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...
The crypto market is once again under selling pressure after the recent US-China trade war tensions . Major cryptocurrencies are struggling to stay stable, and XRP is one of them. At the time of writing, XRP is trading around $2.32 , facing a tough battle between buyers and sellers. The market mood looks bearish, and traders are keeping a close eye on this critical level. XRP Chart (Source TradingView) XRP Technical Overview On the 4-hour chart , XRP is trading below the EMA50 , which shows that short-term momentum has turned negative. The $2.30 level is acting as a strong support zone , and price action around this area will decide XRP’s next big move. If XRP manages to hold above $2.30 , we could see a short-term recovery toward $2.45–$2.50 . However, if this support fails to hold, the next potential target could be near $1.95 , which represents a 14.92% decline from the current level. This lower zone might attract fresh buyers looking for a better entry point. RSI (Source ...