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Kyriakos_CFTe
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SOLUSD 50% | 1 XAUUSD 50% | 1
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SOLUSD bullish scenario short term
SOLUSD
, 1DLong
SOLUSD: SOLUSD bullish scenario short term

A possible bullish flag is under development, pointing to a price level 75-80$ which was the previous point of interest (Supp&Ressi). Fibonacci extension 61.8 is coming aligned with the flag pattern target at 140-145$. Additionally, the most recent resistance is coming from April 2022. Let's see how will develop, a pullback at 75-80$ with a strong bounce back...

XAUUSD - Short Scenario
XAUUSD
, 240Short
XAUUSD: XAUUSD - Short Scenario

Gold broke below its upward trendline and retested it below twice, forcing the price to trade lower below 2,050$ psychological mark. Further downside is expected with a 2000$ price target ahead, aligned with the 200-day SMA. A decisive close below the 2000$ mark, set ahead 1,880$ price level.

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