Gold continues to rally in a major downtrend as anticipated from the end of last week. The price bounced off the support level 1680.06, after which it rose to the correction line 1735.89, broke through it and continued to grow. Now we can expect that the price will touch the resistance at 1765.77 and only after that it will fall back to the support at 1680.06. SL...
The price came to the resistance 1734.50 - the line of correction, which formed in the middle of the global downtrend (Since August last year). Last time we expected the price to break through this zone and continue to rise. But you can see that she makes a small correction. There is a chance that the price will first fall and fix on the support line again. And...
My yesterday's forecast came true by half. Price really came to support. But it sank immediately before reaching resistance as expected. Now the price is at support 1786.46. This is the August 2020 line. I expect the price to rise from this line to the resistance (channel border). The target is 1826.40. -------------------- Share your opinion in the comments and...
Gold has worked out perfectly for my 10 forecasts in a row! First, the price touched the resistance line - August 2020. Then she fixed herself on the line with two touches. And yesterday it fell from the resistance line, having already brought us 250 p of profit! Now the price continues to fall and I extend my yesterday's forecast. Namely, I expect the price...
The last trading week brought us a very impressive profit, and all my predictions from the beginning of the week came true. Let me remind you - on February 1, we talked about the fact that the price will fall to a strong resistance zone and until Friday I extended this forecast. During the fall, the price broke through the strong resistance line, after which it...
The last two predictions came true just perfect, bringing us a total of 360 pips of profit in two days! But let's remember how the price has moved since the beginning of this week. After the price rose to the resistance zone it reversed and during the fall it was able to break through another resistance line formed in December 2020. After that, the price worked...
My previous predictions are coming true. First, the price bounced off the resistance level. She began to fall towards the support zone. Then the price broke through the 1843.73 zone and continued falling. As I said, the price is fixed in the zone. I am continuing my previous forecast + new target. After the price has broken through the resistance zone 1843.73 it...
So gold continues to move in line with my latest predictions. The movement unfolded in two stages: first there was an increase, then a fall began. First of all, the price bounced off the support level. Then it rose to the resistance line, which has existed on the chart since August 2020 and, having touched it, began to fall. During the fall, the price was...
We continue to monitor the movement of the Gold price. The price moves exactly along the targets that I mentioned in my previous forecasts. First the price came to the support level of 1835.39 and bounced off it. Then it corrected to the support line 1834.43 and continued to rise towards the resistance. As a result, having touched the resistance zone of...
We continue to monitor the movement of the Gold price. The price moves exactly along the targets that I mentioned in my previous forecasts. First the price came to the support level of 1835.39 and bounced off it. Then it corrected to the support line 1834.43 and continued to rise towards the resistance. As a result, having touched the resistance zone of...
Since November last year, the price has tried to form an ascending channel, but eventually broke through its upper line - the resistance line 1810.51 and left the channel and continued moving above it. However, in early January of this year, the price collapsed and returned to the channel once again breaking through the resistance line, but this time during the...
So, the price has come to a strong support line. The first step is to open a Growth trade. Up to the 1978 support line. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
GOLD has shown us growth for a long time and is now approaching the upper line of a strong channel - a strong resistance line. Where I expect to go down to the support line. This departure should not be expected today, this is a forecast for the longer term. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
After good growth, Gold lost ground a little and went a little down. However, I think that growth will continue until 1780. Further, a small correction and growth to the resistance line. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
A small update on gold. Gold showed good growth, now I am for a slight correction to the support line and further growth. The goal is the same - the line of resistance. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
As we mentioned yesterday 6954 was our entry target, i hope you guys were able to capitalize on that move. Moving forward the market is pushing higher with some momentum, if the market breaks today's high we will have some nice selling areas, the first place to take a look it will be 6989 which is a resistance level from previous structure, as well as the 61.8...