Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Market Analysis-June 8
The Gold market turned bearish on the higher timeframe (daily) at the cross of the Simple Moving Average (SMA) of periods nine and twenty-one in May. The price declined under a resistance trendline. The resistance trendline has been defied with a retest at the supply level of 1978.0.
Gold Key Levels
Resistance levels: 1978.0, 2043.0, 2070.0
Support levels: 1890.0, 1804.0, 1693.0
Gold Long-Term Trend: Bearish
Three white soldiers established a price rise for Gold from 1978.0 to 2070.0. After a new high was formed, the price crashed rapidly to break the significant level of 1978.0 and establish a shift in market structure. A bearish order block hung above 1978.0 as the price declined further.
The bearish trendline broke after a push-up in price after the Stochastic signaled the market was oversold. The Moving Averages are still hovering above the daily candles, revealing a descent. A pullback is anticipated to mitigate the bearish order block above 1978.0.
Gold Short-Term Trend: Bullish
Relatively equal highs resting at 1978.0 appear to be liquidity regions. The equal highs (eqh) are likely to be swept in a bid to rise into the bearish order block resting above. A retest has followed the break of the bearish trendline to reveal a pullback.
You can purchase Lucky Block here. Buy LBLOCK
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
