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Today's Gold Trading Plan

According to our analysis, the price is going down. Currently the price is trading above the 2640 level and trying to move up to 2662. This level could reject the price and then start a decline to the 2606 level, which remains our target. It is important to note that the downtrend is still active. For the trend to turn to the upside, the price needs to establish itself above the 2071 level. Downtrend: As long as the price is below 2662, especially below the 2640 level, the bearish trend will remain active. In this case, reaching the support levels of 2606 and 2566 remains achievable. Uptrend: If the 4-hour candle closes above the 2662 level, it is up with stronger confirmation, especially if it closes above the 2071 level. Trend Key: 2662

Make it or Break it

If 135 is Broken we may see 124 & then around 90 - 92 levels. However, it should bounce from the 135 - 136 once till 150ish. 144.20 - 144.50 is Immediate Resistance that needs to break & sustain. On the flip side, if 177 is Crossed with Good Volumes & Sustained, we may witness its Uptrend target around 250 - 255

Plan Accordingly

Just biggy packing off of previous halving patterns

MLNUSDT

We can attempt to buy MLNUSDT from specified level as it makes HL , also 0.618 FIB level intact indicate that it moves upward. SL , TP mention in chart

Continuous buys

The market has made a bullish engulfing on the resistance trendline on a 1 hour timeframe confirming a Continuation to the upside until the major bull trendline 21,636.5

FARMUSDT

We can attempt to buy FARMUSDT from specified level as it makes HL , also 0.618 FIB level intact indicate that it moves upward. SL , TP mention in chart

Chainlink Targets $35: Key Resistance at $25 in Focus

Hello, Chainlink (LINK) is maintaining strong bullish momentum, currently approaching the $25 resistance level. A confirmed breakout here could open the path toward $35 as an initial target. Monitor the price action around the resistance zone for confirmation. As always, ensure effective risk management is in place. BR,

Salesforce (CRM): Decision Point Approaching

NYSE:CRM has risen higher than anticipated, but we are still holding on to our bearish scenario. Initially, we expected another leg down following the wick that we identified as wave ((a)), but the stock surprised us by pushing to a higher high, surpassing the levels of wave 1 and wave B at $348.86. This move invalidated our first bearish scenario, activating our secondary outlook of a flat correction where wave ((b)) exceeds wave 1, which aligns with the current structure. From here, our outlook is straightforward: if our bearish scenario holds, NYSE:CRM should drop below the wave ((a)) level, which is yet to be determined. However, if the stock rises above $360 and sustains trading at that level, the bearish outlook will be invalidated, requiring a complete re-charting of $CRM. A decision point is approaching, and we will monitor the stock closely for further developments.

Binance, Coinbase, and OKX blocked in Cambodia

While the crackdown primarily affects website access, mobile apps for these platforms remain functional, allowing users to continue trading

Why does the name ‘David Mayer’ crash ChatGPT? OpenAI says privacy tool went rogue

Users of the conversational AI platform ChatGPT discovered an interesting phenomenon over the weekend: the popular chatbot refuses to answer questions if asked about a “David Mayer.” Asking it to do so causes it to freeze up instantly. Conspiracy theories have ensued — but a more ordinary reason is at the heart of this strange […] © 2024 TechCrunch. All rights reserved. For personal use only.