linofx1

I spotted a clear ascending triangle pattern on a daily time frame. To validate a bullish continuation, we need a breakout above the neckline. A daily candle close above 3370 will serve as a strong confirmation, and we can expect a move up to at least the 3440 resistance level.

📈 GOLD shows several bullish signals on the 4H chart. Initially, the price surpassed and closed above a resistance line of a bullish flag pattern. Following that, a confirmed Change of Character (CHoCH) took place. The price appears poised for further growth, with the next resistance level at 3360.

📈GOLD has surpassed and closed above a significant intraday resistance level. After retesting this level, the price created a small ascending triangle on the hourly chart, and we've observed a confirmed breakout of its neckline. I plan to go long on the pair during the retest, anticipating further growth, with the next resistance target at 3327.

I believe that 📉Gold price may continue to decline from the identified resistance level. This outlook is supported by the formation of a cup and handle pattern on an hourly time frame.My target for this retracement is set at 3312.

⚠️Gold closed on Tuesday, forming a bullish flag pattern on an hourly chart, indicating a market correction following a strong upward wave. A breakout above the resistance line with a candle close will likely signal a continuation of the trend, with a high probability of the price rising to at least a new higher high. However, keep in mind that the price may respect the trend line multiple times and corrections could be prolonged, which is why we depend on a reliable breakout as a trigger.

GOLD appears to be bearish on an intraday chart following the violation of a key support zone. The broken structure and descending channel resistance line now indicate a tightening supply area. A significant bearish movement is likely to follow. The next support level is at 3249.

⚠️GOLD is currently at a crucial daily horizontal support level. It is consolidating within a horizontal range on the 4-hour chart, showing a positive bullish reaction and testing the range's resistance. A breakout above this resistance with a 4-hour candle close would signal strong bullish momentum, potentially leading to further gains, with the next target at 3437. Conversely, a bearish breakout below the support could initiate a downward movement.

Given the recent news in the Middle East, I believe you'll agree with me that ⚠️Gold will likely to rise more. Your confirmation wound be a bullish breakout above the neckline of an ascending triangle pattern, along with an hourly candle closing above 3447.This would serve as a key indicator, potentially driving prices toward the current all-time high.

This week, strong fundamentals are backing 📈GOLD, which has successfully broken through a significant daily/intraday resistance level. Buyers are now likely targeting the psychological level of 3400. For long positions, consider a confluence zone that base on a rising trend line with the recently breached resistance.

📈ETHEREUM is in a long-term bullish trend, but since late May, it has been consolidating within a horizontal range. However, the price bounced yesterday and closed above the range's resistance, which is likely to initiate a trend-following movement. The next resistance level is at 3000.