-Market Formation: After updating new historical highs, gold corrects twice to the 3000 level, which indicates consolidation of large volumes at this level, thus forming a descending triangle on the hourly chart, and the imbalance level at 2955-2960. It is likely that the growth goals of significant market participants have been achieved, and now there is a...
-Market Formation: After the strongest correction of 4%, since last December, the asset falls to the significant support level of 2830, and already after the news about the tightening of foreign trade policy in the United States, the gold price recovers its values and re-enters the range of the past uptrend, which causes the market to form a narrowing triangle on...
-Market Formation: After updating a new historical record at 2955, serious resistance was formed at this level, probably on the background of “cooling” of the general world conflicts the price will finally enter the consolidation stage. At the moment the price is moving within the ascending channel, but further movement is likely to occur within a wide...