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Following a test of significant horizontal resistance, gold presents notable bearish signals, particularly influenced by the psychological level of $3700. Analysis reveals the formation of both a double top and a rising wedge pattern. The price has violated both the horizontal neckline and a trend line, closing below the two key levels. Consequently, a continued bearish reversal towards the targets of 3636 and 3620 is anticipated.

I believe that the price of 📈GOLD is likely to rise. The formation of a double bottom pattern on a significant hourly support level, along with a bullish breakout of its neckline, indicates substantial buying interest. It appears that the market will revisit the 3666 level.

The price of 📈GOLD reached a new all-time high today following the release of US news. The market has successfully surpassed and closed above a previously identified resistance level within an accumulation pattern on a 4-hour timeframe. Further upward movement is anticipated, and the pair is expected to approach the 3620 level in the near future.

GOLD is currently exhibiting a robust bullish trend, having recently reached a new higher high. Following this upward movement, the market entered a phase of consolidation within a narrow parallel channel on the hourly time frame. The recent violation of the resistance indicates a likely continuation of this upward trend. Given these technical indicators, I anticipate that GOLD will reach the significant psychological level of 3560, reflecting sustained bullish momentum in the market.

It appears that there are two strong bullish confirmations for 📈BITCOIN after testing a significant daily support cluster. The price has violated a trend line within a falling channel, along with the neckline of a double bottom pattern, as indicated by a single, robust bullish candle. It is possible that the pair could continue to increase in value, potentially reaching the 113,242 level before encountering the next resistance.📈 Bitcoin is set to rebound from a crucial daily horizontal support level. Our confirmation comes from the formation of an inverted head and shoulders pattern on the hourly chart, along with a break of its neckline. Target - 117,000.

Gold has been consolidating within a wide horizontal range since the end of May, on a daily timeframe, and we see a test of its resistance at the moment. A decisive breakout above the daily resistance cluster would clearly signal a bullish continuation. I anticipate that the market will soon reach the All-Time High.

Yesterday, gold experienced a significant bullish movement, surpassing a critical daily horizontal resistance cluster. Currently, we are seeing a retest of this broken level. There is a high chance of a continued price increase from this point. The subsequent resistance level is projected at 3432.

Quick update for GOLD: the pair has recently violated a key daily horizontal resistance. After a breakout, the market nicely retested the broken structure and started to grow from that. I believe that the pair has a good potential to drop even lower. Next support - 3400

What a crazy bullish move initiated on 📈Gold on Friday, Following the Fed Chair Jerome Powell's speech on Friday, It is anticipated that this positive momentum will persist into the upcoming week. Our primary resistance level is situated within the 3400-3409 range, which is expected to be tested. Furthermore, a potential retracement from this level is possible. Should a decline occur, a bearish correction towards the 3350 level is anticipated. I will continue to monitor the market and provide further updates.Based on the hourly timeframe analysis, a robust bullish pattern has emerged for 📈GOLD. Specifically, a bullish flag formation is observed, with a confirmed candle close above the resistance level. Consequently, a continuation of the upward trend is anticipated. The projected target is 3380.

We have observed two unusual breakouts in the price of Gold. We are aware, the market had been consolidating for approximately one week. During this consolidation, the price established both a triangle pattern and a horizontal range. We are now witnessing a breakout below both the support level of the range and the neckline of the triangle. This appears to confirm the current strength of the sellers in the market. The price may potentially decline to the 3296 level.