Technical analysis on Gold for May 11, 2018

Technical analysis on Gold for May 11, 2018

Gold price broke above the short-term resistance of $1,319-20. Gold is bouncing as expected. Any pullback towards $1,310 is a buying opportunity targeting $1,330 next. Trend has changed to bullish. Blue line -long-term resistance Red line – long-term support Black line – short-term resistance Gold price is pulling back as a back test of the […]

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BITCOIN Analysis for May 11, 2018

BITCOIN Analysis for May 11, 2018

Bitcoin has been quite bearish today, having no signs of bullish continuation after the bullish daily candle close yesterday. Currently, the price is residing above the Kumo Cloud support area from where there are certain possibilities of the price moving higher, but certain bearish momentum did make the market quite indecisive in nature. The Bitcoin […]

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