ProSignal-team

ProSignal-team Updated  Oct 20, 2023

This week, gold has broken its downward trend line, indicating a potential strong upward movement ahead. The possible targets for this week could be 1945, 1955, 1980, and 2000. Gold support levels: 1899-1905, Gold resistance levels: 1924-1931, 1935.7, 1945, 1977-1987 However, we should also consider the current situation of the ongoing conflict between Palestine...

ProSignal-team Updated  Oct 19, 2023

The US dollar index may decline again to 105.500. However, before it drops, it could have another upward movement (Towards the red zone), and then continue its downward trend towards our target levels. Our targets are: 105.5, 104.5, and 103.5.

ProSignal-team Updated  Oct 18, 2023

This week, there are several factors that could contribute to gold's potential upward movement towards 1860. The ongoing conflict between Israel and Palestine could have a positive impact on gold. Gold currently has resistance levels at 1836-1844, and if these are broken, it could reach targets of 1860 and 1864. Its support levels are currently at 1804-1814, and...

ProSignal-team Updated  Oct 16, 2023

The dollar index has reached a significant resistance level and the RSI indicator suggests overbuying. There is a possibility that it may start a downward movement towards 105.5.

ProSignal-team Oct 12, 2023

The year-long uptrend of Ethereum has been broken. It is anticipated that the $1070 support level from 2020 may be tested once again.

ProSignal-team Updated  Oct 10, 2023

The GBPUSD has reached our target and broken its bearish trendline. After a retracement, it may continue to go up towards targets of 1.22710-1.2452.

ProSignal-team Oct 8, 2023

SYSUSDT has been in a long-term downtrend, but recently it has been attempting to break out of this trend. If the downtrend line is broken, we could potentially see a strong upward movement.

ProSignal-team Oct 7, 2023

TONUSDT has broken its downtrend, indicating a potential upward movement. The current targets are at 2.2866 - 2.3146.

ProSignal-team Updated  Oct 6, 2023

Based on current support levels and oversold selling indicated by the RSI, GBPUSD may be poised for a bullish move.

ProSignal-team Oct 4, 2023

The USDJPY has broken its upward trend and may continue to move downward towards 147.500

ProSignal-team Oct 3, 2023

In the daily timeframe, Dogecoin has broken its downtrend by reaching a horizontal support level and is now located in a demand zone. The momentum is positive, suggesting a potential upward movement. Expectations are for a bullish wave.

ProSignal-team Sep 26, 2023

In the 12-hour timeframe, gold is currently near its important support levels of 1907-1909. There is a possibility for the price to bounce back and start an upward trend within this range. Considering the fact that the dollar is also expected to begin its downward trend, this could be a confirmation for the end of the gold's downward trend.

ProSignal-team Updated  Sep 15, 2023

We can enter long position if the trend line breaks. Wait for the confirmation of the breakout.