8x Long Entry: 1 1.15 1.2 1.25 1.43 . . Stoploss: 0.89
X5 Entry: 2.37 Targets: 2.41 2.47 2.5 2.8 Stop : 2.26
Due to hitting the ceiling of the ascending channel, there is a possibility of the price of gold falling to $1,827. It is necessary to know that it recently broke the ceiling of the two-year descending channel.
According to the technical pattern, there is a possibility of price increase in the coming hours. Up to the level of $17,200.
The chart will continue in this manner until it is out of the area inside the channel. According to the chart, it is expected to decrease to the level of 1.059.
Gold will fall again to the 1795 level after hitting the resistance level of 1822. Gold is moving in the increasing channel in the hourly time frame.
At the moment, Bitcoin is stepping in its downward spiral. It is very likely to fall. Trade with caution. It falls to the level of $14,600.
By hitting the resistance zone, the probability of falling to 1.04591. The dollar will strengthen in the near future.
The price of the dollar will decrease after hitting the resistance level. The dollar has built its ascending channel and is moving in an upward direction. But at this stage, we are expecting a price reduction to $1,768.
Considering the breaking of the ceiling of the 2-year channel, the probability of returning to the low price is less and it will grow up to $1,800. Of course, there is a sensitivity point of the chart and it is important to pay attention to technical analysis and price action.
In case of breaking the support level, according to the figure, the price will decrease to 1.02464. At this point, due to hitting the bottom of the channel, the probability of the price falling will be low.
Due to the reduction of inflammation on the news of the US dollar, it will not reject the resistance level and has a possibility of falling to 0.61.
Due to the fall in the price of Bitcoin last week and the failure of the bottom of the ascending channel and the inability to increase the price, the fall will continue again soon.
Most likely, after touching the trend line, it will fall to 1650. The price of gold will retreat. Sellers should pay attention to candles and Price Action analysis.
According to the Price Action analysis, there has been an BULLISH ENGULFING in the one-hour time frame. It is expected that the euro price will increase in the next few hours inside the channel. The bullish candle has been strong.
When the chart hits the line, it will move up and engage in the first resistance. Finally, according to the forecast, it will move towards the resistance zone. The hidden divergence is where it meets the trend line.
The trend line is broken. By returning to the high probability line, it will continue the upward movement to the resistance zone.
The probability of crossing the resistance is low. If the resistance is not crossed, it will fall to the support level of 0.9695.