Yuriy_Kuznetsov

Yuriy_Kuznetsov

As all important supports were punched, it is possible to speak about an ultimate goal of falling for 1680. Earlier the price punched a trend line and now perhaps 2 scenarios down: 1) or return to a trend line (about 1805) and further the movement down to 1680; 2) or at once the movement to 1680. Level 1750-1754 is decisive. Information provided is only...

Yuriy_Kuznetsov Updated 

As I repeatedly spoke, gold did not stop to be adjusted up. The purposes remain the same 1890-1895 and 1920-1930. Yesterday the price tried to move through a trend line down, however the movement was not supported by market participants and the price was screwed for a trend line up. Information provided is only educational and should not be used to take action...

Yuriy_Kuznetsov Updated 

Earlier I pointed to the forthcoming falling from 125 to 110, it happened. Now there is a correction to this falling, but falling will be continued as the trend was developed. I expect continuation of falling from 118 (0.618 according to Fibonacci) to level 100 and further (if level is overcome) to 88. Information provided is only educational and should not be...

Yuriy_Kuznetsov Updated 

Correction is not ended up, the purposes designated by me in May, 1880-1885, 1890-1895. Technical indicators indicate a turn. The movement up up to 1930-1960 can become a result of this exhausting swimming. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

Technical indicators indicate corrections the need. I specially chose the purpose achievement by which perhaps with high probability. It does not mean that correction on it will end. On the week chart the price moves in the upward channel, that is the medium-term trend remains upward. TP = 76.42 Information provided is only educational and should not be used to...

Yuriy_Kuznetsov

My purposes on the correctional growth of gold remain invariable since May. Gold will dispel all doubts at traders soon. Act as the next purposes 1880-1883 and 1890-1895. Possibly on it growth will not terminate, but it will need to be looked on a situation. Now it is visible that MACD on the week chart is developed up about what I am not tired to repeat....

Yuriy_Kuznetsov Updated 

Exit from a triangle should be up. If you open MACD on the week chart, then will notice that the window for sales remains small. MACD is developed. Besides, if to look at correction according to Fibonacci on the day chart, then it is visible that correction is obviously not ended. Information provided is only educational and should not be used to take action in...

Yuriy_Kuznetsov Updated 

On the chart I designated the most probable scenario on the near future. Thus, using Fibonacci's stretching we receive level close to the top line of a downside channel on the day chart. However, the purposes of all corrective move are higher. Both scenarios assume further growth. Information provided is only educational and should not be used to take action in...

Yuriy_Kuznetsov Updated 

Those who waits for the beginning of falling needed to wait a little. Most likely the price draws a final diagonal triangle and after achievement of level 126 the complete trend reversal is possible. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

Yesterday in the idea I pointed that perhaps the impulse will begin of 1825 up (0.618 according to Fibonacci from the previous growth). Today the price reached this point, mood absolutely bear that is just necessary for a turn. When the majority looks down, the market is developed. The first purpose for growth 1890-1895. Information provided is only educational...

Yuriy_Kuznetsov

The schedule of gold is very similar to unfinished correction. Possibly the price executed two waves in correction (A and B). I consider that now the price is in a wave of C, having executed waves 1 and 2 impulses. The movement to 1825 is also possible (0.618 according to Fibonacci). However, further there will be growth to earlier me noted purpose 1890-1895. At...

Yuriy_Kuznetsov

Price of gold continues the correction begun in May about which I warned. And now correction is not ended. It is confirmed by technical indicators on the week chart which indicate a turn. The first purpose according to Fibonacci is level 1890-1895, but on the way to it resistance at the level of 1850 and 1880 where the top line of the channel on the day chart is...

Yuriy_Kuznetsov Updated 

Soon the following movement to earlier noted purposes 1880-1885; 1895. The small flag is perhaps formed. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

As you know, I speak about this correction since May. And the price continues the movement towards the top line of a downside channel on the day chart. Therefore I expect that in the nearest future level 1880-1885. However, on it correction should not will terminate as technical indicators on the week chart indicate a turn. Therefore I expect continuation of the...

Yuriy_Kuznetsov

Before gold was built resistance which needs to be overcome for continuation of the movement according to my previous ideas up: 1885; 1895; 1928. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

Technical indicators on the week chart are deployed up. It means that it is possible to expect more or less decent correction up. For a start to the level of the top line of the channel and further to long ago to Fibonacci's levels noted by me: 1895 and 1928. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

As I wrote earlier price of gold is in the extending triangle. In spite of the fact that this figure often is turning, I consider that in ours a case it is consolidation (possibly B wave in correction). If to look at the week or day schedule, then it is visible that the purposes according to Fibonacci are not executed. It is also possible to note that forming of a...

Yuriy_Kuznetsov

So, price of gold drew a figure the extending triangle. I expect breakdown it up. I consider that bulls should not worry as any of Fibonacci's levels is not executed. It is very probable that the movement will continue for a start to the top line of a downside channel on the day chart up soon. Fibonacci's purposes: 0.382 - 1895; 0.5 - 1928. Therefore I hold the...