franado

Gold could retrace 100 - 200 dollars based on Fib support zones

4 hourly chart showing Rising wedge which is a continuation pattern of the trend. Also 5 candle wicks show a rejection to get over the 55ema. Looks like more downside to come for gold

Bitcoin is still holding within the current ascending channel, showing sideways consolidation near the upper range. The MACD is beginning to turn, signalling potential momentum loss after a strong rally. From the 2020 swing low to the 2021 swing high, price has reached and rejected the 1.618 Fib extension, suggesting a temporary top may be forming. If the lower boundary of the channel breaks, BTC could repeat the pattern seen in the 2021 cycle — a deeper corrective phase before forming the next major leg higher. As long as it stays inside the channel, the broader trend remains bullish.

META is trading inside a descending channel after breaking its main uptrend. Price recently rejected the upper boundary with strong sell volume and a bearish MACD crossover, showing short-term weakness. The 0.5 Fibonacci level is acting as current support — if price breaks below this, expect a retrace toward the 0.618 Fib zone ($400–$405) which aligns with key channel support. Holding this level could trigger a rebound toward $450–$470, but a close below $400 opens the door to $380–$360. RSI is near oversold, suggesting a potential bounce if the 0.618 level holds. Medium-term correction within a larger bullish structure.