Since March 2020, the price has been moving in an uptrend. And in April 2021 it touched the resistance line 153.19. Another senior line runs right there - formed in July 2007! From this strong resistance, the price began to fall. During the fall, the price has already made several corrections and it can be expected that it will fix on the resistance line 152.67,...
Elements of the chart that are important to pay attention to: - trend line resistance from August 2020 - historically strong level 1760.82. - breakdown of the resistance zone 1773.24. After the breakout of the level and the turn line, the price began to fall. We can expect a new robust at 1760.82 and a fall in the trend to support 1683.23. Remember, there is no...
Elements of the chart that are important to pay attention to: - bullish trend from point 1.172 (March - April 2021) - support level 1.196. - resistance level 1.219. The price has been rising since March. During the rally, it was able to break through the previous downtrend at point 1.193. Now we can expect a rise to the resistance of 1.219 and a reversal to the...
The movement of gold continues to be unstable - with frequent small corrections. The price dropped beyond the border of the growing channel 1777.83. Then it pushed off the level of 1764.54 and rose again. It can be expected that it will return to the channel, grow to the resistance level of 1811.51, and then fall again to support 1764.54. Remember, there is no...
Over the past day, the price fell and was able to break through not only the small trend line (since March of this year) 1774.55. But also the senior line of August 2020 and the resistance level of 1765.77. This may still turn out to be a correction to growth, but even in this case, right now, we can expect that the fall will continue to the zone of...
Last week, the price was able to break through the resistance line 1.253, but instead of consolidating and starting to grow, it fell again and returned to the downtrend. The price has been following this trend since May 2020. There are also smaller downtrends within it, each of which is formed after the price touches a resistance line. Therefore, even now we can...
Following the completion of the rising wedge pattern in January of this year, the price rallied by the volume of the trend preceding the pattern. And it broke through the level 86.59. Since the beginning of March, the price has been moving between this level and the 2019 resistance line. And last week she pushed off the level again. We can expect that the price...
After the completion of the falling wedge pattern, the price broke through the border - the support line at 0.762 and started to grow. But it stopped at the resistance zone 0.780. The price fell from this zone, unable to break through it, but jumped again and touched the zone for the second time. You can already see how the price reversed again and I expect a fall...
The price is still rising in a small uptrend. During this trend, it broke through the falling channel line (January 2021) 1.193. Anchored on the support of the global growing channel (April 2020) 1.194 and continued to grow. During the rally, the price also made a slight correction. Now it can be expected that the price will rise a little more and stop at the...
The rise in gold ended at the resistance line of 1785.49. This is the August 2020 resistance trend line. Its only breakdown occurred in early 2021 during the riots in the Capitol. The last period of price growth (from support 1677.45 - correction within the main downtrend. Therefore, now we can expect a new fall to support 1690.19. Remember, there is no place for...
After the growth from the support trend line at 1.170 and the breakdown of the support trend line (at that moment of resistance) at 1.187, the price was able to stop at the resistance level of 1.207. However, she still hasn't started to fall. During this week, the price made several corrections to the level and is now near it again. We can expect that after such a...
The price has been trending since May 2020. Additional support and resistance lines are also formed inside the turn. Having completed the growth from one of these lines (from February to March 2021), the price bounced off the support at 128.216 and came to the level of resistance at 130.48. The level and trend support intersect and the price is ready to leave the...
The forecast for the fall, which we expect from the beginning of the week, continues. Yesterday the price touched resistance at 1.206 and really started to fall, but eventually corrected and is now on the line again. You can take this correction as a good consolidation at the resistance before a strong fall. Now we can expect that after the correction the price...
The price continues to rise since the moment it settled at the support level of 1677.63 at the end of March. After that, it was able to grow, break through the level of 1764.54. After the breakdown of the level, the price worked out the rollback and fixed on it. Next can now assume that instead of a rapid fall, we are still expecting a slight rise to the...
After the breakdown of the downward turn that existed since January 2021, the price fixed on the main support line at 1.194 and rose to the local resistance of 1.206. Then she pushed off the line and began to fall. We can expect that the price will at least return to the support of 1.195. But it will also be able to break it and fall to the support line of the...
In February of this year, the price bounced off the local resistance line of 84.62 and fell to the historically strong support level of 74.92. After that, the rising wedge pattern began to grow. After leaving the pattern, the price increased by the volume of the collapse. Pushed off the resistance in 2019 again, fixed on it at point 88.17. And now it falls. It can...
Having bounced off the support zone 1677.82 for the second time at the end of March, the price showed strong growth. During this growth, it was able to break through the support line at 1734.58 and come to the resistance zone at 1765.77. In this zone, the resistance level and the line of August 2020 intersect. Now we can expect that from this zone the price will...
After the price broke through the downtrend at point 1.187, it left the channel, which has persisted since the beginning of 2021. During the growth from the support line, the price reached the resistance level of 1.207 and now we can expect that it will reverse after touching this level. And then it will fall and plunge to the 1.195 support level. Remember, there...