ElenaMayi

ElenaMayi Updated 

Generally, the direction is an uptrend, and the sensitive movement is ahead. Gold traded in a narrow range on Tuesday as investors stayed away from taking big positions ahead of the U.S. presidential election and the Federal Reserve policy meeting later this week. Downtrend Side: For the bearish trend to materialize, the price must break below 2733 and cross...

ElenaMayi Updated 

Generally, the direction: is an uptrend Uptrend Side: The price is trading above 125.79, which will support the price to rise more to reach 140.74 and above the new high level of 155.00. Also, the price is continuing at the bullish attempt. Downtrend Side: if the price trades below 125.79, especially below 118.80, it will fall toward 107.88. Tendency Keys: 140.74

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price should break the 152.421, which signals a potential rise towards 153.927, with further movement toward 157.631 once this level is surpassed. Downtrend Side: The price should decline below 152.421 to below 150.483 by closing a 6-hour candle beneath this level, which would then lead to a move toward...

ElenaMayi Updated 

Generally, the direction is a downtrend Downtrend Side: The current price has crossed below 20,100 and is descending toward 19,990. This indicates increasing bearish momentum, suggesting a potential challenge to the next support level at 19,800, particularly if the price stabilizes below 20,100 and 19,990. In this scenario, a sustained position beneath these...

ElenaMayi

Generally, the direction is a downtrend Downtrend Side: As previously mentioned, the price has broken through the support level and stabilized below it. Our next step in the bearish trend will focus on the support at 19,990 to further confirm the downward movement. Subsequently, trading is expected to continue below 19,990, targeting the levels of 19,800 and...

ElenaMayi

Generally, the direction is an uptrend We have two potential bearish scenarios: first, the price might rise to 2757 before beginning a downward movement. Alternatively, the price could break through the resistance levels at 2757 and 2778, reaching 2787, before initiating a significant decline overall. Downtrend Side: For the bearish trend to materialize, the...

ElenaMayi Updated 

Generally, the direction is uptrend Uptrend Side: To establish a bullish trend, the price must first rise above 2,757, then break through 2,778, with the final high at 2,787, in order to reach the new peak of 2,800. Downtrend Side: The bearish trend remains active, with the price trading below 2,757. This may lead to further declines, potentially reaching 2,733...

ElenaMayi

Generally, the direction is a downtrend Uptrend Side: trading below the 1.2936 will support the price to fall to touch the 1.2808 and 1.2624. Downtrend Side: the price should rise above 1.2936, especially above the 1.3033. Tendency Keys: 1.2936

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price continues to trade above 152.393, indicating that it requires strong positive momentum to break through the significant level of 153.927. A successful breakout above this level could drive the price to reach 156.023. Downtrend Side: the price should fall below 152.393, especially below the...

ElenaMayi

Generally, the direction is a downtrend Uptrend Side: The price is expected to rise to test the resistance at 20,100. If it can surpass this level, it may continue upward to reach 20,200 and 20,335. To confirm the bullish trend, stabilization above 20,335 is necessary. Downtrend Side: The price still exhibits bearish momentum and has closed the 4-hour candle...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price has stabilized above 197.752 and is likely to attempt to reach 198.880. Should it surpass this level, it will encounter additional resistance at 199.630 and 200.593. Downtrend Side: The price should reverse and stabilize below 197.752 with a 6-hour close, leading to a potential decline toward...

ElenaMayi

Generally, the direction is a downtrend Uptrend Side: To be an uptrend, the price needs positive momentum to stabilize above 69.96, then cross 71.78 to start the uptrending toward 73.59. Downtrend Side: As long as the trade remains below 69.96, it is likely to move within a negative trend, particularly if it breaks the support level at 68.64. A break below this...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The gold price continues to record new highs, establishing support at 2,778. As long as it trades above this level, it is likely to rise further to reach the next resistance at 2,787. A break above this resistance could drive the price to a new high of 2,800. Correction: The price may decline to reach 2768 as it...

ElenaMayi

Generally, the direction is uptrending and sensitive because it's moving under the earnings effect. Uptrend Side: The price needs to break through the resistance at 20,335 to rise and reach the strong barrier located between 20,480 and 20,565. Successfully crossing this zone will confirm the bullish movement toward the final resistance at 20,700. Downtrend Side:...

ElenaMayi

Generally, the direction is the downtrend and consolidation between 1.30333 and 1.29340. Uptrend Side: The uptrend will remain active if the price rises and stabilizes above 1.30333 with a 4H candle close, especially if it surpasses zones 1.31578 and 1.32060. Downtrend Side: The price is trading below 1.30333, targeting 1.29340 and 1.28081. A break beneath these...

ElenaMayi

Gold hits new high near $2,800, faces resistance at this level Gold prices continued their rise during trading on Wednesday, recording their highest levels ever as investors rushed towards the safe-haven metal with less than a week remaining until the US presidential election, as investors await important economic data for clues on the US Federal Reserve’s...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price increased due to the Q3 earnings impact and has stabilized above the strong zone between 20,480 and 20,560. As long as the price trades above this zone, it is likely to rise towards the last resistance at 20,700, with a potential new high at 20,800. Downtrend Side: The price is expected to undergo a...

ElenaMayi Updated 

Generally, the direction is the downtrend Uptrend Side: The uptrend will remain active if the price rises and stabilizes above 1.09485 with a 4H candle close, particularly if it moves above 1.10327 and 1.10820. Downtrend Side: The price is trading below 1.08283, heading towards 1.07220. A break below this level will further strengthen the bearish...