As I said before, gold is in an ascending channel and according to the analysis, we observed that the price reacted to the trend line of our channel with a nice movement and we had a correction. Gold is to return to the upward trend. The corrective movement of gold is not over yet, and at the beginning of the week, we can think about selling in a smaller time frame.
Friends, we are still witnessing the fall of the dollar and this fall will continue, the selling pressure of the dollar is still there. We can expect the formation of a drop base drop pattern from the price. Trade strongly against the weakness of the dollar.
Brent is still inside its long-term descending channel and has not yet broken out of this range. And there is a price corrective movement that is formed in the form of a rally base rally pattern that can be profited from the second rally movement.
hi guys. At the beginning of this week, we had a good trading position in the usdcad currency pair. It broke a strong support level and is continuing to move due to high momentum and orders. Do not miss this opportunity.g of the week we have good
Hello guys. It seems that this currency pair has reached the end of its downward trend. At the moment, we cannot talk about the beginning of an upward trend, but a short-term upward movement to the specified resistance area can be considered.
hi guys. xauusd started long trend again and after a strong ralley we expend a base in this area and then second strong ralley. Be patient and wait for the confirmation to enter the position for buy
dear friends as you know we had some important news last week and we and we know dollar is on the sell pressure beacause of the interest rate. i see the bullish way for the xauusd.
