NovaFX23

Bitcoin formed an inverted head and shoulders pattern on a 4 hours chart. With the release of some fundamental news from US, the market surge and violated its neckline and falling trend line.2 broken structures compose the expanding zone.I will look for a long position from there,anticipating a bullish continuation at least to 88,043.

📈Gold has been consolidating for more than a week, trading within a broad horizontal range on the 4-hour chart. Following today's release of US fundamentals, the market is showing bullish momentum. A breakout above the range's resistance indicates that the accumulation phase may be complete, opening the door for further upside potential. The next target to watch is the 2950 resistance level.

Bitcoin is currently experiencing a downward trend on a daily basis.Following a period of consolidation within a horizontal range, the market broke below its support level and reached a new low.On retesting the broken structure, the market formed a symmetric triangle pattern.The breakout of the support line within this pattern indicates a strong confirmation for potential intraday bearish movement.A bearish movement is anticipated, with a target price of at least 79,080.

After breaking through a key horizontal resistance level, 📈GOLD retested it and formed a symmetrical triangle pattern on the hourly chart. A bullish breakout above the resistance line serves as a critical intraday confirmation of bullish sentiment and strong buyer momentum. The price is likely to rise, potentially reaching at least 2,930.

I believe 📉Gold has the potential for further downside. On the intraday chart, the market has been consolidating within a broad horizontal range for some time. A break below the support level signals strong bearish momentum, and the price is now retesting the previously broken support. I expect a potential decline toward the 2840 support level.

Quick Gold Update.....Gold has now decisively broken and closed below a key intraday support level after a period of consolidation. Upon retesting this broken support, a strong bearish reaction followed, suggesting that the market is likely to continue its decline. The next support level to watch is 2896.

Gold has reached a key daily resistance level at a rising trend line. After a strong bullish rally, the market seems overbought, and the formation of a cup and handle pattern on the 1-hour chart suggests weakening buyer momentum in the near term. I anticipate a pullback to 2880.

I've identified a strong bullish pattern on the hourly timeframe for 📈 Gold. After forming a new higher high, the market entered a corrective phase within an expanding channel, known as a bullish flag pattern. A breakout above the flag’s resistance would be a powerful trend continuation signal, highlighting buyers' dominance. There is a high probability that the market will continue its upward momentum, potentially reaching a new all-time high. Target levels are set at 2880 / 2890.

Gold has reached a key ascending trend line on the 4-hour chart. After a strong bullish rally, the market seems overbought, and a head and shoulders pattern on the 1-hour chart indicates weakening buyer momentum in the short term. A retracement to 2844 is expected.

Gold is forming an ascending triangle pattern on the 4-hour chart, signaling bullish accumulation. To confirm the continuation of the uptrend, watch the pattern's neckline closely. A breakout and close above 2772 would validate bullish dominance, with a potential target of 2788.