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Itai Levitan

Itai Levitan

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Technical Analysis
gold
Technical Analysis

Gold futures is playing with fire with this key support 🧐

  • Warning for traders: 👀 Watch the closing price relative to (2635-2636). If gold closes below this level today, it’s a strong bearish signal, suggesting that the support zone is failing to hold. This breakdown could indicate growing downside risk, and traders should prepare for potential further declines if this key support doesn’t hold up. Trade gold at your own risk.
Itai Levitan
11/11/2024 | 16:39 GMT
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Itai Levitan
11/11/2024 | 16:39 GMT
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Technical Analysis
Opinion - sell Amazon stock at 217 USD, or close
Technical Analysis

Is Amazon stock a buy or sell?

  • Amazon’s stock might hit $217 soon—a potential sell signal for medium-term investors, but remember, proceed at your own risk; just my take.
Itai Levitan
11/11/2024 | 10:58 GMT
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Itai Levitan
11/11/2024 | 10:58 GMT
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Technical Analysis
Silver futures forecast: A 17% drop bearish move potential.
Technical Analysis

Silver futures prediction: Potential 17% drop ahead. Warning to Silver Longs ⚠️

  • Opinion: Silver futures now at apx $31.50 faces a possible 17% drop, to $27 or lower, to key support (it will take some time but that is my silver futures price forecast). Bearish setup signals downside pressure for silver futures, ETFs, and XAG/USD traders. Trade silver at your own risk only.
Itai Levitan
08/11/2024 | 08:29 GMT
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Itai Levitan
08/11/2024 | 08:29 GMT
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Technical Analysis
SPX simple technical analysis on the daily chart
Technical Analysis

What to watch out for next in the stock market

  • I look at SPX as it broke this red resistance line, which might later be retested, as investors and traders are thinking if the famous exchange-traded fund that tracks the performance of the S&P 500 index, will reach the lucrative round number 6000. Algos and traders might be ready close to there.
Itai Levitan
07/11/2024 | 15:30 GMT
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Itai Levitan
07/11/2024 | 15:30 GMT
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Technical Analysis
AMD stock logo cut like my rating for the stock
Technical Analysis

Is AMD stock a buy or sell?

  • Stock to sell... My opinion is that AMD stock is headed to $125, apx 13% downside from here
Itai Levitan
06/11/2024 | 16:51 GMT
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Itai Levitan
06/11/2024 | 16:51 GMT
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