Despite the short-term growth, gold has not yet been able to break the downtrend, which has been going on since August 2020. It is understandable that the world will slowly climb out of the pit of the crisis, investors have felt a little stability. The other day the price has risen to the price level of 1815.89. And now we can expect that it will fall again to the...
Despite a small breakdown in mid-February, the price continues to move in the small upward channel that was formed in January 2021. Yesterday it just turned around at support 83.26, but stopped short of resistance. Now we can expect the price to rise to resistance and fall to support at 83.53.
SL - 84.28.
Remember, there is no place for luck in trading - only...
The price continues to move in an uptrend that it started in February this year. Last week, it bounced off the border of the trend and the price level of 1.204, and then continued its growth, simultaneously breaking through several price levels. Now it is at position 1.216 and has been showing good growth since yesterday. I am inclined to believe that the price...
The price did not return to strong growth after the completion of the head and shoulders pattern. It still shows uneven movement with very strong spikes and falls. Once again, pushing away from the price level 0.891, the price reached the level of 0.900, fixed on it and began to fall again. Now, apparently, another correction is taking place after which a new fall...
The price collapsed from point 128.3. This is the third strong characteristic collapse over the past two months. After such a collapse, the price usually began to correct. This time, the price also started to rise, but the deals are not so big. Nevertheless, we can expect that it will touch the level 128.3 again, after which it will correct to the level 127.6
SL -...
The price has been following an uptrend since October last year. Within the trend, it moves with clear and strong alternations of growth and corrections, at the highs and lows of which price levels are formed. Now the price has just bounced off one of them. It is likely to rise to the 78.02 point and then return to the 76.50 level.
SL - 78.6.
Remember, there is...
Yes this is definitely not the most obvious Head and Shoulders in the world. And during the previous growth and during the formation of the "head", and now the second shoulder, the price behaves very sharply and makes strong corrections. However, we can still expect that after the completion of the growth within the framework of the formation of the second...
The pair has maintained a strong growth since November last year. The basis of this growth is corrections, which account for about 60 +% of the upward movement. Recently, the price just touched the high of 1.395 and pulled back to the level of 1.384, which just made up about 60% of the volume. So the next price move is a new growth after which a trend reversal is...
At the beginning of this year, the price returned to a downtrend. The main lines of this trend start from August (resistance) and March (support) 2020. Also noteworthy is the price level 1.532, where the price is now. There were frequent corrections from this level. Now the price will bounce off it and rise to the 1.544 line. After that, either it breaks the trend...
After a sharp rise to 1.287 at the end of January, the price reversed again in a bearish trend. Within this trend, as in a similar situation, zones of strong growth and fall alternate in January, so that the price as a whole evenly touches all the lines. Now the price is at the upper border of the trend at 1.269. Most likely, it will not break the sequence and...
The pair repeats the pattern it followed in December. First, there was a sharp jump in the rate from 0.760, then a long fall (last time it was almost two months) with corrections and pullbacks. Now there is another growth spurt and touching the level of 0.780. Further, the price will likely start to fall. It is too early to say whether it will fall again to the...
Last week, gold was quite unambiguous and moving predictably, but on Friday, having begun to fall, it suddenly stopped and is now in the process of multiple corrections, practically not moving from place. The price fixed at the price level of 1826.08 and again showed a fall from it. It is not clear until the end whether there will be another correction or the...
The chart shows the tendency of the price to move in waves. First growth, then correction and rollback, new growth, and so on. At the same time, the first two waves of growth turn out to be very small, rather acting as a correction themselves. But then the price makes a jump and works out a large amount of movement at once. Now the price is in the process of...
Since December last year, the price has been in a very strong uptrend with virtually no breakdown of trend lines. But last Friday there was a breakdown of the resistance of 145.5, after which the price continued to rise. This is a strong and sharp leap, so it is very likely that this growth will not last long. Moreover, the price resistance level is located nearby...
The price continues to show a very strong rally, which it started at the end of last week. It almost approached the level of 76.3, after which a fall can be expected. The price can break the level, but most likely the breakout will turn out to be false, since the level is quite strong and has many touches. But this cannot be ruled out. And yet a more likely...
Okay, the price did rise to the level of 1846.62 and then bounced back and reversed in another decline. But that's what we were hungry for, right? Therefore, we continue to expect a fall. Moreover, the price has already broken through the next level 1826.08. Now it goes down again and comes at least to the point 1792.48. But whether it can fall even lower, we will...
Well, the price really rose to the level of 1.215 after the trend reversal at the level of 1.196. And as it was said from this point of the beginning of the fall. Now the main question is how far the price will fall. I see two flaws in the situation. 1 - the price will work out a rollback in relation to growth and start a new rise from the level of 1.202.
2 - the...
The growing trend that has continued since December 2020 is coming to an end. The price rose due to strong growth spikes and corrections, pulling back the price by 50 +% - the final growth was obtained due to the difference between the jump and pullback. After a strong growth from the level of 1.364, the price came to the current maximum of 1.385. Following the...
