othmaneElhachlaf

othmaneElhachlaf

$JUVE

othmaneElhachlaf

$RR we can see the market now is in the support area, and from the last pendamic of COVID19 market still down but step by step he is going Up SO LETS SEE THE NEXT WEEKS IF THE MARKET WILL GO UP !!! :)

othmaneElhachlaf

The gold will back to the 1400 level then he can go Up , Lets watch the next months... :)

othmaneElhachlaf

we leave the same senario from the last years. Each Resistance return a Support but we can back to the support line to test then go to the resistance... Lets see if the senario is true :)

othmaneElhachlaf

Very likely to have the same senario of the past ,like we can see on the chart the resistances comes back supports and we have same case for the moment also in RSI we are in the support area and divergence. So Lets see if the chart have right or not :)

othmaneElhachlaf

Very Intersting to BUY this Market...

othmaneElhachlaf

after the trading range and trying to cross resistance line more times, the market succeeded to cut the resistance line and going UP. and now high probability to market stay going Up like Pitchfork indicator show us

othmaneElhachlaf

Like what we see on the Graph and " BEARISH BAT HARMONIC PATTEN " confirm : High probability the market of gold will be interested to SELL for next Weeks...

othmaneElhachlaf

Like what we see on the graphe, the market do a PullBack exactlly on the support so hight probably the Goal it will be the resistance line for next months.

othmaneElhachlaf

Market of gold will try to going up to the resistance line again, let's see this week...

othmaneElhachlaf

this Market not for sell this period , he can back to the support line for pullBack then goingUp ( strong support line not easy to cross it )

othmaneElhachlaf

like what we see pullback exactly at line 38,2% of fibonacci so if he cant cross this level higt probability to going Up Dont think to sell this market for this moment

othmaneElhachlaf

after the first failure try to get to 78.6% of fibonacci line now it is very likely to come back to 50% of fibonacci line to have more strength

othmaneElhachlaf

After the first failed attempt to cross the support line, the market is about to try to cut the support line again

othmaneElhachlaf

After lot of pullback's and fake breakout to cross the support line we can said we have strong support so high probability to going up and the goal it will be resistance line

othmaneElhachlaf

Indice1 (candlestick) and indice2 (volum) confirm very likely to do another pullback and at this moment we should see if he will cross the support line or going up

othmaneElhachlaf

After the faild test to cut ressitance line and the strong volum in upward trend = high probability to going down again

othmaneElhachlaf

The second pullBack try again to cut 78.6% fibonacci line so if he succed so the goal it will be 61.8% of fibonacci line else (don't succed) the goal it will be 100% of fibonacci line