GOLD is coiling on support cluster. Based on our technical analysis the market will go higher to the next resistance. Please, support our analysis with like and comment!
Hello Traders TP hit on the monthly target as I told you over and over on my analysis. Cheers to you all. What can we expect now? I do expect right now some pushes to the upside and afterwards a deeper Retracement. We can see the price moving to lower to the 0.5 Fib Level taken on the monthly timeframe. But for now I want to see a push to the upside in order...
And a few more come true forecasts for gold. The price goes exactly on the targets that I predict. At first, it worked out a buy signal by coming to the resistance line. Then it began to fall to the support line. Last time I spoke about the fact that having come to a strong support zone, the price will be able to push off and grow. And now it has already...
Hello traders get ready to trading to the upside as a retest the resistance . Please make sure you are seeing patterns , not what you want to see. If gold goes go up , gold candle will probably fill those gap above before continuing down to the downside. Trade safe. Thanks for reading!
Gold tested multitimes the resistent in a downtrend with an trendline. The move is to break the trend line and go again high
Expecting gold to hit TP before we analyse the chart for new opportunities
This is the question. As I told you in the last post we want to see Gold moving lower from all timeframes but we still got Support! Monthly: From a monthly perspective we want to see the market moving more to the downside. Target around 1800-18300. Why? Because this is the Fib Level Target. The market created a huge impulsive move to the upside but we did not...
I continue to watch the price of Gold: it has just passed another stage of the goal, which I have been talking about in recent weeks. Remember, first After the breakdown of the support line, the price began to rise. Then, during the growth, the price rose to a strong resistance line and began to fall (I said that it would break through the support line). And...
Gold I see ready for a nice drop to the downside. WHY? Monthly: From a monthly perspective we want to see the market moving more to the downside. Target around 1800-18300. Why? Because this is the Fib Level Target. The market created a huge impulsive move to the upside but we did not see a proper Retracement. We want to see it at least till the 0.382 or even...
Also firmer vs their US counterpart, with the Euro probing 1.1850 and untethered by option expiries... Elsewhere, the Pound straddles 1.3200 ahead of the next round of Brexit trade talks as EU diplomats note progress in drafting a legal text, but still no mutually acceptable solutions on the key sticking points (fisheries, governance and level playing field) and...
On Gold we can identify a big Correction Channel. The price is right now correcting the big monthly impulsive Wave. Target is around 1800. Afterwards I do expect a big move to the upside. The price is right now at a level of structure. Also it is previous Demand now turned Supply Zone. We can expect a nice push to the downside from this level. First target is the...
My last analysis shows a potential long up to 1920 (1904 > 1883 > 1920, so potentially three different trades). Lets see! Cheers :D
A sustained move over $1889.70 will indicate the presence of strong buyers coming into the market. This could spike prices into $1907.10. This is a potential trigger point for an acceleration to the upside with the next major target a resistance cluster at $1966.10 – $1970.10. Upside movements are highly anticipated.
Aside from all the deviations noted above, G10 currencies remain relatively rangebound and pretty much epitomised by the Dollar index holding within a narrow 93.007-92.767 band within wtd extremes (93.210-92.129), albeit easing amidst an upturn in broad risk sentiment. Indeed, the Euro and Loonie are gradually firming up as the Greenback slips to retest...
At the beginning of this week, the price collapsed very much and came to a strong support zone, Two support lines intersect here. One of which appeared on the chart a long time ago - back in 2019. The second line is slightly younger - in the summer of 2020. However, together they provided good support for the price to bounce off and stop the fall. Now we can...
Fundamental: On the last analysis we can see that the market failed to break the Resistance Level. Instead of the break, the market started a big move to the downside. This happened because we had news about Corona vaccine. This is bad for the Gold Price because people are investing their money in Gold in crisis. A vaccine for corona are good news. Therefore this...
it,s ab=cd pattern!!!!!!!!!!!!!!!!!!!! What do you think? is it right? and we will see this price of Gold? happen or not???? it,s appocaliptica