Gold and Bitcoin are both working their way towards and through ‘Big Number’ resistance in the form of the $2,000 and $11,000 price tags.
Bitcoin’s week-long rally has turned points of resistance at $10,623 and $10,464 into support levels and target price $11,500 looks possible.
Equity index metrics indicate short-term selling pressure which would go hand in hand with profit taking as the weekend approaches.
Crude Oil WTI
Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators.
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