PLUS1
Commodities
Gold (XAUUSD) Recovers above Level $1,760 but Struggles to Break $1,800 High
Jul 10 2021 @ 12:47
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD has resumed an upward move after falling to the low of level $1,760 on June 18. On June 29, the bears retested the support as Gold resumed upward. The implication is that the uptrend has resumed as price fails […]
Bitcoin Cash (BCH) Reaches Bearish Exhaustion, Resumes up Trending
Jun 16 2021 @ 04:14
Key Highlights BCH retested $560 low and resumed upward move The altcoin is in a downward correction Bitcoin Cash (BCH) Current Statistics The current price: $629.02 Market Capitalization: $13,210,849,033 Trading Volume: $1,500,840,541 Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis June 14, 2021 Bitcoin Cash (BCH) is […]
Gold (XAUUSD) Is in an Impressive Bullish Run, Pauses above $1,890
Jun 07 2021 @ 10:31
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD is in an uptrend. Gold has risen tremendously from its previous low of $1,680 to $1,890. The market reached the high of $1,925 and was repelled. Gold retraced to the support of the 21-day SMA. The uptrend will […]
XAGUSD Pair Buyers Look for Bullish Continuation
Jun 07 2021 @ 10:19
XAGUSD Price Analysis – June 7 After failing to profit from the weaker DXY on Friday, the XAGUSD saw some buying near the $27.00 mark. As buyers hunt for upside continuation, the pair is correcting but could be headed for a new high. As buying interest ramped up at the $27.22 level, silver is currently pushing up […]
XAGUSD Boosts Gains From Weekly Lows, Further Advances Likely
May 20 2021 @ 05:18
At the end of the prior session, the white metal turned positive away from weekly lows of $26.72 and shot to two-day highs, around $27.48 level. XAGUSD trend appears to be stacked in favor of buyers, implying that further advances are likely. Following worse-than-expected US results, the dollar fell on Friday. Key Levels Resistance Levels: $30.13, $28.90, […]
Litecoin (LTC) Is in a Downward Move as the Altcoin May Find Support Above $340
May 13 2021 @ 09:34
Key Highlights Litecoin is in a downward move, approaching the $350 low It has a target price of $320 low Litcoin ( LTC) Current Statistics The current price: $359.37 Market Capitalization: $30,202,613,550 Trading Volume: $11,037,650,926 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 13, 2021 Litecoin has […]
Gold (XAUUSD) Faces Rejection at Level $1,760, May Resume Downward
Apr 29 2021 @ 00:19
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold is presently in a downward move. The current downward move was a rejection from $1,950. On March 8 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that Gold is expected to fall to […]
Silver Price: XAGUSD Reverses From Daily Highs, As Further Weakness Stays in Focus
Apr 29 2021 @ 00:02
XAGUSD Price Analysis – April 29 After failing to consolidate the prior week’s high at $26.30, Silver (XAG) has dropped back towards the $26.00 level with Friday’s close of $25.85 level. A sharp rise in US Treasury bond yields appears to be putting pressure on the white metal. From the last session, the benchmark 10-year […]
Silver Price: XAGUSD Sustains Upside Bias Past $25 as US Dollar Remains Pressured
Apr 09 2021 @ 08:34
XAGUSD Price Analysis – April 9 The white metal managed to continue its rebound from lows of $23.78. Silver (XAGUSD) is building on Friday’s rebound above $25.00 as the US dollar remains pressured after Jobless Claims. Key Levels Resistance Levels: $27.50, $26.77, $26.00 Support Levels: $24.50, 23.50, $21.89 XAGUSD Long term Trend: Ranging The technical […]
Gold (XAUUSD) Breaks the $1,750 Resistance, Resumes Uptrend
Apr 09 2021 @ 08:18
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging Gold is making positive moves as price breaks the resistance at $1,750. XAUUSD will be out of the range-bound zone if the bullish momentum is sustained. The upward move may face resistance at $1,800 and $1,840. In the previous price […]
