Hello everyone, GOLD 4H NEW FORECAST The gold price faced temporary negative pressure yesterday to test the moving average 50, which constitutes important support at 2365 , and we notice that the price begins to rise at the beginning of the day, stimulated by the positivity of the Stochastic indicator, awaiting the resumption of the main upward trend, whose next...
Hello everyone, Dow Jones 4H NEW FORECAST Index price analysis The index price lost positive momentum as a result of the Stochastic indicator’s attempt to exit the oversold level. The price remains above 37710, which constitutes additional support. Predictions for index trading The price was affected by a state of instability, with trading restricted between...
Hello everyone, GOLD 4H NEW FORECAST The price of gold resumed its positive trading yesterday, reaching our first awaited target at 2393 , waiting for this level to be crossed to open the way for a rush towards our next main target, which reaches the 2510 areas. Moving average 50 continues to support the suggested bullish wave A break of 2325 will stop the...
Hello everyone, EURUSD 4H NEW FORECAST Expected scenario The euro price against the dollar rebounded lower after testing the 1.0860 level, which formed a strong resistance against the price, which will push the price lower during the coming sessions, on its way to testing the 1.0800level as the next main station. The bearish bias will be likely for today,...
Hello everyone, GOLD 4H NEW FORECAST The gold price succeeded in touching our first awaited target at 2300 and stabilizes there, waiting to continue the rise within the ascending channel that appears on the chart, heading towards its resistance, which is now rising to 2320, which represents our next main target. We continue to favor the upward trend in the...
Hello everyone, GOLD 4H NEW FORECAST Expected scenarios and trading ranges The first scenario: The upward trend continues towards a target of 2300 . The second scenario: breaking the support level at 2260 and declining towards 2201. Third scenario: Trading continues within the range of 2270- 2300. The price of gold is trading with additional positivity to...
Hello everyone, EURUSD 4H NEW FORECAST The 1.0765 level was broken after closing the daily candle below it, which supports the continuation of the expected downward trend in the intraday term. The price is affected by the previously completed double top pattern. Setting the next target at 1.0685. The moving average 50 continues to support the proposed bearish...
Hello everyone, GOLD 4H NEW FORECAST The gold price resumes its positive trading to begin attempts to breach the 2260 level, which supports the continuation of the expected upward trend for the coming period, whose next main target is at 2300. The moving average 50 continues to support the proposed bullish wave, taking into account that failure to cross the...
Hello everyone, SPx500 4H NEW FORECAST The gold price is facing negative pressure to approach the test of the pivotal support of 2230, affected by the negativity of the Stochastic indicator, and the price needs to consolidate above this level to ensure the continuation of the main upward trend, as breaking it may force the price to make some bearish intraday...
Hello everyone, SPx500 4H NEW FORECAST The index price maintained its positive stability above the additional support centered at 5260 , achieving some gains by touching the level of 5270. General stability within the axes of the ascending channel, and by attempting to present the Stochastic indicator of positive momentum, this will increase the chances of...
Hello everyone, GOLD 4H NEW FORECAST Expected scenario: continuation of the upward trend The price of gold confirmed breaching the 2222.91 level after closing the daily candle above it, reinforcing expectations of the continuation of the upward trend in the immediate and short term. The way is open to target the 2250 areas in the near term. Alternative...
Hello everyone, USNAS100 4H NEW FORECAST The price of the index has moved at any rate until this moment to notice its continued fluctuation within the temporary side path represented by the initial stable support at 19360.00, while the level of 18452 represents a strong obstacle to the attempt to resume the upward attack. From the above, we will remain...
Hello everyone, GOLD 4H NEW FORECAST Gold price trading stabilizes around the 2210 level after the rise it witnessed in recent sessions. We notice that the price lost its positive momentum, causing the upward wave to stop temporarily. Waiting to gather positive momentum that will help push the price to resume the rise and head towards our first awaited target...
Hello everyone, EURUSD 4H NEW FORECAST The price of the euro against the dollar fluctuates slightly negatively. It tries to stay away from the broken neckline of the double top pattern. It is under negative pressure formed by the 50 moving average. To support the continuation of the expected downward trend in the immediate term. Its targets start by testing...
Hello everyone, SPx500 4H NEW FORECAST The index price did not move anything until this morning's trading, as it was confined between the additional support centered at 5265, while the stability of the resistance of the ascending channel extending towards 5335 hinders the chances of recording any of the additional gains previously suggested. The above...
Hello everyone, GBPUSD 4H NEW FORECAST The GBP/USD price found strong support at the 1.2580 level. It shows some upward bias and is approaching a retest of the broken neckline of the double top pattern shown on the chart. The 50 moving average forms negative pressure against the price, to support the chances of continuing the bearish corrective trend, whose...
Hello everyone, EURUSD 4H NEW FORECAST The euro/dollar price trades stabilize at the broken neckline of the double top pattern. The price remains stable below it, which keeps the negative effect of this pattern effective. The expected bearish trend is expected to resume in the intraday period, keeping the first target at 1.08286 . The Stochastic indicator is...
Hello everyone, Dow Jones 4H NEW FORECAST The index price is still affected by the instantaneous negativity of the Stochastic indicator, forcing it to present a new sideways fluctuation as it stabilizes near the support represented by the level of 39559 . The scenario for nearby trading depends on the strength of the current support so that we expect the price...