mohamadrezaKhorsand

mohamadrezaKhorsand Updated 

Gold is still declining due to the strengthening of the dollar. The price of gold is approaching the support level of 1720. The gold chart could not create a new ceiling compared to the previous one after a sudden climb last night. If we want to find the confirmed uptrend in gold, it must be able to reach above 1734, otherwise the downtrend will continue. In this...

mohamadrezaKhorsand Updated 

European Central Bank Governor Lagarde's speech last night failed to help strengthen the euro against the dollar. This downward trend continued. If the price chart can reach a peak above the previous peak, the downtrend may end. Otherwise, the downtrend will continue until the red support levels are reached

mohamadrezaKhorsand Updated 

Gold is in a downward channel marked with green for 4 hours. Over a period of 1 hour, a rectangular shape is created that shows a short and weak uptrend. In a 15-minute period, a triangular pattern is formed, with the current price of 1739 a step lower than the previous one, which marks the end of the short-term uptrend. If gold creates a ceiling higher than...

mohamadrezaKhorsand Updated 

In the gold chart, at intervals of 1 and 4 hours, a downtrend is formed that forms a triangle. The market is probably waiting for Mr. Powell's speech to determine the direction of the market. When we look at the market for 15 minutes, we see that a triangular pattern has formed. The upper side of this triangle creates a resistance angle of 0 degrees. The first...

mohamadrezaKhorsand Updated 

In the short term, there is an uptrend that is resisting at 1.27. In the 1 hour time frame, there is a downward trend that started on September 20 and this trend continues due to the formation of successive H and L. The downtrend will continue unless the price can cross the resistance level of 1.273. Data on Canada's PMI and GDP will be released on Friday. This...

mohamadrezaKhorsand

In the idea of the euro, it was said that the dollar was in a good position and that it owed it to the speech of the members of the Federal Reserve. But this is not the case in Australia. And last week the Bank of Australia announced that it did not intend to raise interest rates until 2024. On Monday, when the United States is closed, we will probably see the...

mohamadrezaKhorsand

In recent days, positive dollar news was released by the Federal Reserve, which was a positive signal for the growth of the dollar. Over the past week, the EUR / USD chart has tried several times to break the 1.175 price ceiling, but failed. This chart is in a downtrend. However, if it can break the 1.175 ceiling, it can be said that the market is bullish. At the...

mohamadrezaKhorsand Updated 

Gold is in a 4-hour chart inside a strong bearish channel. In the lower chart, it is inside a descending channel, which must reach a price of at least 1770 to reach the ceiling of the channel. According to US news, the Federal Reserve and their decision on bonds and interest rates, the dollar is unlikely to fall this week. The idea of most traders is a long...

mohamadrezaKhorsand Updated 

After the recent fall in the price of bitcoin, the best opportunity has come to increase the number of your bitcoins. Once the price of Bitcoin returns to 50,000, 60,000, 100,000 or 200,000 dollars, you will enjoy. It is better to work as a spot. This is an offer and you are responsible for the loss!

mohamadrezaKhorsand Updated 

The euro is in a downtrend that hit a two-day low on Monday. There is an FOMC meeting tonight and we will probably have a dollar pump after this meeting. We also had a dump, after which a rectangular pattern was formed, and since the long-term trend is downward, the probability of reaching the bottom of the channel is high.

mohamadrezaKhorsand

A fake failure is observed in the viewing chart The market is expected to decline. We must also pay special attention to the FOMC session. We will probably face a severe gold dump.

mohamadrezaKhorsand Updated 

In this post, we will analyze the principles and features of the AUD / USD currency pair and identify the points and signs of buying and selling. Basics Minutes of the Australian Monetary Policy Meeting were held at 6 am Iranian time today. The following is a summary of this meeting. The meeting discussed the slowdown in Australia's economic growth compared to...

mohamadrezaKhorsand

In the name of God Hi The current price is in the range ( blue BUY ZONE ). Several modes can be considered: 1- The price should move upwards and towards ( SELL ZONE ) after a pullback. ----- LONG 2- The price should move upwards and then downwards after a pullback. Simply put, a volatile market. 3- The price should move downwards and towards ( purple BUY ZONE...