Since November last year, the price has tried to form an ascending channel, but eventually broke through its upper line - the resistance line 1810.51 and left the channel and continued moving above it.
However, in early January of this year, the price collapsed and returned to the channel once again breaking through the resistance line, but this time during the...
Gold has worked out perfectly for my 10 forecasts in a row!
First, the price touched the resistance line - August 2020.
Then she fixed herself on the line with two touches.
And yesterday it fell from...
The last two predictions came true just perfect, bringing us a total of 360 pips of profit in two days! But let's remember how the price has moved since the beginning of this week.
After the price rose to the resistance zone it reversed and during the fall it was able to break through another resistance line formed in December...
So gold continues to move in line with my latest predictions. The movement unfolded in two stages: first there was an increase, then a fall began.
First of all, the price bounced off the support level.
Then it rose to the resistance line, which has existed on the chart...
We continue to monitor the movement of the Gold price. The price moves exactly along the targets that I mentioned in my previous forecasts. First the price came to the support level of 1835.39 and bounced off it.
Then it corrected to the support line 1834.43 and...
With last week rejection on XAUUSD at the extreme optimism, any further rejection at this level will ultimately inviting more bears to send the metal to its mean or begins a downward movement...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
