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GBPUSD: fall in the process of forming a new growing trendAt the beginning of this week, the price touched the resistance line at 1.416. This is a small new line that was formed during the uptrend that started from the main support at 1.373 in April this year. The price consolidated at the 1.416 line and started to fall. Now we can expect it to return to the 1.393 support line. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Short
by UnknownUnicorn15614419
4
GOLD: a growing correction within a downward turnGold has continued to rise since the beginning of this week. Growth is not very active and nevertheless. This move is in line with a small uptrend from support level 1677.63 that started in March this year. A similar upward movement took place in December 2020. It ended with a collapse in prices and was rather a correction to the main downtrend. This time, we can also expect that the price will first touch the resistance of 1811.51, after which it will fall to support 1764.54. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
FOREXCOM:XAUUSDShort
by UnknownUnicorn15614419
6
GOLD: double tap and secure before fallingLast week the price touched the resistance level of 1765.77, from which the price regularly bounced up to this point (depending on the situation, either up or down). However, this time, instead of immediately falling, the price rolled back and now makes a correction. However, we can expect that after it the fall will continue and the price will fall to the support level of 1765.77. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
FX_IDC:XAUUSDShort
by UnknownUnicorn15614419
8