Gold. Historical highs have been updated.

[WAndreas]

Gold. Historical highs have been updated.
Gold is a metal that is not so much on Earth, so it is considered precious and has been appreciated at all times. It is considered a good option for investing and saving your funds. This year, the price of it has constantly updated historical highs. Just like Bitcoin. But, unlike it, it can always be held in your hands, which causes more trust than the blockchain. I assume that the price of it may continue to grow. On the other hand, no one can say for sure whether this growth will continue. What do you think about this?

 

[Nut-Nights]

Right time to buy gold is gone for now. With major political shift in the west and changes soon to be happen in war zones. You need to be careful if you are looking for buy position in Gold. Maybe wait and see how things goes. This is just my personal opinion.

 

[WAndreas]

Right time to buy gold is gone for now. With major political shift in the west and changes soon to be happen in war zones. You need to be careful if you are looking for buy position in Gold. Maybe wait and see how things goes. This is just my personal opinion.

I looked at the price chart for the day here. The pullback that has occurred still gives hope for a return to the highs, I suppose. But yes, I agree, most of the time may already be missed. But even then, no one expected such a good growth.

Spoiler: price chart

 

[WAndreas]

The weekly chart shows that the price has made several attempts to turn short with the same candle that was formed the week before last. But this week's candle has a long shadow from below, which may indicate the reluctance of buyers to give up their positions. But I don't think we'll update the high next week. Most likely, prices will remain in the corridor.

Spoiler: A week

 

[mzzx]

I think it will keep on going up

Can a person buy gold as Bitcon in binance

Gold. Historical highs have been updated.
Gold is a metal that is not so much on Earth, so it is considered precious and has been appreciated at all times. It is considered a good option for investing and saving your funds. This year, the price of it has constantly updated historical highs. Just like Bitcoin. But, unlike it, it can always be held in your hands, which causes more trust than the blockchain. I assume that the price of it may continue to grow. On the other hand, no one can say for sure whether this growth will continue. What do you think about this?

 

[WAndreas]

Can a person buy gold as Bitcon in binance

As far as I know, there is no way to buy gold directly for bitcoins on Binance. Tokens only. For example, PAX Gold, Tether Gold.

 

[WAndreas]

Yesterday, the fall continued. Apparently, they began to pour into bitcoin en masse, seeing more prospects in it. We are currently at the 2600 level, which was a strong support not so long ago. But judging by the momentum on the way, we can.

 

[WAndreas]

It was not possible to gain a foothold under the support yesterday. The price may rise to the area of 2642, it is unlikely to go higher.

Spoiler: I think.

 

[WAndreas]

The price started moving downwards. The nearest area where there may be a stop is shown in the screenshot.

Spoiler: The nearest area

 

[WAndreas]

I expect the price to stand still.

Spoiler: Chart

 

[WAndreas]

Spoiler: Chart

Area 2.684 is a resistance level from which price could push back into selling. Besides, if it goes there, the Head and Shoulders pattern will be formed, which will speak in favor of selling.

 

[WAndreas]

The price is slowly rising to 2684, where I assume there will be resistance and a selling zone. The screenshot is in the previous message.

 

[WAndreas]

The current price is 2666, the move towards resistance is slowly continuing. You can try to sell from there.

 

[WAndreas]

2684 level did not hold as resistance, the price went further up and is currently in the 2715 area. A pullback to 2684 is possible. But it seems that the bull market is taking its course.

 

[WAndreas]

Perhaps, the growth will continue to the area of 2748, where horizontal resistance will be reinforced by trending resistance. This may turn out to be the nearest target of the upward movement.

Spoiler: Chart

 

[WAndreas]

Now the reversal Head and Shoulders have already formed on the daily chart. In case the targets may be in the area of 2500.

Spoiler: Chart

 

[SocksFive]

Gold usually falls along with the stock market. Just like crypto.

 

[WAndreas]

Gold usually falls along with the stock market. Just like crypto.

That was before. But as we know, markets change. And the bitcoin rally has not affected gold's movement as much as expected. This suggests that the rally is artificial.

 

[WAndreas]

Yesterday showed that gold did not want to go below 2600. It seems to be locked in the corridor 2600-2680.

Spoiler: Chart

 

[WAndreas]

They won't let me upstairs. I assume that we will go down to 2604 and expect support breakdown there for further downward movement. A Head and Shoulders pattern has been formed.

Spoiler: Chart