REZAmhd

REZAmhd Updated 

This is a strong area for buyers, and since the divergence is seen in the 4-hour timeframe, there is a high possibility of an increase.

REZAmhd Updated 

Gold needs a correction after this heavy fall. We reached the psychic area of 1800 and a strong support area is for buyers. Here I buy 1840 and 1860.

REZAmhd Updated 

I open my sell position to the target of 1822 and 1810 and I believe that the Federal Reserve will have a hawkish tone.

REZAmhd

If gold maintains this area, it can rise towards 1835 and 1850

REZAmhd

Given the upcoming news and the Fed speech and the intense selling pressure and the daily structure of gold, I will sell gold highs.

REZAmhd

In the continuation of the analysis, it broke our support line. And due to the heavy pressure from the sellers, I expect to see the numbers 1810 and 1800. Good luck.

REZAmhd

This currency pair managed to break its support and we expect further decline

REZAmhd

This currency pair managed to break its support and we expect further decline

REZAmhd

Due to the intensity of high sales, we will probably see more gold fall again. Since we are on a strong support, this fall is a bit late. But selling pressure will not allow gold to grow much

REZAmhd

After consecutive sales, we reached a buyer's support again. I expect to grow between 200 and 500 pips from here.

REZAmhd

I believe that the CPI statistics will make the dollar stronger today. This incident will continue the downward trend of gold. The important point of support for buyers is 1830 to 1820

REZAmhd

According to the analysis, gold touched us at 1890. And now I expect that it can go down to 1845 by breaking the bottom of the channel.

REZAmhd

We have two scenarios for gold. Either it will go back down from this range and if it fails, we will have a climb up to 1900 and 1910.

REZAmhd

After hitting its support floor, gold was able to correct a bit and now it is in a triangle, which I think is more likely to break down.

REZAmhd

Oil is making the opposite cup pattern. After it goes up according to the blue line, we will get ready to sell to the target of 70 and 68

REZAmhd

Gold reached an important support zone after a heavy fall. But it was not supported enough and the formation of a district suffered. So we can see more fall.

REZAmhd

Gold has reached our ftr zone and I expect it to go up to the 1900 and 1910 target from here.

REZAmhd

If gold reaches our support floor again, we can witness one of the strongest selling patterns. As long as gold is below 1935, this analysis is valid.