Muhammad32671

Muhammad32671 Updated 

The gold has broken the falling trend line and it also retested it. The gold rallies in 2007-2010 and i 2019-2022 has some similarities.I am expecting 2600-2800 target in next 2/2.5 years.

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The gold has break the falling wedge and seems the gold will hit its resistance zone

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The pair has almost completed its total pips gain that is round about 1000-1100. So now its a reversal time.

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The pair has taken support from a strong demand zone. The break of trend line resistance is likely to be done by bulls.

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The gold has broken the rising trend line support and also made a double top. now trading near the resistance zone which is 0.5 fib level of recent rally

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The pair has broken neckline of head and Shoulder pattern. Upon retesting of support a short is recommended

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The pair retraced to 0.61 fib level. The rejection from said level will pull down the price to o.5 fib level. Th stop loss should be 164.20 while the target to be 162.20.

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The pair took support from 0.50 fib level and now in uptrend. it can target the previous top.

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The pair may retrace to 0.23 fib level. In short term it may drop.

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The pair is trending n a rectangle. The EXY seems bullish next week. So it is expected that pair can give breakout on higher side.

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The pair has given breakout from bullish flag pattern. It has recently drop from 1974 to 1848. The pattern indicates that it retested that breakout level. The target can be 1905-1915.

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The pair recently give breakout from falling wedge. The pair can be long with recent low as a stop loss.

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Th pair has given Breakout. Now it need to close above rectangle. it it closed above 0.8600. The target can be 0.8700

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The pair is again in its previous top zone. This may also act as now a resistance zone. So a sharp fall is expected from its top.

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The pair is in strong bullish trend. The pair is respecting rising trend line support. As DXY is in downtrend So it s expected that pair may breakout on higher side. The target is also a 0.50 fib level.

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The gold is now trading in bullish flag pattern. The break above will target 1910-1920. Which is also a 0.618 Fib level.

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The pair is trending in rising wedge. It is also trending near 0.5 fib level. A short recommended.

Muhammad32671

The pair is trending near a support level. It seems a shot pull back may happened. Keep the Strict Stop Loss.