 3348.22 price trendline. after several reversal candlesticks form, a close of today's bullish candle will give more momentum for a surge to the next strong Resistance level at 3445.54From the Analysis ENTRY was Projected

After BTCUSD Made ATH 112320 last month with correction to 101567 then push back to 110326 we can see the price finding 110245 as a major Resistance level a pullback to 108567 shows a strong ranging between 108200 to 110245, with current price trading at 108532,if the support hold strong we can see the price wrestling to 110455

The Gold price is trading inside an Ascending Triangle with current price having bouncing of the lower trendline. with the build up we can see the price pushing higher to the next Resistance level at 3440 if the minor Resistance at 3314 force out.

Gold has been bullish after it hit a major support level of 2520 price region now trading at 2712 with a strong bullish momentum. Buyers are not relenting with the bullish pressures on their side the impulse of the market become bullish with the build up at 2709 price level.

GOLD had a retracement that found support at 2619.70 which can be seen on lower time frame of 4H. A Bounce off the small trendline give a strong bullish pressures with 2715 Target.we look at more buy positions at 2675.85

The price of BTCUSD after hitting a Resistance level we can see a strong bearish Pressure pushing the price below 56785 price level as a support.

GOLD From early last week bounce off a support level at 2298 price level to stage a bullish movement to 2347 Resistance level that previously acted as a support from H4 Time Frame and we can see the level holding and the price might retrace back to 2288 price level from the current price of 2332

Bullish Setup on #XAUUSD GOLD after hitting a support level at 2292.81