After exiting the channel, the impulse, as such, did not follow, which means there are things that prevent this, the price was brought back under the trend support level and gold is consolidating at the moment.
I expect a fall after consolidation to strong support formed back in May 2020. Price - 1765
❗️24/25 last GOLD ideas come TRUE ❗️
✅GOLD №1 ✅GOLD...
Last week, the currency pair tested a strong support level , which had not previously been broken through, formed from the peak of March 2020.
I suppose that the instrument will roll back from the level, with a possible trend change, but will there be a false breakout before that?
The key target that interests me is the resistance at 1.235
❗️12 / 13 last...
The price on the retest broke through the support level and is now rolling back to it, without continuing to move. Since the forex market is in its own way a range, I expect a false breakout, a return behind the level and growth to resistance. Target - 131.13
My past forecasts on EURJPY👩💻
Gold is bought back and the price is restored by breaking through the trend resistance level .
Ahead is the border of the ascending price channel , from which I expect a rollback to the support level .
❗️18/19 last GOLD ideas come TRUE ❗️
✅GOLD №1 ✅GOLD №11
✅GOLD №2 ✅GOLD №12
✅GOLD №3 ✅GOLD №13
✅GOLD №4 ✅GOLD №14
✅GOLD №5 ✅GOLD №15
The currency pair is trading in the support zone of the price channel .
The trend support is strong enough, the last three tests were rejected by the rebound.
Now, on retest, the price rolls back to the nearest resistance, upon breakdown of which and consolidation above this level of 1.1842, it activates purchases.
The key point to which the price can reach,...
Gold is consolidating at the resistance level , the price is not allowed to go down or up, there are occasional infusions of volumes.
A place where there is a strong struggle between sellers and buyers.
Since the trend is downtrend, I am waiting for a false breakout and a fall in the price to the level of 1765
❗️17/18 last GOLD ideas come TRUE...
The instrument has reached a strong support level .
The last time the level was tested in the first quarter of this year, it will be quite difficult to break through it just like that, so I'm waiting for the level to be worked out in the form of a false breakout or rebound and a rollback, or a change in the local trend to a bullish one.
9 / 10 last...
Gold is trading above the upper savings line, but under a strong trend resistance level , a rather difficult zone and market participants cannot make up their minds among themselves.
A false breakdown of the upper border is possible and, under the pressure of the trend, a further fall, with a greater probability
I expect this, namely, a fall to support...
The instrument has practically worked out the support,
the moments when it does not reach the level and turns around should not be traded,
most often it is a cheat from the market maker,
it will collect the necessary position and turn around to test the level.
I am waiting for a support test with a further rollback if the rollback is more than 30%...
The currency pair started to move sideways.
It trades in the range 0.709 - 0.6955, the global trend is upward, the local trend is range.
I think there will be a false breakout and growth to the upper border.
9/11 last NZDUSD ideas come TRUE
The price was unable to update the local tops, but went to retest the support level . I assume a breakdown and decline to the strong level of 1.368. There is my goal.
My past forecasts on GBPUSD 👩💻
The price is still accumulating energy, being in a sideways movement. It's hard to tell where the price will go. The trend is downtrend and I adhere to the fact that it will fall. Local target - trending support level
The instrument continues to adjust to support.
The level is strong and after such a movement,
I suppose that there are few chances for a breakout, so at least I expect a rollback, but it is still possible to change the local trend to an upward one.
The goal is resistance.
5 / 5 last EURUSD ideas come TRUE
The currency pair rolls back to a strong support level , having previously crossed the local top, this indicates a confirmation of the bullish trend and the presence of a buyer. I expect growth from level to resistance 0.934
The price has updated the local high and at the moment after the correction it consolidates above the resistance level , which can become support if the price does not come back. I look forward to growth to the resistance of the price channel to 111.65
My past forecasts on USDJPY 👩💻