Gold & ETH 30-Min – Parallel Structures, Subtle Differences

przedwczoraj

Gold found support right at the 0.5 Fib 4096 $ and is now trading above yesterday’s close, a sign of renewed strength.
ETH, meanwhile, is retesting yesterday’s close as support but is now slipping slightly below it, showing early weakness after failing to sustain the bounce.

From a system perspective, both charts are aligned:
BB Center < SMA < Price < MLR, a constructive setup that still supports potential continuation, if price stabilizes above support.

However, Gold continues to show more strength, holding structure more cleanly and staying resilient above key short-term levels.

This parallel move between a risk asset (ETH) and a defensive one (Gold) suggests a market in transition: strength rotating, but not breaking.

Bias: Short-term neutral-to-bullish, Gold firm, ETH needs confirmation.

Always take profits and manage risk.
Interaction is welcomed.

wczoraj

Zlecenie aktywne

Gold & ETH 30-Min – Momentum Shift

Things have changed since earlier today.

Even though Gold was showing strength this morning, price has now slipped below yesterday’s close and the 0.5 Fib at 4,096$ a level attacked twice from below, each time pushing price lower and confirming short-term weakness.

Meanwhile, ETH has been holding steady, maintaining roughly the same range throughout the day and now showing more strength than Gold.

The upcoming daily close will likely reveal more about where these two assets are heading next, whether Gold can regain footing or ETH continues to take the lead.

Bias: Neutral for now, watching the daily close for confirmation.