Nuno_Meireles

Nuno_Meireles

Instagram : @GoldenScaleTrading | After the respect of a great Trendline that works as a new support, we have the difficulty of the Bears to push the price even lower. We also have EMAs showing that the rise should be close on the daily scale and, to confirm my theory again, the RSI is showing great buying potential today. The increase will also happen due to the...

Nuno_Meireles

GoldenScaleTrading.com | The Bearish Power that was critical last week may continue for the week to come. Daily Candles are showing the Double Head pattern, that supports the downtrend for a few more days, but when this correction is over, i believe that the price will spike out to the 1700ish again.The target for this week is the 1450,00. And btw guys, stay safe,...

Nuno_Meireles

| GoldenScaleTrading.com | The current market is divided by the diferent scales. You can wait for a bearish short term due to the break of the correction that we are currently on; a bullish medium term, because of the current pattern that we are in and, finally, a bullish long term domain, because when the break of the pattern happens, it will most certainly be in...

Nuno_Meireles

| @GoldenScaleTrading | This is just a study that proves and confirms the uptrend that is going to happen in Gold in a longer scale. Check the idea related to this one to see the full study.

Nuno_Meireles

| @GoldenScaleTrading | After respecting the support of the trend and, a little while ago, having respected the trendline, I believe that the value should increase in the next days for sure and, most likely, should maintain an upward trend until the end of March. The short and long-term EMAs confirm this theory, together with the volumes and, above all, we have...

Nuno_Meireles

| @GoldenScaleTrading | After all these moves, I believe this pair should continue to decline. He broke a very old support, and after having respected it as a resistance, he continues his descent. EMAsss prove that the decline should continue, together with respect for the current trend. Both in the long and short term I believe that this trend will be respected.

Nuno_Meireles

| GoldenScaleTrading.com | I believe that the respect for the support that was mentioned in the previous study continues to give great confidence for the price of this asset to rise. We have the RSI showing a very good upside potential, together with the EMAs of the larger scales and, above all, the respect of the main trend that has been taking place. Fibonacci...

Nuno_Meireles

The uptrend will continue for a couple of hours, by the end of the day, the value will crash according to my study.