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Saturday, September 25, 2021

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Gold and Bitcoin: Price Levels for the Next Hours

We are going to review the price action and the volume of the considering the upward momentum that both assets have had in recent days.

In the case of gold, it must be taken into account that the price is returning to an important price level between 1,792,350 and 1,777,597. The latter may be a possible support in the next few hours.

In the case of, as we have pointed out this week, we are reaching $ 47,000. In daily and weekly charts, bitcoin is still bullish and that this is nothing more than a setback within the bullish momentum that has brought the last five weeks. It is important to note that on the weekly chart it is very likely that we will see a strong correction for the next few weeks, so if the bearish structure remains on the one-hour chart, we could be in the presence of that correction.

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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy / sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: [email protected] Phone: +1 513-209-1700

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