Dxy is in the ascending channel in the monthly time frame Also, at the moment, it is almost close to the bottom of the channel As various indicators show oversold, I expect the price to bounce back from the area shown on the chart. Otherwise, with the channel floor breaking, I expect the price to drop to the specified range But even if the price continues to...
The price has been on the monthly resistance line for several months And it goes up and down in this range Although he managed to break the historical ceiling of the price of gold But it seems that the purchases are saturated, and gold does not have enough strength to continue the upward trend With technical review and also some indicators, I think the price...
The price was in the range for a long time And a symmetrical triangle pattern was formed The upper line of the triangle and MA200 in the weekly time frame broke and the price rose strongly But by reviewing the past chart, support and resistance lines and indicators; It seems that the area is Range and the price is not able to rise much easily I think the price...
As the slope of the upward trend increased, the price broke through the weekly resistance range And the ascending channel was formed Currently, the price is trying to correct the strong weekly resistance (support) range And it has formed a small descending channel in that range I expect the price to hit the bottom of the ascending channel. have one of the two...
in the monthly and weekly time frame; For weeks, the price is in the range area But the scope of this limited area could be very profitable for traders It seems that the price will soon leave the range and determine its direction My prediction is according to the pattern drawn in the chart However, it is difficult to determine the exact direction of the trend...
The price reached over 2500 Some people see this as a sign of rising Gold But just as there are signs to climb, signs can also be the reason for price reduction and correction In the 4H time frame, cup and handle pattern seems to have formed And given the break of the cup level, we expect the price to rise (at least as much as the depth of the cup) And it also...
In the weekly time frame; The price is the range And it is currently at the ceiling of this range area With the sharp decline that occurred on Friday, I expect a pullback to the ceiling and then a decline Also, in the daily and weekly time frame; Divergence and a tendency to decrease the price can be seen *Be profitable Thank you for expressing your opinion with...
The price is around the monthly resistance line And by crossing the weekly support line, there is a range around it On the other hand, it is located in the 4H descending channel Inside the 4H channel, a wedge pattern is formed According to charts and patterns, as well as some indicators; I expect the price to drop at the beginning of the week And then, as I...
In the daily time frame, LHs and LLs are formed And I expect LL And in the 4H time frame, a descending channel is formed And the price has formed two pinbar candles by hitting the bottom of the channel At the beginning of the week, I expect the price to rise to the ceiling of the channel And for the rest of the week, I have a price reduction * Be...
The price started to decrease when it hit the dynamic resistance Currently, it is deciding on the resistance of 2365.53 to continue the trend I expect the price to drop to at least 2332 And if 2311 breaks, I expect price to drop to 2293 and then after a correction, further down to 2268 Otherwise, after the pullback, the price will increase up to 2395 (which I...
I still think the head and shoulders are formed on the daily time frame And after the failure of the lower line of the right shoulder, pullback has happened And I expect to see a downward trend this week If 1.0723 breaks, I expect 1.0693, then 1.0644 and 1.0609 And otherwise, if it breaks 1.0830, it is an upward move (which I consider weak). Monthly time frame: -...
According to the analysis of 6 Apr, We had the head and shoulders pattern And also the triangle pattern Both patterns were completed And with the break of lower support in the triangle pattern, and also breaking the neckline in the head and shoulders pattern, We expected a pullback In my opinion, Polbek is almost complete and also by changing the dynamic...
As I expected, the head and shoulders pattern formed And the right shoulder is almost complete With the formation of the right shoulder, we had the pullback But it seems that the price will be in the range for a while in less than daily time frames And I expect the bearish trend to continue after this pullback However, after the support break in this pattern, we...
Given the formation of the cup and handle pattern, we expected an upswing In the monthly time frame: - Although bullish candles are strong, *** - The wedge pattern is formed, and the upper level of this wedge in the current trend is 2341 - Divergence is seen in MACD - RSI; Above 70 - Stoch RSI close to 100 Weekly and daily time frame: - Strong bullish...
Hello friends Contrary to the predictions of economic sites, the dollar rose strongly on Friday, causing the euro to fall However, in the previous analysis, I had announced that the price will remain in the range for some time According to price action analysis (which I strongly believe in), and some indicators, it seems that the price is still trending lower. I...
I expect the price to hit resistance and support once again in the formed triangle And then the direction of movement is determined by breaking the ceiling or bottom of the triangle be profitable Thank you for expressing your opinion with likes and comments
Hello friends By checking the chart in: Monthly time frame: - Close to strong resistance - Stoch RSI; Nearly 100 - MACD; bullish and has not yet shown a signal of decline Weekly time frame: - Bearish candle with long shadow at the bottom - Stoch RSI; Close to 100, and tend to decrease - RSI; Close to 100, and tend to decrease - MACD; bullish and has not yet...
Hello friends For some time, the price has been playing in the range between the support of 2010 and the resistance of 2066 And now it seems to be bullish by forming a symmetrical triangle and then breaking it But after checking the price action and some indicators, I don't expect a rise above the resistance level of 2075 this week. And I think it will hit the...