sishekanu

sishekanu

Gold is poised to reach 1980 before it can make a downward move. At 1980, the precious metal will form a bearish cypher harmonic pattern. Before that we have to break through 1950 resistance. Currently, gold is trading at 1926 and the price has formed a bullish divergence with the MACD from the two previous lows as can be seen from the white tangent line...

sishekanu

Gold is poised to reach 1980 before it can make a downward move. At 1980, the precious metal will form a bearish cypher harmonic pattern. Before that we have to break through 1950 resistance. Keep ears to the ground for fundamentals. Merely my opinion, not in any way financial advice. Stick to your strategy and manage your risk. All the best.

sishekanu

BTC made a fake breakout (as seen from the break below the yellow line) before it was rejected from the 25K resistance. I expect the price to continue rising and breakout of the descending regression channel to taste the 30K resistance before a massive drop. BTC will keep rising until it forms a bearish cypher pattern at 29K-30K. N.B.: This is merely an opinion....