The support line marks the point where demand takes precedence over supply and prices will not decrease below that support line. The reverse holds true for a resistance line. Prices often break through support and resistance lines. A breakthrough a resistance line shows that the buyers have won out over the sellers. Support' and 'resistance' are terms for two...
The support line marks the point where demand takes precedence over supply and prices will not decrease below that support line. The reverse holds true for a resistance line. Prices often break through support and resistance lines. A breakthrough a resistance line shows that the buyers have won out over the sellers. Open price 2340 When the price moves up and...
Resistance is the opposite of support. Prices move up because there is more demand than supply. As the prices move higher, there will come a point when selling will overwhelm the desire to buy. This happens for a variety of reasons. It could be that traders have determined that prices are too high or have met their target. It could be the reluctance of buyers to...
Resistance lines are technical indication tools used by equity analysts and investors to determine the price trend of a specific stock. They are very useful in predicting the probable movement of stock prices and helping people invest in the right stock. Resistance lines are usually drawn on a high-to-low basis. You can take the short position from here now Open...
At present, the price has rebounded to around 2325 and encountered resistance, and will continue the downward trend. Price: Open: 2315 Lats: price 2340 Friends Confirm daliy Confiram analysis Support me and follow me
At present, gold has entered a downward trend in the short term. The candle line has fallen below the 200-day moving average, and the 20-day moving average has crossed below the 50-day moving average to form a dead cross. The price is expected to fall into the 2300-2319 range next, and can be sold after rebounding to the 2340-2350 range.
support and resistance are terms for two respective levels on a price chart that appear. to limit the markets range of movement. the support level is where the price regularly stops falling and bounces back up while the resistance level is where the price normally stops rising and dips back dwon. first price open 2355 frinds support me and follow up thanks
we have these analysis of this week as thare are many chances of brining down the market this week. price open 2390. target 2340. confiram chance. please support me and follow me
with the lranian on israel this night gold may open with A gap up before the market closed the price already reached a significant intraday demand zone besed on a suppotr line of an expanding wedge pattern and a horizontal support. the closest resistance can be 2395. please support my work with like thanks please follow me
Zoya. Daliy Bullish Confiramtoin on gold sport usd Pair : xauusd Entry : 23 now 2390 12.00 utc price : 2390 -2393 TP : 23 Now 2355 – 23.00 UTC time price : 2370 Enjoy the Trade If you like it then follow
Here the price has broken the neckline, but it does not mean that we will buy here; if the price keeps moving below the previous high, the pattern may fail. If we want to make a proper entry here, we will have to wait for the last high to break
we call this pattern the symmetrical continuation triangle in this type of pattern we shold look for buing opportunities sometimes these patterns also fail but whenever we see such a pattern we have to go to the buying side. now we have to wait for the break of the neckline buy forming a neckline in such a pattren when the price breaks its previous high,then we...