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XAUUSD opened this month at $2,649, continuing the bearish pressure from last month's close. A sell entry is recommended at $2,650, with a stop loss at $2,750. Target 1 is set at $2,550, while Target 2 is at $2,450 if the bearish momentum persists. This strategy aligns with the current technical analysis and price patterns. Ensure disciplined risk management.

On the BTCUSD chart, a significant anomaly has been identified, where the price displays an extremely low value due to a bug. Historically, such events often act as psychological 'magnets,' leading the price to retrace toward these levels over time. However, this isn't guaranteed, and caution is advised when interpreting these signals.Key Observations:1. The chart suggests a potential rejection near the $100,000 psychological resistance, which could trigger a major downward move.2. The anomaly indicates a possible retrace to test the $29,753 - $25,093 support zone, with a worst-case scenario hitting the $5,209 bug low.3. Traders should watch for confirmation of bearish momentum around key resistance and support levels before entering any trades.Trading Strategies:Short Positions: Look for rejections near $100,000 or breakdowns below the $29,753 support level.Long Positions: Consider potential bounces around the $29,753 or $25,093 levels for high-risk entries.Disclaimer:This analysis is based on observed anomalies and past patterns. Always use strict risk management and confirm trades with additional indicators.

The analysis for the XAUUSD chart on the 1D (daily) timeframe shows that the price of gold is currently moving within a stable upward channel, marked by parallel blue lines forming the channel’s support and resistance. The price action indicates a strong bullish trend throughout 2024, with significant upward pressure.Currently, the price has retraced from the recent highs, approaching the monthly pivot area (Coptah Monthly P) around 2,703.178 USD. If this support holds, there is potential for a rebound toward the next resistance levels, which are Coptah Monthly R1 at 2,801.968 USD and Coptah Monthly R2 at 2,888.958 USD.However, if the price breaks below the pivot area, the next major support is at Coptah Monthly S1 at 2,616.186 USD. A further decline could push the price down to 2,576.725 USD, which is a critical zone to watch for either a potential reversal or a continuation of the bearish trend.This analysis highlights the importance of monitoring the price reaction at these key levels to determine the next possible direction, either as buying opportunities at support or confirming a bearish outlook if the major support levels are breached.

XAU/USD Technical AnalysisThe 1-hour chart of XAU/USD shows a recent downward movement, with significant bearish pressure following a prior uptrend. The key levels identified using the Woodie Pivot Points are crucial in understanding potential support and resistance zones.Pivot Levels:•Woodie Monthly R1 (2,838.26): This level serves as a major resistance, and any bullish move toward this level would need strong buying momentum to break above.•Woodie Monthly Pivot (2,721.325): This level has acted as a critical turning point in the past, and a retest could potentially see a reversal or continuation depending on market sentiment.•Woodie Monthly S1 (2,652.48): The price is currently hovering just above this key support zone. A break below could signal further downside momentum.Price Action:The chart indicates that XAU/USD has recently attempted to consolidate after a sharp decline but still struggles to maintain bullish traction. If the current support at 2,652.48 fails, the next downside target would be around the 2,630.732 mark.Indicators Overview:•The 1-Month Average True Range (ATR) is at 143.14, suggesting considerable volatility.•Daily Potential High and Low levels indicate a trading range between 2,698.31 and 2,625.74.•Daily True Range (DTR) percentages further highlight the current range-bound nature of the asset.Outlook:•Bullish Scenario: A recovery above the Woodie Monthly Pivot at 2,721.325 could attract more buyers, targeting the upper resistance at 2,838.26.•Bearish Scenario: Sustained pressure below the current support could accelerate losses, targeting levels near 2,630.732 and beyond.Traders should keep an eye on economic data releases and geopolitical events that may impact gold prices, as well as monitor volatility indicators to assess potential breakouts or breakdowns.

In this analysis of XAUUSD on the daily chart, we observe that the price is currently testing an ascending trendline support. Key pivot levels for the month are highlighted, with the DM Monthly P (2,433.414) acting as resistance and DM Monthly S1 (2,383.087) as support. A potential bullish scenario is outlined with a target around DM Monthly R1 (2,548.222). Monitor price action closely as it approaches these significant levels.

This chart analysis highlights a bullish breakout above a consolidation zone, indicating a potential uptrend. The price has surpassed the Fibonacci Semesterly R1 (2,431.66) level, suggesting further upward movement towards the Fibonacci Semesterly R2 (2,541.593) and R3 (2,719.537) levels. The blue rectangle represents a period of accumulation, and the breakout is confirmed by an increase in volume. The green arrows indicate the potential price targets based on Fibonacci extensions, providing a roadmap for traders to follow. The key support level at 2,050.050 is also noted for risk management.

In the displayed chart of Gold Spot versus U.S. Dollar, there are indications that after a bullish daily close, the price of gold is likely to attempt a retest of the resistance level. From the image, we can see that the 'Buy' level has already been taken at 2,350.292, while the 'Breakout' level is noted at 2,358.323. This suggests there is sufficient momentum to push the price towards higher resistance levels. Above the 'Buy' level, several 'Take Profit' levels have been set at 2,364.385, 2,367.416, 2,371.963, and 2,378.784. This indicates a prepared strategy to capitalize on profits at specific price points as the price ascends. The 'Stop Loss' level is set at 2,346.195 to mitigate risk in case the market moves against the prediction. This approach reflects a cautious risk management strategy while still optimizing the potential for profit from bullish market movements. This entire setup reflects a well-thought-out trading strategy, with planning to maximize potential gains while limiting losses, which is crucial in commodities trading like gold.

In the traditional cycle of Bitcoin, May has often been marked by significant bearish movements. As of the 25th, Bitcoin has intriguingly held above the opening price of the month. However, based on historical trends and current market dynamics, I anticipate a major correction is imminent that could bring Bitcoin down to reach its support levels. Keep a close watch as the month progresses.

Bitcoin's Reversal Pattern Signals Recovery In the world of cryptocurrency, Bitcoin is showing signs of a potential comeback as a bullish reversal pattern emerges, hinting at a price target of $59,500. This development has sparked optimism among investors, although the crypto market's inherent volatility requires caution and thorough research.

Price at Monthly Pivot with Momentum Distribution This analysis focuses on Ethereum, one of the leading cryptocurrencies in the market. Currently, the price of Ethereum is at the monthly pivot level, indicating a significant level of price congestion and potential market indecision. Furthermore, there is a presence of momentum distribution, suggesting a potential downward movement in the near term. Considering these factors, there is a likelihood that Ethereum's price may decline towards the monthly support level around 1700. This support level is an important zone where buyers have historically shown interest, resulting in a potential bounce or stabilization of the price. As with any investment, it is essential to conduct thorough research and consider multiple factors before making any financial decisions. Market conditions can change rapidly, and it is crucial to stay updated on the latest news and developments regarding Ethereum and the cryptocurrency market as a whole.