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MARKET ANALYSIS

XAUUSD is heading towards a line of 3035.1599. If this movement continues, the price of XAUUSD could test 3035.1599 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

A strong resistance level has been identified at 4881.5898 on the 15 Minutes XAUUSD chart. XAUUSD is likely to test this level soon.

ETHUSD is approaching a critical level that could be a key deciding factor for what comes next. We may see this trajectory continue to test and break through 2264.1799, unless it loses momentum and pulls back to current levels.

S&P500 recorded an exceptional 1.88% move over the last 14 hours. Whether you follow trends or look for reversals, this move is hard to ignore.

EURUSD is heading toward the resistance line in a Channel Down pattern. If this move continues, the price of EURUSD could test 1.1901 within the next 21 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.

NAS100 has broken through a support line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 19 days, which suggests a possible target around 24923.1621 within the next 3 days.

LTCUSD is moving toward a resistance line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If LTCUSD continues on its current trajectory, it could reach 59.9073 within the next 2 days.