Trade

Gold price still can’t break up 1360

Gold price still can't break up 1360

          Gold price boost up hit 1355 and drop near 1340. But the trend line in timeframe 4 hours still up. Be carefully 1330. If could break this point. May be continue down again. Before this price the gold price boost up near 1355 point. But may be it just fundamental panic buy from trouble in Seria.

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Gold price move sideway so long

Gold price move sideway so long

          Gold price still move sideway in time frame 4 hours also move not so far from all EMA. May be move this range for a while between 1320-1345. Be carefully 1320 this price still dangerous if the price move down through this. There is no strong technical indicator to support gold price now.

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Bitcoin move above danger zone

Bitcoin move above danger zone

          Bitcoin price move down near danger zone near 6,000. If it could stand on this point and move up for a long time. May be the price should panic down to hit new low. Although it has a little bullish candle in time frame day. But it still not much to push up gold price.

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Deep down to the hell for Bitcoin

Bitcoin deep down to the hell

          Bitcoin price deep down to the hell. Now the price near 6,800 and May be move down to 6,000 near last low sine Feb 2015. May be move to make double bottom pattern. In time frame day if the price move down to hit last low near 6,000 again. It’s hard for bitcoin price to come back for long time.

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Gold price hit high 1350

Gold price hit high 1350

          Gold price move hit 1350 and appear bearish candle in time frame day. You can see 5 red circle near price 1360 may be strength resistant. If the price can’t break up. May be hard landing again or it will sideways this range between 1315-1360 for a long time.

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Bitcoin deep down reach 8,000

Bitcoin deep down reach 8,000

          Bitcoin deep down again below 10,000 reach 8,000. May be the price hit 6,000 again to complete double bottom pattern in time frame day. But if it couldn’t stand on 6,000 for a while. We should see panic down for bitcoin price and if that time come the bit coin price will become to downtrend for long time. Be carefully the point near 6,000 this is the critical point for decide the bitcoin’s direction.

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