Generally we had obvious downtrend, after all those bearish candles finally we had bullish week candle up to strong resistance that I marked on chart which means a correction for the downtrend and good area to set up a sell position.
Technically we can see the bounce back from 1.42560, we had spike bullish candle follow of that beside we break a strong resistance on 1.44690 and now I am expecting a pullback from here and in accordance with incoming volume we can expecting continuing uptrend.
Don't forget the money management.
comments your ideas below thank you(:
As I noticed in previous ideas about Gold including: lower DXY, new covid variant and inflation rate makes yellow metal be a safer investment nowadays both for future contracts and holders.as consequence of correlation between Gold and Silver and some technical factors that Im gonna mention follow, I see Silver in a bullish manner.
Silver is on 100days moving...
MOEX:XAUUSD_SPT despite to covid19 new variant it is proved that gold followed with a bullish movement in previous cases as traders in previous lockdowns see yellow metal as a safe investment and there are other factors that makes gold jump and see higher prices than before including: the inflation rate is concerned in accordance with feds announcement and as a...
MOEX:XAUUSD_SPT despite to covid19 new variant it is proved that gold followed with a bullish movement in previous cases as traders in previous lockdowns see yellow metal as a safe investment and there are other factors that makes gold jump and see higher prices than before including: the inflation rate is concerned in accordance with feds announcement and as a...
