Comment on Gold on November 9, 2021

After falling to 1812 Gold immediately bounced up as expected to 1825, closing yesterday's session with a bullish candle around 1823. With the end of the day continued with a bullish candle like this.  the possibility that the uptrend will not stop and will continue to increase in today's trading session.

Switching to the H4 time frame if mn has liquidated to take profits, in the beginning of today's session, we can set a buy status around 1815-1819 so we can consider buying with the target.  Target higher than 1830-1833 in today's trading session.

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Comment on Gold on November 8, 2021

 In the last trading session of the last week, precious metal Gold has gained quite strongly as analyzed, closing the week with a strong bullish candle around the threshold of 1818. With the closing of the week with a full strength bullish candle.  At this point, my personal opinion at the beginning of this new week's trading session is to prioritize buying option.

Switching to the daily chart, we can also see that the buying pressure of the last 2 days is quite strong and in the support zone, the nearest precious metal can be found around 1804-1808.  If the precious metal in the beginning of today's trading session can correct slightly, the upper price zone is a good price zone for us to establish a buy position on the precious metal Gold with my expected target is  around the threshold of 1825-1830.

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📕 Comment on Gold on November 8, 2021

In the last trading session of the last week, precious metal Gold has gained quite strongly as analyzed, closing the week with a strong bullish candle around the threshold of 1818. With the closing of the week with a full-strength bullish candle.  At this point, my personal opinion at the beginning of this new week's trading session is to prioritize buying options.

 - Switching to the daily chart, we can also see that the buying pressure of the last 2 days is quite strong and in the support zone, the nearest precious metal can be found around 1804-1808.  If the precious metal in the beginning of today's trading session can correct slightly, the upper price zone is a good price zone for us to establish a buy position on the precious metal Gold with my expected target is  around the threshold of 1825-1830.

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✍️ Comments on BTC at the beginning of the week on November 2, 2021

  Bitcoin has been trading in a tight range for the past few days around the $58-63k price zone.  It seems that extreme optimism is starting to cool after BTC hit an all-time high around $66,900 two weeks ago.  For now, traders are gearing up for a strong November and expect positive crypto returns later this year.

 Bitcoin has a trend of up 11%-18% in Q4, which is one reason why some analysts maintain their bullish outlook on crypto prices for the rest of the year.

 - Despite the dramatic price volatility, bitcoin's long-term uptrend remains intact.  And in general, analysts consider cryptocurrencies to be an early-stage investment.  Cryptocurrency trading firm QCP Capital wrote in a Telegram chat: “Cryptocurrency is not yet owned and there is still a huge knowledge gap, but the industry is rapidly gathering attracted the attention of professional investors.

 - In the last 24 hours, Bitcoin price fluctuated in a narrow range, the highest trading at 62,468 USD, and the lowest trading recorded at 59,562 USD.  The future of Bitcoin in the short term is a question that many investors are interested in.  Will the leading cryptocurrency recover to $67,000 next week and what could affect Bitcoin reaching new price highs?

 👉 Team's view: As in previous analysis, I still maintain the view that Bitcoin continues to accumulate so that this currency may explode after a few weeks of being "compressed".  The price of $70,000 will be the next level to conquer and each drop to $55-60k will be the ideal price range for our ace to buy to surf short (note that this high price area is better to surf than hold).

 (Currently BTC is at $61.6k under analysis)

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