Bitcoin coin has been quite volatile and corrective but managed close above $9000. Bitcoin maintained the price above $9000 area, can BTC recover further?
When will the equity market will bottom? To find out, it is worth doing a quick comparison to the 2008-2009 financial crisis to look for clues.
Gold established support at $1455 and the Bulls are ready to strike higher. XAU is currently volatile and corrective while struggling to remain Bullish
Gold Continued Bullish Run above $1560 may reach $1600 again. Despite the recent Bearish impulsive pressure, Bulls regained momentum and heading higher.
Gold Stable Bullish Momentum may lead price towards $1600 area as it remains above $1550. Certain correction may occur but Bullish trend may strengthen.
Gold Continuing Bullish Pressure Breaking $1560 Resistance area with a daily close. The price found confluence from the dynamic level as well.
Gold Bearish Pressure mounting near $1570 Support while breaking below the mid-term Trend line. Gold may continue the downward pressure along the way.