J.J. Edwards’ Expert Market Analysis at FenzoFx

[FxNews]

Gold Holds Ground as Bulls Eye $3,410 Volume Zone​

FenzoFx—Gold built support at $3,337.2 in today's trading session. However, the uptrend is capped, and the price remained below the Bearish Fair Value Gap.

From a technical standpoint, XAU/USD outlook remains bullish above $3,337.2. In this scenario, the target is likely to be the next high volume area, which stands tall at $3,410.0.

Please note that the bullish outlook should be invalidated if Gold closes and stabilizes below the $3,337.2 support.

 

[FxNews]

Litecoin Encounters Resistance After Sharp Rally​

FenzoFx—Litecoin climbed from $82.4 and is testing the bearish fair value gap at $90.4. With Stochastic showing short-term overbought conditions at 87.0, consolidation is expected.

LTC may retest $89.0 and then dip toward support at $86.9, which aligns with a volume point of interest. The bullish view holds above $82.4; below it, the outlook weakens.

 

[FxNews]

Short-Term Overpricing Signals Oil Consolidation​

FenzoFx—Crude Oil is retesting broken resistance at $67.5. The primary trend is bullish but a pullback into the Bullish Fair Value Gap may offer a low-risk entry before the uptrend resumes.