Analysis

The BTCUSD market is forming the global corrective trend, with the upward wave (A) completed inside as a bullish five-wave impulse. There is unfolding the beginning of the bearish wave. There could be unfolding an impulse sub-wave, with the first two sub-waves 1 and 2 completed inside. The Bitcoin price should go up to level […]

The gold Target Zone 3 1875 – 1871 was held. After that, the XAU price began to fall. As a result, the short-term uptrend’s key support 1858 – 1856 was broken out. Thus, the short-term trend reversed down. Now the target for sales is the lower Target Zone 1839 – 1836. It is profitable to enter new short

After falling below $1200 per ounce in 2018, gold rebounded sharply over the next 12 months, and a significant bullish trend began. Its yield increased by almost 20%, whereas its quotes went up to $1,556 per ounce. The rally continued in 2020. The COVID-19 pandemic increased the popularity of the precious metal as a hedging instrument,