Welcome, big predatory traders. I think that the next week will be very aggressive, especially after the violent decline that occurred from the $2450 level. The price has also failed so far to break the $2320 level. The general trend for gold, as we all know, has been upward for a long time, and no matter how low the price falls, it is inevitably rising, but the...
Gold price analysis Expected scenario Gold price is testing the pivotal resistance level $2340.10, The price needs to remain below this level for the bearish corrective trend to remain in place, remembering that our next target is at $2272.06. On the other hand, it should be noted that breaching $2340.10 and holding above it will stop the negative scenario and...
Hello my friends, We notice that there is a strong buying momentum since the price touched 138.10, and now the price is trying to reach 142.60, and thus we expect to rise and breach this level to reach the next target 144.50. Provided that the price needs to break 142.60 first.
If the price managed to break 138.00, the next target will be 135.00 below the descending channel.
Gold price moved sideways for a period of two days, and this indicates the inability of buyers to raise the price more than 1886, but since the general trend is bullish, we expect a bounce again from the strongest support areas so that the price can surpass this area, and we suggest a decline now from these areas to the levels of 1850-1830 From there, we think...
GBPUSD price rushed upwards at the market opening to test a possible ceiling of the descending channel, and since the price is below the level of 1.2109 - 1.2080, the expected trend is downward to visit the level of 1.1915 - 1.1877, taking into account that any attempt to breach the level of 1.2110 may raise the price to test the level of 1.2226 The expected...
Gold price was unable to consolidate below the 1800.00 barrier, to trade positively and try to recover again, which encourages us to suggest the bullish bias for today, waiting for it to surpass 1824.50 to head towards 1850.00 as a next main target. Therefore, the bullish trend will be expected during the upcoming sessions, noting that breaking 1802.00 will stop...
Hello guys On this chart, I expect the price to rise after the market opens to the area of 1807 - 1810, which is exactly compatible with the 61% Fibonacci level. This area is the key to the future direction of the gold price. If this area is breached, the trend will be bullish to 1849 initially, provided stability is above 1810, with a confirmed breach of...
USDJPY, is moving in a descending channel, and we expect it to drop to 131.50 levels With caution, the current price 133.30 is a strong resistance, and if the price breaks it, the trend will be bullish to head towards 135.10. The expected trend for today: bearish
The price is in a descending channel, and we expect to complete the decline to 1.4760 first
Do not think to buy now, but the price needs to retest the 1.4980 level and from there we sell strongly
I still see that the upcoming trend is strongly bearish due to weak buying and the formation of equal tops in the same area, and certainly weak buying is evidence of a very strong selling coming.
EURAUD For sell, First target on the up trend line 1.4992 Buy From 1.4992 to 1.5110, And Try sell again to 1.4860
I think the price will go to 132.60 and 131.60 Area First
Gold hit a higher peak than the previous one. I expect the price to drop to retest first, then rise again
The price is moving in a downtrend and I expect the decline to continue in the coming period
The price is moving in an uptrend and I expect the bullish trend to continue for the coming period
The price is moving in a downtrend and I expect the bearish trend to continue for the next period