Ninewwy

Ninewwy

CAPITALCOM:GOLD is showing strong bearish momentum on the 4 H chart, with price action indicating further downside potential. Rejection from Resistance: The price faced a strong rejection at the $2,720–$2,725 resistance zone, highlighting sellers' control over the market. A clear break below the $2,680 and $2,675 levels confirms the bearish trend. Targets: The...

Ninewwy

In my opinion, the graph FX:EURUSD shows a well-defined upward-sloping channel, with the support line at the lower boundary and the resistance line at the upper boundary. Recently, the price rebounded off the support line (highlighted by the green circle), signalling a potential continuation of the channel’s upward trend. Support Line: This lower boundary acts...