The bearish trend in gold continues for now and will move lower until it accumulates the liquidity needed for a strong bullish move.
The strong resistance in front of Bitcoin and the dollar index indicates that the price will return to the bottom
According to the ceiling in front of the price, if the ceiling breaks, it will change the downward trend, and observing the divergence, we can expect the price to return to the floor to try again.
My analysis of gold for the long term is a strong bearish move followed by a strong bullish wave
The two marked areas are suitable for sell or buy on the Euro
In the short term, due to the breaking of the channel ceiling and its high stabilization, we should expect the continuation of the upward movement.
this my idea What is your idea? tell me about that ...
I expect a downward movement from the specified area.
It seems that the trend does not have the necessary strength to break its previous ceiling and a sell position can be taken with very little risk
The momentum of the uptrend movement has weakened and makes shorter ceilings each time. The uptrend is in progress in a channel and the number of touch with the bottom of the channel is more than its ceiling. The recent downtrend waves are stronger than the uptrend waves.
The new direction of movement in gold in Bearish chanell
New position in Bitcoin with new target at $17,000
The pullback will be completed and the move will be towards 30,000
SAND is in a 1-year uptrend channel and is now supported by the channel's midline line and demand area.
Gold is currently crammed into a corner triangle, and by breaking the triangle ceiling, it can move towards the $ 2,000 target after stabilizing on the drawn static resistance.
this is my idea about DXY in end of 2021 year and i think this trend will continue.
A new wave can be formed by stabilizing on the current area.