Silver (XAG/USD) is rising towards the pivot, which has been identified as an overlap resistance, and could reverse towards the pullback support. Pivot: 63.21 1st Support: 55.51 1st Resistance: 70.80 Disclaimer:The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or…
Cipher Digital (formerly Cipher Mining) has fallen since its June high. The sell-off was mainly driven by macro factors. Inflation concerns and expectations of further rate hikes pushed bond yields to multi-decade highs, which weighs heavily on debt-financed, rate-sensitive names like CIFR. The OpenAI revenue report and a weaker Bitcoin added pressure on the sector….
The weekly FIL chart shows a multi-year triangle that appeared to break down, but the $0.32 wick indicates a liquidity grab by whales. The price recovery to $1.14, combined with an RSI downtrend breakout, signals that selling pressure is exhausted. If $1.40 holds, the next targets are $3.70 and then $7.00.
The week starts. R3 4254R2 4225R1 4207 Pivot 4178 S1 4149S2 4131S3 4102 Gold opened at 4190, a few dollars under Friday’s close, and is trading at 4188. Where we left itFriday’s squeeze broke higher, through every level above the pivot and on to 4205, where sellers turned it back. Price held above Friday’s R3…
Gold (XAU/USD) has bounced off the pivot, which has been identified as a pullback support, and could potentially rise toward the 1st resistance, which acts as a pullback resistance. Pivot: 4,125.80 1st Support: 3,976.90 1st Resistance: 4,330.84 Disclaimer:The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC…
# Bitcoin Market Analysis (BTCUSDT) # Current Scenario BTC has now provided a **correction signal on the 3H timeframe**. However, I am still waiting for the 4H signal, as it could override the lower-timeframe indication and provide a clearer picture of the market direction. My current focus is on the potential completion of the **Blue…
Bank Nifty recovered after forming a low around 54,300 and closed at 55,256, indicating positivity in the index. As long as 54,300 is protected, we can expect positivity in the index with high volatility. However, if Bank Nifty breaches 54,300 again, we can expect a further downside move.If Bank Nifty crosses and sustains above the…
BTC just recorded its largest single-day spot ETF net outflow in nearly three and a half months. And honestly, this is a pretty important shift in market structure. We’re seeing the classic “price down + ETF outflows”negative feedback loop. This is no longer the divergence we saw earlier, when BTC was falling while ETFs continued…
Nifty formed a doji candle on the weekly timeframe, indicating indecisiveness in the index. No clear trend is visible on the charts. Nifty is oversold, and the chances of short covering are high.If we analyze both bull and bear case scenarios: Bull Case: If Nifty is able to cross and sustain above 22,610 and 22,710,…
Following the sharp rally and retracement, I’m watching whether 1000XEC can build support around 0.0073–0.0074 on the daily chart.My bullish scenario depends on that base holding, followed by a recovery toward 0.0095–0.0100. A sustained breakout through that area, supported by stronger volume, would make the upper projections more relevant.Levels marked on my chart:Support: 0.0073–0.0074.Downside risk…
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