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Market Analysis: Gold Hit Hard While WTI Crude Oil Rallies on Intensifying Iran Crisis

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Market Analysis: Gold Hit Hard While WTI Crude Oil Rallies on Intensifying Iran Crisis

Gold price extended losses below $4,500 before the bulls appeared. WTI Crude oil prices are rising and could climb further higher toward $105.00.

Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today

· Gold price failed to clear $5,000 and declined heavily against the US Dollar.

· There is a key bearish trend line forming with resistance at $4,525 on the hourly chart of gold at FXOpen.

· WTI Crude oil prices are moving higher above the $95.00 resistance zone.

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· There was a break above a connecting bearish trend line at $97.00 on the hourly chart of XTI/USD at FXOpen.

Gold Price Technical Analysis

On the hourly chart of Gold at FXOpen, the price failed to settle above $5,000 and reacted to the downside, as discussed in the previous analysis. The price traded below $4,800 and $4,650 to enter a bearish zone.

There was a sharp drop below $4,500. The price settled below the 50-hour simple moving average, and RSI dipped below 30. Finally, it tested the $4,320 zone. A low was formed at $4,319, and the price is now consolidating losses.

Immediate resistance on the upside is $4,420 or the 23.6% Fib retracement level of the downward move from the $4,734 swing high to the $4,319 low.

The first major hurdle sits at $4,525. There is also a key bearish trend line forming with resistance at $4,525 and the 50% Fib retracement. A close above $4,525 could initiate a recovery wave to $4,635. An upside break above $4,635 could send Gold price toward $4,735. Any more gains may perhaps set the pace for an increase toward $5,010.

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If there is no fresh increase, the price could continue to move down. Initial support on the downside is near the $4,320 level. The first key area of interest might be $4,300. If there is a downside break below $4,300, the price might decline further. In the stated case, the price might drop to $4,200.

WTI Crude Oil Price Technical Analysis

On the hourly chart of WTI Crude Oil at FXOpen, the price started a strong increase from $91.80 against the US Dollar. The price gained bullish momentum after it broke $95.00.

There was a sustained upward movement above $95.50 and $98.00. More importantly, there was a break above a connecting bearish trend line at $97.00. The bulls pushed the price above the 50-hour simple moving average, and the RSI climbed toward 60.

A high was formed near $99.42 before there was a minor pullback. The price declined below the 23.6% Fib retracement level of the upward move from the $91.77 swing low to the $99.42 high.

However, the bulls are active above $95.00. Immediate resistance is $99.40. If the price climbs further, it could face hurdles near $100.00. The next major stop for the bulls might be $102.00. Any more gain might send the price toward $105.00.

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Conversely, the price might correct gains and retest the 50-hour simple moving average at $95.60 and the 50% Fib retracement. The next area of interest on the WTI crude oil chart could be $94.70.

If there is a downside break, the price might decline to $91.80. Any more losses may perhaps open the doors for a move toward $85.00.

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This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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Crypto World

Sweden’s H100 to Buy Two Bitcoin Treasury Companies, Surpass 3,500 BTC

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Sweden's H100 to Buy Two Bitcoin Treasury Companies, Surpass 3,500 BTC

Sweden-listed health-tech and Bitcoin treasury company H100 Group has entered into a letter of intent (LOI) with the shareholders of privately-held Norwegian Bitcoin companies Moonshot and Never Say Die to acquire all shares of the target companies in exchange for newly issued H100 stock.

The proposed transaction would be completed with newly issued H100 shares and no cash consideration, a structure intended to preserve the sellers’ Bitcoin exposure while moving the assets into a larger listed vehicle, according to a Monday press release.

A definitive agreement is expected by April 22, with closing targeted after H100’s annual general meeting. H100’s public materials currently show inconsistent AGM dates: its investor-relations calendar lists April 21, while a March 12 company notice referred to an AGM on May 21.

If the deal goes ahead, it would make H100 the second-largest listed Bitcoin treasury company in Europe behind Germany’s Bitcoin Group, which holds 3,605 BTC. H100 currently holds 1,051 Bitcoin, while the target companies hold about 2,450 BTC, bringing H100’s total to 3,501 BTC (worth around $239.7 million at current prices) after the deal, the release states.

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H100 is the 44th largest Bitcoin treasury company worldwide. The deal would mean the company would rise to 27th in the rankings, above Cango Inc and France-based Capital B, according to Bitcointreasuries data.

The Norway deal follows H100’s completed acquisition of Switzerland-based Future Holdings AG.

Top Bitcoin treasury firms by total BTC holdings. Source: Bitcointreasuries.net

“Scale, credibility and access to capital markets are increasingly important in the Bitcoin space, and this transaction would significantly strengthen H100 in all these areas,” said Sander Andersen, chairman of H100.

The “challenging” market environment makes the acquisition a welcome opportunity that strengthens the company’s Bitcoin position in a capital-efficient manner, Andersen told Cointelegraph, pledging future BTC purchases.

Related: Bitcoin whales shift $100M+ as oil spike rattles markets

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Bitcoin treasury stocks remain under pressure

H100’s stock price has been declining. It fell by over 74% in the past nine months and over 26% year-to-date in 2026, Yahoo Finance data shows.

H100 stock price, all-time chart. Source: Yahoo Finance

The weakness mirrors broader pressure across Bitcoin treasury stocks as Bitcoin remains well below its October 2025 all-time high.

Related: Morgan Stanley files amended S-1 for MSBT Bitcoin ETF

European Bitcoin treasury companies are continuing to accumulate BTC. Earlier on Monday, treasury company Capital B announced the acquisition of 44 Bitcoin for 2.7 million euros ($3.1 million), topping 2,888 in total BTC holdings at an average cost basis of $106,662 per coin.

H100’s average cost basis is $114,615 per BTC, Bitcointreasuries data shows.

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