AhmedAbdulsalam8393

AhmedAbdulsalam8393

The gold price was able to penetrate the 1873.50 level, and closed the daily candle above it, confirming the continuation of the dominance of the upward trend and opening the way to head towards our next positive target, which is located at 1913.15. Therefore, we will continue to favor the upward trend for the coming period, and it receives good support from the...

AhmedAbdulsalam8393

The EUR/USD pair presented mixed trades last Friday, as it tried to break the 1.0515 level but returned to holding above it again, waiting for the resumption of the upward bias to test the descending channel resistance around 1.0640 as the next main target. Therefore, the upward trend scenario will remain effective for the coming period, supported by a move above...

AhmedAbdulsalam8393

The price of oil opened today’s trading with a large upward gap to retest the broken support of the main ascending channel that appears in the chart, and we notice that the price is facing strong resistance there, as the 50 moving average meets this level to add more strength to it, while the Stochastic indicator reaches the saturation areas in Buy...

AhmedAbdulsalam8393

The price of gold opened today's trading with an upward gap that placed the price above the 1838.35 level, which leads the price to recover and attempt to achieve gains that begin by testing the 1873.50 level, so that the upward bias is likely for today Moving above the moving average 50 supports positive expectations, and breaching the aforementioned level...

AhmedAbdulsalam8393

As we see in chart Gold still positive as I said before If gold close 4H at least over 1820 We will see the price over 1839 minimum And also be careful for closing today

AhmedAbdulsalam8393

I think it’s a trap and it’s a spring over there So I will buy now 1916 TP 1939 , 1949

AhmedAbdulsalam8393

The price of gold has been fluctuating sideways in recent sessions, and is affected by the positivity of the Stochastic indicator to show some slight upward bias now, while the 50 moving average continues to put negative pressure on the price, supporting the chances of resuming the expected downward trend for the coming period, whose targets start at 1809.35 and...

AhmedAbdulsalam8393

As we see in the chart If he break the last support line , the next price is 1784 So closing today is very important If not he will go to the other resistance line 1839 then 1859

AhmedAbdulsalam8393

The next support line is 1822 As it’s broke the 1835 as I said before

AhmedAbdulsalam8393

next step is to surpass the resistance which is considered significant. it can be seen as a strong support level that will help drive the price higher

AhmedAbdulsalam8393

support and resistance line for Gold 4h fram what happen is what i already expected before and i think the next support line is 1935