Yuriy_Kuznetsov

Yuriy_Kuznetsov Updated 

Gold beat off a trend line again. MACD and other technical indicators show a turn. I expect reduction of price at least before support at the level of 1933. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

Hi everyone! USD/INR pair long was in one range, thereby a narisova a triangle. Now the price drew already 2/3 triangles. Therefore it is possible to expect it breakdown in the nearest future. I expect breakdown of a triangle down. Now the price is close to the upper bound of a triangle therefore the entrance to the transaction is safe. Stop loss can be delivered...

Yuriy_Kuznetsov Updated 

Earlier I tried to come in shorts, but stop loss worked. I consider there was a carrying out of bulls (the price reached exactly earlier designated resistance). Now there is divergence on MFI and RSI. I expect price movement down to 1933. Price movement on new heights should be through correction.

Yuriy_Kuznetsov Updated 

Hi everyone! Gold once again beat off a trend line on the week chart. MACD drew a turn on the day chart. I consider that it is a signal for sale and I expect price movement to support level about 1740-1750. Sold on 1968 TP = 1740.

Yuriy_Kuznetsov Updated 

Hi everyone! Gold once again beat off a trend line on the week chart. MACD drew a turn on the day chart. I consider that it is a signal for sale and I expect price movement to support level about 1740-1750. Sale now TP = 1740. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

I repeatedly said that gold is in the correctional difficult to predict movement. And now it possibly approaches end. Proceeding from Fibonacci we see that the price practically reached 1.618 from the previous wave. MACD is also developed. Thus, I expect the movement down to the old medium-term purposes: 1730, 1620, 1550. Information provided is only...

Yuriy_Kuznetsov Updated 

In the previous idea I pointed that any insignificant growth finally will lead to reduction of price of gold. Level 1735-1740 should act as the first purpose of decrease. Today we can watch forming of the third red candle on the day chart that is additional confirmation for decrease. MACD is also developed down.

Yuriy_Kuznetsov Updated 

Hi everyone! Despite continuous growth of gold, I continue to repeat that growth will begin only after falling. Now the price of 1932 is the level of resistance on the week chart where the concentrated large amounts. If gold manages to be fixed above this level, then it will be possible to expect the price about 2010, but further the price all the same will return...

Yuriy_Kuznetsov Updated 

Yes, today gold shows small growth and again the price rested against the psychological resistance 1800 about which I already spoke more than once. It is visible that more and more gold bugs enter gold in hope for growth, but I consider, it is wrong. I expect a price reversal down on one of resistance (are specified on the chart). The purposes remain the same a...

Yuriy_Kuznetsov

Price of gold did not manage to rise higher than resistance of 1805. My old purposes remain invariable. I expect price movement down to a local trend line and further decrease to minima at the level of 1680 and 1617. MACD and other indicators are also developed in a red zone. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

Now price of gold is in a triangle. I expect an exit from a triangle down with purpose 1560 where support is located. Therefore my September purposes remained invariable. Technical indicators also confirm need of continuation of falling of the price. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

My idea of October 06 remains in force, Tslyyu of decrease acts level 1560 that is support. Earlier the price rose higher than the level of resistance 1680, thereby having taken away many stop losses. However, the situation did not change, MACD on the day chart also remains directed down, to a srednesrochnyva the objectives are not achieved. After overcoming level...

Yuriy_Kuznetsov Updated 

In the last idea I expected the correctional movement up, possible even up to 1680 and further decrease to 1560. As it is only correction, it is necessary to be extremely careful. The medium-term direction remains invariable down. Therefore I sell at the current price with purpose 1560 that is the purpose of the movement on Fibonacci's level on the week chart. SL...

Yuriy_Kuznetsov Updated 

Target level 1560 remains in force. In the last idea I defined two entry points in sale of 1660 and 1680. Further it is necessary to expect continuation of the movement down to medium-term purpose 1560 where support is located. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

My goal from the beginning of August are achieved of the short positions (watch the previous ideas). Now divergence on gold which speaks about need of correction was created. Possibly the price will test strong level 1680 from below. However, medium-term the direction did not change down. As the medium-term purpose according to Fibonacci level about 1560 where...

Yuriy_Kuznetsov Updated 

I congratulate all who followed my idea of August 09! The first objectives 1680 are achieved. Level 1650-1635 was the second purpose. In case this level does not resist, then I will open the short position already with the new purposes again. I will remind that level 1635 is level according to Fibonacci from correction. Information provided is only educational...

Yuriy_Kuznetsov Updated 

I continue to hold the short position beginning of 1786 according to my idea of August. The purpose of this movement will be level 1650-1635. The stop at the level of support of 1680 is also possible. Technical indicators also confirm it. Information provided is only educational and should not be used to take action in the market.

Yuriy_Kuznetsov Updated 

Yes, as I repeatedly specified, gold will continue to decrease. The first purpose for decrease is the minimum (support) from which the price many times jumped aside - it is level 1680. In case the price overcomes this level, then it is possible to wait for decrease to 1635-1650. Information provided is only educational and should not be used to take action in...