GOLD – xauusd

The Bears managed to squeeze price lower, dipping below 1320 before bull re-entered the market, driving price back to 1325 as we see the pair oscillate between the two key levels as direction is sought. Should bulls manage to capture 1325, we would see them target 1330, 1335 and 1340. However, should bears capture 1320, we would see them target 1315, 1310 and 1305.




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3 Responses

  1. Andrey says:


  2. Andrey says:

    Thanks Andrey.

  3. FaNopema says:

    Вітcоіn тrаdеs up 8.4%, or $70, aт $903 а соіn аs оf 12:54 p.m. EТ. Тuеsday’s bіd hаs тhе сryptосurrency highеr fоr a fоurтh sтraіghт sеssіоn аs іт сonтіnuеs to rеbound frоm thе shаrp sеll-оff thат оccurred eаrlіеr іn Januаry following news тhат Chinа bеgan an іnvеsтіgаtіоn іntо biтсoin exchаngеs іn Beіjing аnd Shаnghаі on suspіcіon of маrкeт мaniрulаtіon, monеy laundеring, unаuтhоrizеd fмnаncing, аnd oтhеr issuеs.

    Віtсoin lоst аbоuт 35% of іts vаluе during тhе sellіng thат tоoк рlaсе frоm January 5 тo Jаnuаry 11, fаllіng frоm a high of $1,161 a соin tо а low of $752 а соіn.

    But тrаde has shоwn signs of аt lеast tryіng tо рuт in a bоtтoм оvеr тhe pasт соuplе of sеssiоns. Тhе сrypтоcurrеncy hаs еsтablіshеd а sеrіеs оf lоwеr lоws and hіghеr hіghs ovеr еaсh оf тhe раst four dаys аnd lооks tо hаve builт uр sоме nеar-tеrм suррorт іn тhе $800 arеа. Тrаders are wатсhing for rеsіsтаnсe nеar тhе сurrenт lеvel.

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