This is the only thing I’m touching in the traditional markets. Major growth potential once ATH is broken
In early January, the price collapsed from position 1959.13. I noted on the chart similar crashes that occurred in September and November last year. Several lines formed at key points of price movement during those months. At the end of last week, the price bounced off the strong support zone 1830.09. The zone is formed by two lines. The eldest is in August last...
The Dollar continues to retreat on a mixture of broad risk factors and US specifics following confirmation that Treasury Secretary-in-wating Yellen favours bold fiscal stimulus and market forces when it comes to the Greenback’s value, while she also intimated that increased spending should not necessarily raise the tax burden for businesses extortionately (or...
Yesterday we talked about the fact that for the last week the price has been stuck in the zone between two lines and from this position the price movement can develop in two directions. An important expected moment in both cases is the breakdown of the resistance line 1873.32 or its absence. Today you can see that the price is following the first scenario, that...
Gold is about to make a move. Up above resistance to 1900+ or down below support to 1750. Wait for breakout before buying/selling
Après cette grosse phase baissière on revient sur la trend haussière pour faire un 3eme point de contact sur cette trend Par la suite on aussi un retour pour la 5eme fois sur une zone plusieurs fois support (1830) On peut tenter un achat qui ne garantie rien étant donner que nous sommes toujours dans cette phase de correction baissière qui dure depuis déjà...
Here is our technical view for GOLD. Our analysis is based on current market fundamental sentiment. According to our drawing GOLD reached a strong demand zone. Based on our stand point the price will go higher. Please, support our analysis with like and comment!
After the collapse at the beginning of the month, the price got into the support zone at 1844.59. Recently, gold dropped several positions below the support-resistance line. This is a strong line for 2019 and hasn't had any major breakdowns lately. + the support line 1827.09 is next to it (the upper channel line). The price bounced off her yesterday. I am...
Self explanatory. Gold price faces solid resistance at 1863.80, to trade with clear negativity and heads towards potential test to the key support 1838.10, and as long as the price is above this level, our bullish overview will remain valid for today, and the price needs to surpass the mentioned resistance to get strong positive motive that assists to push the...
Based on S/R levels, i expect that the Gold will go up. I am not taking this trade, I only want to see how it will go.
the price is heading towards the 0.382 fibonacci level , and it has gived a strong buying signal on the 5 min chart
The price consolidated in the support area at 1851.04. She came to this zone after the collapse last week. The zone consists of two lines (August and September 2020). The price dropped to the August line, then bounced and broke through the September line. I expect the price to move in several stages. 1. The price will continue to rise and break through the...
gold heading north XAUUSD LONG OPPORTUNITY GOLD HAS PROVIDE ULTIMATE BUYING opportunity , hitting the 0.618% and therefore it reflect and now heading to continue the m formation on the weekly time frame tp / sl are all set
Here is our technical outlook for GOLD. Our analysis is based on purely technical outlook. According to our chart GOLD is coiling on support cluster. Based on our stand point the market will accumulate to the next structure resistance. Please, leave a comment and support us with like.
As can be seen in my previous chart, (see linked chart below), I was not able to forsee the relivance between March 2020 and January 2021 in relation to the new varient of the covid19 virus, the following chart is an update on my previous chart with the new covid19 varient analysis added, should also say I do believe that the drop will further a sustained push...
After approaching a strong level quickly, we now see the gold price begin to stablisze and look to break up over the coming week. On the technical indicator side we can see a strong inverse head and shoulders pattern emerging. We are long in the pair. Good Luck