Wer Benziner oder Diesel fährt, ist inzwischen seit Jahren den Anblick hoher Spritpreise an Tankstelle gewohnt. Jede Tankfüllung reißt ein Loch in die Brieftasche, das sich schon jetzt viele kaum noch leisten können. 2027 droht schon der nächste extreme Preisanstieg.
Monday’s session saw Nifty opening negative, making an initial high of 23,568.60, but gradually sliding down into the 75-minute Demand Zone (23,327 - 23,381.60). It touched a day low of 23,316.30 before closing at 23,381.60, marking a 178-point loss from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, indicating indecisiveness in the market. Demand/Support Zones Near Minor Demand/Support Zone (15m): 23,141 - 23,205.70 Far Demand/Support Zone (30m): 22,786.90 - 22,843.30 Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested) Far Support Level: 21,281.45 (Low of 4th June 2024) Far Demand/Support Zone (Daily): 20,769.50 - 20,950 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 23,557.80 - 23,591.25 Far Supply/Resistance Zone (15m): 23,644.10 - 23,694.50 Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15 Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook Nifty is struggling to hold key support levels, with the 23,300 zone acting as a crucial demand area. If this level fails, we could see a deeper correction towards 23,100 - 23,000. On the upside, 23,600 - 23,700 remains a strong resistance zone. A sustained move above 23,700 may indicate bullish momentum, while a break below 23,300 could trigger further downside.
As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) attacked the Support zone($96,520-$95,720) and 100_SMA(Daily) but started to rise again. The increase in the last few hours has NOT been accompanied by high volume so far. Bitcoin is moving in the Resistance zone($100,520-$97,200) and near the Potential Reversal Zone(PRZ) , the upper lines of the Falling Wege Pattern , the Monthly Pivot Point and 50_SMA(Daily) . According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Expanding Flat(ABC/3-3-5) near the upper lines of the Falling Wege Pattern . If Bitcoin goes above $99,200 , this wave count will expire . Educational tip : If you cut the falling wedge pattern exactly in half, you will notice that most of the candles are in the lower half, and whenever Bitcoin hits the upper lines, it starts to fall immediately, which means that the power of sellers is more than buyers. Although the wedge pattern is a bullish pattern, we cannot expect an increase until the upper line is validly broken. I expect Bitcoin to re-attack the 100_SMA(Daily) and Support zone($96,520-$95,720) in the coming hours, and if it breaks, it will also attack the lower line of the falling wedge pattern . Note: If Bitcoin breaks the upper lines of the falling wedge pattern in huge volumes, we should most likely wait for the break of the Resistance zone($100,520-$97,200). However, the main resistance of Bitcoin is the $107,000 range. Note: If Bitcoin manages to break the lower line of the falling wedge pattern and 100_SMA(Daily), we should wait for Bitcoin to attack the Heavy Support zone($93,300-$90,500) and Support lines. Which scenario do you think will happen to Bitcoin? Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button ?? & Share it with your friends; thanks, and Trade safe.
Gold surged during the day. After the long orders were closed, the market showed signs of weakening from the current gold hourly chart. In addition, 2907 is also the 161.8% position of the extension of 2853-2886. Beware of the possibility of a sudden plunge!!! You can short in the 2907-2909 area in the evening, looking down to 2890, 2880.
? The price dipped below EMA 50/200, likely triggering stops from retail traders. However, the low selling volume suggests large players might be accumulating liquidity at lower levels. ? Key levels to watch: ? Break above 98K-100K with strong volume → Confirmation of Markup Phase (bullish continuation). ? Drop below 90K with high volume → Potential Markdown Phase (distribution & further decline). Volatility is rising. Stay cautious.
Midterm forecast: While the price is above the support 89.65, resumption of uptrend is expected. We make sure when the resistance at 147.05 breaks. If the support at 89.65 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 89.65 is broken. Technical analysis: A trough is formed in daily chart at 80.05 on 02/03/2025, so more gains to resistance(s) 117.47, 125.06, 133.99 and maximum to Major Resistance (147.05) is expected. Take Profits: 117.47 125.06 133.99 147.05 167.24 189.79 232.63 281.63 334.75 388.93 413.50 __________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the ? BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! ? Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
As of now, gold has been rising steadily today, rising all the way from the opening price of 2860 to break through 2900 today, reaching a high of around 2910. It fell back slightly in the middle, but it did not fall below 2860. Therefore, I am optimistic about the gold bulls and it will continue to rise. With all the good news, it is just around the corner to break through 2930. Therefore, if the opportunity arises and it falls back to 2860-2880, you should buy it immediately, and you can also make a profit by selling it near 2900.
This chart shows the cyclicality and history of Bitcoin's price action since it's inception.
This chart shows the relationship between US Debt and the S&P 500 over the past few decades.
This chart shows the exponential increase in US Debt and US Money supply over the past few decades.