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DeGRAM | GOLD long to 1829.0Gold is in a bearish trend, a global strong trend that has continued since August 2020. Price in a sideways range - 1829 above and 1751 below. We also have a support level of 1774, formed in November 2020. The level passes almost through the middle of the range and on Friday gold tested the level and opened far away from it, waiting for a return to the level, a pullback and a price rise along a local uptrend to the upper border of the range - resistance 1829 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
OANDA:XAUUSDLong
by DeGRAM
3
DeGRAM | GOLD in consolidation The price started to recover from the 1794 level, but did not update the tops. The situation is stalemate in that either a large player did not allow this and dawns to change the trend, or there was not enough strength and the price would go flat for a possible consolidation between 1794 and 1805 and after that it will continue to grow at least until 1818.9 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
FX_IDC:XAUUSDLong
by DeGRAM
4
DeGRAM | EURUSD long to 1.1892?The global picture for the eurodollar currency pair. At the end of the week, after a false breakout, the instrument closes above the strong support level, which actually speaks of the strength of buyers, bringing the price back into the trading range. The local trend is downward. As we know, the strongest movements are formed after a false breakout. The potential of the currency pair is huge. The first urgent target is the upper border of the channel and local resistance at 1.17. If the price manages to get out of the channel up, then in the short term it makes sense to consider the long-range resistance at 1.189 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Long
by DeGRAM
8