Bitcoin (BTC) is currently trading around $103,150 , attempting to push above the 50-period Exponential Moving Average (EMA50) on the 4-hour chart . BTC Chart (Source TradingView) However, this EMA continues to act as a dynamic resistance level, capping any meaningful upward momentum for now. The battle around this zone reflects the ongoing tug-of-war between bulls trying to regain control and bears looking to maintain selling pressure. From a technical perspective, the Relative Strength Index (RSI) on the 4-hour timeframe remains in a neutral zone , suggesting that neither buying nor selling pressure is dominant at the moment. Meanwhile, the MACD indicator is beginning to form a positive crossover , hinting at a potential shift in short-term momentum toward the upside. If the bullish signal on the MACD gains strength, we could see renewed buying interest pushing prices higher in the coming sessions. The immediate challenge for Bitcoin lies at the $107,500 resistance level , ...
Gold (XAU/USD) is showing signs of recovery after a recent dip, currently trading around $4,010 . Gold chart (Source TradingView) The metal is attempting to move above the 50-period Exponential Moving Average (EMA50) on the 4-hour chart — a key short-term technical level that often signals the next trend direction. A successful close above this level could open the door for stronger upward momentum in the coming sessions. The immediate resistance for Gold stands at $4,030 , a level that has capped price gains several times in recent days. If buyers manage to push the price above this barrier and sustain it, we could see a quick move toward $4,050 , followed by a possible attempt to reclaim the $4,100 mark. This would mark a clear shift in sentiment from neutral to bullish, suggesting renewed strength in the precious metal. On the downside, if Gold fails to break above $4,030 , the price may face a short-term correction toward $4,000 . This level is acting as an important suppo...