MRG0LD2

gold market is moving in upward direction and is more likely to continue the trend. Market can go further high till 3400 without any facing any strong resistance. if it drops then the second entry would be 3338. Fundamental elements supporting this analysis are the increasing tensions in Middle East and newly issued tariffs by Trump can play a vital role in adding to the value of Gold. Technical Analysis: Buy Positions: 3350, 3338 Resistance: 3369, 3397, 3353 Support Areas: 3338, 3310

btcusd market has hit a new all time high and can drop any time as market has to correct itself by testing the lower areas. within a very short time btcusd value has increased a lot that indicates the involvement of smart money and as we know smart money loses its impact after some time. Now market should drop to stabilize itself and correct itself. Technical Point Of View:Support Areas: 107500, 110000Resistance: 117500Entry: 117000, 118000Targets: 115000, 112500, 110000, 107000i will stick to sell as i think market must drop from this area.

Market price now is 3354 which is close to the supporting area 3345. Previously at that price market has already shown support and if tested again will show the support. Apart from this market is still working under a bullish parallel trendline. If supported at that price market will hit all my targets soon.Entry Areas: 3350, 3345Targets: 3379, 3420 and 3450Target 1 almost reached as market touched 3375

Gold Current position 3388Gold is still bullish and can possibly hit 3600 soon. Gold has now formed a bullish reversal pattern and is still working under the bullish parallel line. 3388 position is the supporting area and also a better position for buy. If now market bounce back to 3450 and breaks this area then the bullish upcoming wave would be confirmed.Entry: 3388 and 3375Targets: 3430, 3480 and 3600

Gold current price is 3430 and from this position on Monday it will fly like a rocket. the reasons behind the strong upcoming bullish wave are the geopolitical tensions in the Middle East, The constant drop in US Dollar because of the recent poor economic data and the technical bullish pattern.Market is fundamentally and technically bullish. Before the closing of weekly candle market had chance to reject the gold support at 3410 and could drop below 3400 but market closed above 3400 at 3430 which indicates its upcoming week will be the week when market will from a new high at 3600. Targets 3500, 3600

Gold previously tried to test the 3445 area multiple times but was rejected again the same position has been showing the resistance and if tested again it will rejected. Right now market to confirm a bearish trend must break the 3400 position and if it does then our all targets will be hit as market will try to correct itself. Selling Area 3340, 3350Targets: 3400, 3340, 3291target 1 almost reachedclosing this idea manually

BTCUSD momentum currently is bearish as it is continuously dropping slowly and it can drop further up to the 100k. now Bitcoin's value is 107500 but before that market tried to break 110k position three time which formed triple top at the same level but the resistance at this level is intense due to which market rejected a bullish breakout of 110k.Current supporting areas are 106500, 103000 and 100500Selling Areas: 107500 and 108000Take Profits are: 105000, 103000, 100000TP1 105000 hit TP2 103000 hit 520 pips achieved from 108000 to 102800

Market has shown repeated rejection at the 3380 position. If market test this area again then there will be more chances of rejection but 3400 can cap any false breakout above 3380. Now market position is 3370 that shows gold is gaining value again but one h4 or h1 candle in sell would change the game as market can form another low below 3340 area. right now closing below 3350 would confirm the bearish trend and will be followed by multiple bearish candles and will probably 3300 soon. Sell Entry: 3375, 3380Stop Loss: 3395Take Profits: 3335, 3315, 3294

BTCUSD strong short momentum on h1 candle. BTCUSD can drop up to 99500 for reaching that area market must break and be closed below 101000. Current situation is bearish as market is showing resistance at 106500 position. Targets are 103500, 101500 and 99500Resistance are 106500 and 108500 If market drops below 100k then it can drop down to the 95k

Gold is still bullish and can hit a new high. but right at the moment market experienced correction. Now correction time has been over and market will get back to its original trend. Technically market is bullish as it close to its key supporting areas and is not being closed below the 3300 position. Technically the supporting areas are 3375 and 3345 while the resistances are 3365 and 3390. Targets 3340, 3400TP1 hitTP2 almost hit as market reached 3380