OmidRafati

Gold chart after spend some big moves in these 20 month its time to take rest and it can go down until 2300

Resistance Level at $2380: In technical analysis, a resistance level is a price point where the market tends to encounter selling pressure, making it difficult for the price to rise above this level. Here, $2380 is considered a significant resistance level.Break of Resistance: If the price of gold breaks through this resistance level, it indicates strong buying pressure and a potential shift in trend upwards. However, if this break is temporary and the price fails to sustain above this level, it might signal weakness in the upward trend and a possible return to lower levels.Movement Towards $2300: If the price is unable to stay above $2380 and remains below this resistance, it could be due to market sentiment shifts and selling pressure. In such cases, the price might move towards lower support levels, with $2300 being a key support level where the price could potentially find stability.Technical Analysis: Technical analysts use patterns, trendlines, and support and resistance levels to forecast price movements. In this analysis, the failure to maintain above the $2380 resistance suggests that the price might decline towards the $2300 support level.Overall, your analysis is based on technical principles, which suggest that if the resistance level of $2380 is broken, the gold price might decrease towards $2300. It’s also important to consider market changes and fundamental factors that could impact this analysis.

Based on recent technical analysis and charts, it is anticipated that Bitcoin’s price, after breaking through the $59,000 resistance level, will likely target $70,000. Below are the reasons for this forecast:Breakthrough of Resistance Level: The $59,000 level is a significant resistance that Bitcoin has been attempting to break for some time. Successfully breaking this level indicates strong buying pressure and bullish momentum in the market.Positive Technical Indicators: Technical indicators such as moving averages, RSI, and MACD show clear signs of a bullish trend. These indicators generally suggest sustained upward momentum and the potential for further price increases.New Support Levels: After breaking the $59,000 resistance, the price is likely to use this level as a new support base. This new support can provide a solid foundation for the price to move towards the $70,000 target.Market Psychology: Breaking key resistance levels often boosts investor confidence and trader enthusiasm, which can lead to increased demand and subsequently drive up the price. This confidence can reinforce the upward trend.Demand and Trading Volume: Increased trading volume near the broken resistance level and the influx of new investors can be indicative of continued bullish movement.Overall, considering the above analysis, breaking through the $59,000 resistance appears to enhance the likelihood of reaching the $70,000 target. However, investors should always be aware of market changes and consider associated risks.

According to the behavior of the Bitcoin currency and the liquidity that is leaving the market. We also get the shorts position for Floki

I said in the last analysis that there could be a pullback, and now we want to take the next short position

sooo i wanna update my last idea , you can see this here is a important place for come back and make pulback strategy for take short again

we will see the 62000 then 52000 in btc chart and it will be happen in these 10 -15 days that will make some changes

afte leg 1 we need to see leg 2 in chart sooo lets buy deeeep

i see the pullback from mtr cycle in xauusd and i decide to sell till 2317

chart showing us that bch when break 250 level . then it can go till 297 and then touch 333