PopiaMytravelbirdie

Technicals on where this thing could be heading. Sudden bullish reversal like this is interesting, here for the ride!

Still risky but this could be the beginning of another bull run for gold, pivoting from daily volume zones and the leg break trend line. It also doesn't have a tail at the top, well it has a tail but a very small one almost imperceptible, it usually wants to create a definitive tail before a move. XAUUSD

The pull might be too strong to resist, this burgundy monthly trend line and monthly volume close by. The 200 daily ema not too far away as well.

The main theme with this is the double tap to a sell, the first engulfing happened a couple days ago, now its created another engulfing, this is strong confirmation for a continuation sell. The good thing is its also sitting at the same price levels as the last engulfing dip, so the price is still cheap for where this can go. It ain't going back above the 126k prices for now, maybe in a couple weeks it'll turnaround again to the upside. The other critical thing is that all this sell action happened at the burgundy trend line, that's a major monthly level and the coordinates are EXACT! BTCUSDIf you notice the bright green line represents the day chart, the day candle on this chart is sitting outside of it, it's sitting outside of it, a sign of great weakness - it should drop.Notice it tapped and bounced both grey line, very accurate coordinates

...price hit the monthly and weekly trendline then bumped its head.

Sitting outside of the daily trendline, looking isolated for the pricking, drop maybe? GOLD

Will Gold recover from these levels or tumble lower? I think tumble lower. (-_•)▄︻テحکـ━一 XAUUSD

It's sitting under daily trendlines, within daily volume, and currently staring down the burgundy monthly trendline. If it decides to drop, it could crash to at least the grey zone. XRPUSD

In case you were wondering what happened, price ran into the monthly burgundy trendline and the blue daily trendline. A drop from here could be weighty, just saying. BTCUSD

The USD seems to have unusual strength tonight. I think this drop will tumble to the next volume zone, possibly crashing right through it. BTCUSD