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Daily Technical Report 5-3-2024

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GOLD

Daily Technical Report

Pices rose rapidly in previous trading sessions, breaking through crucial resistance zones in the range of $2085 to the upside. In this scenario, it is likely to target the main peak in the range of $2140. This scenario is invalidated if the prices break below $2085 again to the downside.

Support

2100 2085 2060
Resistance 2140 –

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USOIL 

Daily Technical Report

Prices are trading around the $78.5 zone. In case of breaking above the previous peak in the range of $80.50 to the upside, we may target the $83 zone. On the other hand, if it breaks below $80 to the downside, we may target $75.70.

Support

78 77.25 76
Resistance 78.5 83

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BTCUSD

Daily Technical Report

Bitcoin is moving upward on the medium-term, with prices rising rapidly in recent trades, reaching the range of $68,500. With prices holding above the $64000 level, it is likely that the upward trend will continue.

Support

65000 64200 63000
Resistance 69000 –

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