road map is clear, H&S pattern formed, target area 1880-1885 with sl 1828
after hitting support line gold made a sharp recovery and also formed a hammer in H4 TF, it signs for a bull run to intermediate channel line , target 1875-1880, support sustains at 1820
hammer on a rising trendline support signing for bullish move.
strong rising channel support, 1900 psychological level, target 1945
although its trading in a narrow street ahead of yearly closing but below 1868 target would be 1850 major support.
clear support level, declining trend-line is about to break.
price moving in a range, below rising trends line is target for next ride up, horizontal support and resistance levels are identified, short it below declining trend line
gold moving in upper channel, next touch to upper line will decide its next move, a sharp fall has occurred before, if price fall down then a clear H&S pattern would be formed.
gold has lost upward momentum, need support for upside journey
it needs a strong support level to cross 1900 psychological barrier, after hitting 1896 it tried to pass this level but failed so it must need some horizontal support area near 1870-1865 for next journey to 1910. press like to support my idea. thanks
price has broken inner declining channel, now will move upper channel resistance, trend is changed shortly
A big view since march 2020, once again gold moving in declining channel, it hit upper line and could not surpass it, started to decline stayed at strong support @1821. now it is forming H&S pattern, neckline is 1820 below it we will see 1790 in coming weeks. The support 1850 has become now strong resistance, hope price will touch 1848-1852 and will start to...
bearish wedge formed into a bearish channel, price failed to hold above declining trendline.
price is out of rising channel, a small bearish flag forming also. looking for downward 1856 level with SL 1880
A sharp bearish wedge is forming, target 1885-1872-1864-1835
A strong support found @1870 that will rebound it to 1900 level again