worldofprofits

Bitcoin (BTCUSD) is currently trading near a strong demand zone, indicating a potential bullish reversal setup.🔹 Key Levels & Zones:Strong Demand Zone: BTC has entered a high-liquidity support area around $84,900 - $86,000, which has previously acted as a reversal zone.Potential Upside Target: The first key resistance level is at $89,300, while a breakout could push BTC towards the $92,400 - $92,500 range.Stop-Loss Consideration: Below the demand zone low to minimize downside risk.🔹 Trade Plan & Expectations:Bullish Reversal Setup: The current price action suggests that Bitcoin is forming a higher low within a demand zone, which may result in an upward move.Breakout Confirmation: If price holds above $87,000, a push toward $89,000 - $92,500 is likely.Bearish Invalidations: If price breaks below $84,900, the bullish setup may get invalidated, signaling further downside.📈 Bullish Bias: A strong entry point is forming in the demand zone with a high reward-to-risk setup targeting key resistance levels.

Gold (XAUUSD) is currently trading within a range-bound structure, forming key supply and demand zones.🔹 Key Levels & Zones:Strong Demand Zone (2H): Price recently tested a significant demand zone near $2,900 - $2,905, showing signs of potential bullish reaction.Fair Value Gap (FVG) Fill: There is an imbalance in price action, suggesting a temporary push upward to fill the gap before further moves.Strong Supply Zone: A major resistance area is identified around $2,945 - $2,950, making it a potential take-profit zone for buyers and an ideal level for fresh sell entries.🔹 Trade Plan & Expectations:Short-Term Bullish Move: Price may attempt to retrace higher towards the FVG fill area & supply zone, aiming for $2,940 - $2,945 before facing rejection.Bearish Continuation: Once the price reaches resistance, a potential sell-off could drive XAUUSD back towards the demand zone and possibly lower towards $2,880 - $2,885.EMA Confluence: The moving averages suggest an overall bearish trend, with price struggling to hold above key resistance levels.📉 Bearish Bias: If rejection occurs at resistance, watch for confirmation before entering short positions targeting the demand zone and lower support.📈 Bullish Scenario: If price breaks above $2,950, it could signal further upside momentum, invalidating the bearish setup.

Gold (XAU/USD) is on a strong bullish run as market momentum favors buyers. With increasing demand and positive technical indicators, the precious metal is set for further gains. Stay tuned for key levels and updates! 💰📈