farhadataeiyar

farhadataeiyar Updated 

The EURUSD chart is showing strength and most likely preparing to break through resistance 1.0695 When will this happen ? The level of 1.0695. The price has been consolidating near it since late 2022 with quite a strong accumulation. The price is not falling but continues to press from below, the bulls are strengthening their positions. Possible potential in...

farhadataeiyar Updated 

The price breaks through the local resistance of 1821, from this level the price can continue to rise to 1858 or retreat to the support zone , but it will still be within the accumulative range. In the medium term, a breakout of resistance at 1858 could take the price to the 1900 mark. My guess is that gold will be in the accumulation phase for a long time, but...

farhadataeiyar

This is a personal analysis and idea, it is not a signal to buy or sell