Gold has strong support. An uptrend, a lower border, you can look for a buy entry point. I expect growth after false breakout to 1928 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
Although the instrument has broken through the upward trend support, it is not going to fall impulsively. Smoothly switched to flat. Well, it's too early to say anything specific about the direction, but it's worth considering that the trend is upward. Still, I expect this movement to be false to the fact that the price will fall. I wait for some time to be in the...
Well, on the chart, we see a corrective movement after the channel breakout. At the moment, the instrument is fixed, the resistance line is formed by local descending tops, it is possible that the instrument will move down from it. I expect movement to the target - 1.20444 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
So. Gold is in an upward trend. The downward correction to support continues. I expect further growth after this movement to the resistance of 1958 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
Well then. The currency pair rises in steps along the trend. The trend is upward. At the moment we are consolidating above the support zone. I expect an upward rise, as there are two good targets ahead for market participants - a liquidity zone at 156.15 and a strong historical resistance at 156.685 Remember, there is no place for luck in trading - only...
So. The currency pair continues to correct towards the support of the price channel. But it is above the strong support zone at 1.217. After the end of the correction, I expect a fall from 1.2256 to the liquidity zone of 1.2050 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
The tool continues to grow after the correction. Now it is approaching local resistance, behind which there is a strong level of 1928. I expect a breakdown in 1914 with a further continuation of the movement after a slight reaction at 1914. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
Well then. The currency pair is between the strong resistance line and the strong historical support at 1.2060. The market is exclusively bearish, there are no strong buyers. I assume a further drop to 1.2009 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
So. We see an exit from the channel, a true breakdown of support. At the moment, the instrument rolls back to the channel, I think that this correction with the subsequent consolidation will give a good movement down to 1.205 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
So. The instrument has recently come out of the ascending channel, corrected to the support and went down below to 1.21. I think that this is possible as long as a local change in the uptrend, or a global correction. Okay. I expect the currency pair to decline to the local minimum of 1.21 and further - the liquidity zone, where the accumulation of market...
Silver left the channel last week. It is too early to say that this is a trend change, we are waiting for an impulsive downward movement, confirming this fact, then it will become clear to us. Now we see the completed correction to the resistance of 27.879. The instrument went down and, I suppose, it goes to support at 27.10 and further - the liquidity zone at...
So. The pair is currently in the range between 0.905 and 0.8988. Exit from the descending price channel and consolidation above indicates a trend change, now we are consolidating above support at 0.8988. I'm waiting for either a false breakout or a rebound from the level up to the nearest target of 0.905 and further up to 0.90947 Remember, there is no place for...
Well then. At the end of the week, gold increased its volatility, but it tested the channel's support, and also made a false breakout of strong support. I suppose that the rise in the value of the metal will continue, there are several targets ahead, such as support for 1901, liquidity zone 1955-1958. Remember, there is no place for luck in trading - only...
Well then. The ascending price channel continues after the breakdown of the descending one. But it is still difficult to determine what it is, a trend change or an upward corrective movement. But we know where to buy and where to sell in the channel) buy from below, sell from above. In general, there is a correctional movement towards support inside the channel. I...
And so, the currency pair is now above the support formed from the local peak. The trend is upward, the instrument is moving up the price channel. I think that after a false breakout of support, we will go up to the 1.8538 liquidity zone Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Well, gold dropped very much yesterday, by 2.3% of its value. It tested the support line of the ascending channel, but the uptrend does not change, the picture on the global timeframe is not broken. Growth will continue, but first, the metal needs to rise above the resistance of 1875 and gain a foothold for further upward movement Remember, there is no place for...
And so, we have an ascending price channel and the price is at the tender border. The trend is bullish, ahead of the key points only the old strong resistance levels, near 156.6 and far 159.98, I think that the instrument is directed towards them. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
The currency pair breaks the channel, corrects and consolidates below the support line. This fact tells us that we have moved from the buying area to the selling area. We have broken through the local support 0.77067 and go down further. I think that the price will go down to support 0.7561, followed by a liquidity zone, if, of course, the trend changes to bearish...