imanazeri73

imanazeri73

sell vol > buy vol; Moving down faster than up; fibonacci = OK The picture will change if a strong green bar with a large volume appears; A small correction is not excluded, but do not fall under the hammer.

imanazeri73 Updated 

Resistance 47,60 Support 46,90

imanazeri73

Bears sell large volumes, but the price does not fall. The flag and the bullish divergence were formed.

imanazeri73 Updated 

Buyers are stronger than sellers

imanazeri73

Long term short

imanazeri73 Updated 

Fooling the expectations of traders expecting to form the right shoulder, the price went up breaking through the resistance level. Now we are waiting for confirmation that the breakthrough was not false. The level of resistance can become a support level.

imanazeri73 Updated 

After strong sales last week, a very strong buyer should appear, able to expand the market. In the meantime, we are waiting for the moment to enter again into the shorts.

imanazeri73

Bulls on smaller volumes push the price higher. The bears tried to push the price down with large volumes, but they did not have enough strength and they began to close their positions, which helped the bulls on the 3rd attempt to break through the resistance level.

imanazeri73 Updated 

RESISTANT

imanazeri73

Look at the triangle. To this end, I went from H4 to H1. Forming a diamond pattern.

imanazeri73

NO COMMENT

imanazeri73

Micro-correction is expected, which, when exiting the trend channel, may lead to the completion of correction in the long-term downward trend.

imanazeri73

The overall picture for gold is positive, but it is possible to step back and after further growth.

imanazeri73

Bulls are struggling with the level of correction of fib. 61.8. A short rebound from the resistance line prevented the bears from forming a second shoulder. Bulls are attacking.

imanazeri73

I assume that from the level of 50.85 coinciding with the Fib. 61.8 bulls long-term will begin to close their positions.

imanazeri73

Bulls do not give up, but to break through the resistance on the third touch of H4 did not work (yet?). If the bulls miss their chance, then a third vertex is formed on the chart - a reversal pattern.

imanazeri73

This plan may change if a large negative volume appears on H4. With the formation of the right shoulder, there may be a correction in the uptrend.

imanazeri73

short