XRP has performed quite well, even though Ripple is still a contentious firm. At least, contrary to numerous predictions made during the early stages of the court struggle, the native token hasn’t undergone a significant drop. According to information provided by CoinMarketCap, XRP has increased by more than 2.45% during the last 24 hours. The […]
Market Analysis – April 20 Gold (XAUUSD) ascent from 1804.0 to 1958.0 was delivered with dazzling speed. Since the break of the 1958.0 key level, the market has spent a relatively longer duration without pushing further to the next resistance level. Gold Key Levels Demand Levels: 1958.0, 1804.0, 1612.9Supply Levels: 2068.0, 2150.0, 2300.0 Gold Long-Term […]
Market Analysis – April 13 Gold Bulls have resiliently burned through all resistance levels above the demand zone of 1612.0. A new launchpad seems to be the final approach to strike 2068.0 Gold Key Levels Supply Levels: 1958.0, 2068.0, 2100Demand Levels: 1688.0, 1804.0, 1693.0 Gold Long-Term Trend: Bullish Ever since the Bullish reversal in November, […]
Market Analysis – April 6 Gold is currently delivering on the buy side of the market after a long-term decline in the price of Gold. The price is ascending to sweep the major high of 2069.0. Gold Key Levels Demand Levels:1959.0, 1805.0, 1613.0Supply Levels: 2069.0, 2160.0, 2200.0 Gold Long-Term trend: Bullish The nulls have drawn […]
Market Analysis – March 23 Gold experienced resistance from the bearish trendline from March to November of the previous year. The Buyers recovered just before the year ended. The rise in the value of Gold faced stiff resistance at the 1957.0 resistance level. The Bulls have broken the resistance and are set to soar. Gold […]
XAUUSD Analysis – March 9 XAUUSD respects its rising trendline on its way to higher price levels. The market is finally showing up after an underwhelming 2022 in which the price decreased drastically, dropping more than 20%. However, from the support level of $1621.480, by the end of 2022 into 2023, the buyer received the […]
XAUUSD Analysis – March 2 XAUUSD remains in an uptrend and may reach its highest price level in 2022. The market picked up bullish momentum towards the end of 2022, and this has continued into this year with the market driving past several key levels. Finally, on the first of February, an exhausted buying base […]
Market Analysis – February 23 The price of Gold rallied with an attempt to strike the 1999.0 supply level. The buyers got exhausted before reaching the supply level. The market made a U-turn above 1871.0 to retrace to the nearest bullish order block for support. The bullish order block has failed to hold, leading to […]
Market Analysis – February 16 The gold market is currently experiencing a pullback on the daily timeframe. The market is seeking strong support for the continuation of the uptrend. Gold Key Levels Support levels: 1786.0, 1738.0, 1727.0Resistance levels: 1871.0, 1999.0, 2067.0 Gold is currently experiencing buy-side delivery on the market. The previous year saw a […]
