Gold continues to press up into a resistance zone that has stalled the ascent since Monday. Support for the sharp rally is around the 8-Day MA at 2,322. It remains the most sensitive level to watch ...
- As looked at earlier in this module,Fibonacci retracements can help traders to identify possible support/resistance . - We've previously discussed how a trader can use Fibonacci retracements on long ...
Gold’s relentless decline hit another new retracement low today at 1,885, thereby triggering a bear trend continuation. The bearish continuation was indicated by yesterday’s daily close around 1,892.
Natural gas looks to have found support around the 78.6% Fibonacci retracement with a low of 2.03. It is on track to close higher than the open, with a green candle for the first day in five days. If ...
SUI is in wave (5) of a strong impulse. Fibonacci confluence targets $4.59–$5.32. RSI divergence warns of cooling momentum. SUI has surged out of a long corrective phase and is now in a robust ...
Bitcoin begins June near $105,500 after May’s 11% close. Golden ratio and 100 EMA near $105,800 cap early gains. Breakout above $107,000 may confirm bullish continuation. Editor's note: Seeking Alpha ...
Gold faces resistance but demand remains strong. Breakout above 2,365 could signal continued advance to higher targets. Gold continues to press up into a resistance zone that has stalled the ascent ...
Traders Union is a leading financial portal dedicated to empowering traders and investors with essential information to maximize their success in the financial markets. XRP presses down on the 50-day ...