AndeWave

AndeWave

Hello! Let's look at the daily chart Prerequisites for the continuation of the fall: 1) Correction after false breakdown 2) Consolidation and price pushing up to the level of 1729.5 3) The key zone of order accumulation near the density of volumes 1707 4) New candlestick updates the low after yesterday's bullish close 5) The price is in a range, the movement is...

AndeWave

Hello friends, let's talk a little about gold, shall we? With you Natalia!) We see the formation of the pullback to the higher volume zone 1760, which can be the starting point to the support consisting of two key Fibonacci levels - 0.618 and 0.5 The key factor for the fall is a false-break or another type of resistance testing at 1760. In case of an impulsive...

AndeWave Updated 

Hello traders) I would like to share my view on the gold market) My name is Natalia) I want to draw your attention to the price pullback. The reason is the weakening of dollar index and softer view of the long positions from the side of investors Below the price is the key area. See the volume profile and the Fibonacci indicator. The 1721-1701 zone may help push...