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 – July 6
Gold has exhibited a bullish ascent over the past week, signaling a short-term uptrend. However, this upward movement is likely a retracement within the context of a higher time frame bearish trend.
The ongoing ascent of XAUUSD may soon encounter a pause as it reaches a significant resistance level.
XAUUSD Key Levels
Demand Levels: 1900.0, 1880.0, 1850.0
Supply Levels: 1930.0, 1980.0, 2069.0
Gold Long-Term Trend: Bearish
Despite the recent bullish activity in the Gold market lasting for four days, the Moving Average with a period of 21 remains positioned above the current price, indicating the continuation of the long-term bearish trend.
The Williams Percent Range on the Daily Chart shows a bullish reading, reflecting the short-term price rise. However, it is important to note that the possibility of a retracement turning into a trend reversal exists if the supply level of 1930.0 is breached.
Gold Short-Term Trend: Bullish
Traders are currently monitoring the market structure for a potential shift and observing a failure swing at the resistance level to confirm short positions. The Williams Percent Range is currently in overbought territory, suggesting a potential readiness for a price decline.
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