UnknownUnicorn15614419

UnknownUnicorn15614419

The price maintains an uptrend since October last year. The key to such a long and steady growth is a large number of corrections. After each strong rally, the price retraces about 70 +% of the previous growth. And it continues to grow from a new level. When analyzing, you can focus on price levels at which the extremes of growth and corrections fall. Now the...

UnknownUnicorn15614419

In November, the price broke through the price level of 1.196 and rose to the maximum level of 1.232. In the process of growth, periods of growth and decline noticeably alternated (strong movements with a large number of transactions). From the level of 1.232 at the beginning of the year, the price began to fall. And after exactly the same obvious collapses and...

UnknownUnicorn15614419 Updated 

First, the pair completed the "head and shoulders" pattern - it became a reversal for the fall, then the price worked out the growth as a correction. The price is again at the 0.892 position at the “neck” of the older pattern. If the price now breaks the line and continues to fall, it could be the largest drop since 2015. the second option (more likely for now) -...

UnknownUnicorn15614419

The price continues to move uncertainly between two price levels - 0.722 and 0.717, into the zone between which it entered at the end of January. It has been showing an upward trend over the last week. Also, this growth fits well with the movement within the growing channel (November 2020 - present). We can assume that the price will reach the upper border of the...

UnknownUnicorn15614419 Updated 

The price has reached one of the main trend lines of recent months - 0.772. This line combines price extremes into a channel that has existed since the first days of January. The price entered the channel by bouncing off the 0.760 level and reaching the 0.780 level. Within a month, it fell back to the start level and began a new growth. Therefore, it is likely...

UnknownUnicorn15614419 Updated 

Well, gold continues to rise and there is every reason to believe that it will continue to rise in the near future and be able to leave the descending channel. We are still focusing on the price levels formed by a similar channel that completed its formation in December. And now the price should break through the channel border of 1826.86 and rise to the price...

UnknownUnicorn15614419

After a strong jump in prices in December last year, the pair is moving in the zone between the two levels of 125.9 and 126.7. This is the main trend. However, the price regularly breaks through the level collapse. And at the peaks of these breakouts, two additional price levels formed, affecting the movement. Last week, the price just broke through the level of...

UnknownUnicorn15614419 Updated 

The price movement in the bullish trend has ended. The trend started in November last year and has been developing rather calmly. You will notice that its vertices form an arc, not straight lines. Within this Within arc, the price rose to its local maximum of 144.7. From this point, the price will reverse and begin to fall. We can expect the price to collapse by...

UnknownUnicorn15614419

The pair broke through one of the nearest price levels 75.0 and continued to grow. Now she has reached the next level 75.9. It combines price extremes from 2016. The main obstacle is now - will the price break through the level and continue to grow or will it go down to the previous level? I suppose that before falling it will continue to rise towards the 77.6...

UnknownUnicorn15614419 Updated 

Gold completed the fall in a small downtrend channel. Note that at the same time the price worked out the same price levels as in a similar fall in October-November 2020. Having reached the lower level of 1792.4, the price began to grow. It will consistently break through and consolidate at the level of 1811.5 (it reached it while I was making this forecast). In...

UnknownUnicorn15614419

The price literally repeated the path that it traveled from December to January, only now in the opposite direction. At the beginning of December, it started to grow from the level of 1.192, then it corrected at 1.207, after - 1.215. And as a result, at the beginning of January it reached a maximum of 1.232. Then it began to fall, fixing everything at the same...

UnknownUnicorn15614419 Updated 

The head and shoulders pattern worked just like a textbook. After the completion of the pattern, the price rose to one of the major price levels. Right now, it has reversed at the 0.904 level. There are two options for the development of events further. The first is the fall is only a correction and after the price touches 0.899 it will start a new rise. Second:...

UnknownUnicorn15614419

The main price movement for the last two months has been between the levels 126.7 and 125.0. At the same time, there were two false breakouts of the upper level, which formed another price zone 127.4, but so far we are not interested in it. Correction level 125.9 was formed within this interval. The price just reached it and started to rise. It will rise to the...

UnknownUnicorn15614419 Updated 

The price is still in a downtrend (see my previous forecast). It left the correction zone formed between two price levels, breaking through the level of 1.206. Between these levels, the price usually works out a correction, as it was, for example, in January. The price will go down to position 1.192, after which the correction will be worked out to level...

UnknownUnicorn15614419

The price moves between two crossing lines. The vibration frequency gradually decreases. This means that the price will leave the pattern in the near future. Wedge is a reversal pattern. after completion, the price should rise by the volume of the previous trend (up). We are waiting for the breakdown of the resistance line and buy to 0.891. For reassurance, you...

UnknownUnicorn15614419

For two months, the price was methodically growing, alternating periods of growth with periods of correction. At the highs and lows of the price, price levels have formed, which determine further movements. The price literally "walked" from level to level, but having reached the level of 1.359, it started a downward movement. It will break through this level, work...

UnknownUnicorn15614419

In early December, the price worked out a large volume during the growth. And in January it completed the growth, starting a fall in the channel. Several days ago the price touched the crossing of the price level and the lower border of the 0.971 channel. And from this support, growth began. It will continue to grow and come to the upper border of the 0.983...

UnknownUnicorn15614419

Gold is in the process of falling (see my previous forecast). The price levels we are targeting were formed based on the highs and lows of the price of the previous downtrend (October-December 2020). As you can see, the new descending channel (December -...) has already worked out some of these levels. The price is now dropping from 1859.94. And it will drop as a...