gold moving in a downward channel ( red lines ), daily rising trend line (blue) has broken twice and if price sustained below it then next move will be down to next support (green trend line) and final move down to 1880-1870 level for short time. 1970 is strong resistance for now
price will go up to AUG high and then fall down to form inverse H&S long time reversal pattern
formed H&S pattern, price will lead to 1935-1917 level, fibo 78.6
bullish flag formed, will face srrong resistance at 1954 to 1962
gold has formed a bullish flag and must go up from 1920-25 level to 1960 1970
In a big timeframe Dxy have monthly rising trendline support, horizontal support and Fibo 38.2 % showing goes long in upcoming weeks
this idea is in continuation of my previous idea 100 % correct, now after hitting resistance line it is moving towards downward channel support and Monthly rising trendline support@ 91.60 level, this level will be a rebound
this idea is continuation of my previous idea that proved 100 % accurate, gold is struggling to get out of this channel and having a rising trendline support, before NFP it will see 1955-1962 level and today it can hit 1970 plus, it can give strong daily and weekly closing today near 1962 level.
my this idea is in continuation of my previous idea that proved 100% correct, now we can see today this pair moving towards 1.1900 to 1.1965 level
eurusd going towards 1.1800 level, forming a H&S pattern in 30 M timeframe, and in 4H timeframe moving into a channel, touched upper resistance line and going towards lower line...
it is forming a H & S pattern, broke rising trndline and now going downward to next supportline...
it is forming a bullish channel, a move up towards 92.70-80 and then will take monthly support at 91.50-40 and after it trend will be reversed...
gold is moving in a triangle and a bearish channel is forming, 1935-1936 is support and 1970 is strong resistance, after touching 1935 it may take a bounce upto 1970-1975 level and then move down toward 1915...
it is going to touch strong rejection level@ 3570-3585, that will lead toward a crash
gold has bound in a bearish channel, bearish wedge and has touched upper trend line and declined so it must need a support of lower trend line for its further move up