After the price left the descending channel in early April and broke through the 1.187 support line, it increased significantly. The growth was accompanied by corrections and kickbacks. But in the end, the price came to the price level formed at one of the price peaks during the fall in the 1.208 channel. The price tried to break through this level but then...
At the end of March, the price broke the growing trend and dropped below the 0.716 line. The trend has continued since March 2020. After breaking through the line, the price formed a small downward channel. However, it rose and broke through its border at the point 0.7093. After that, she continued to grow. Now we can expect that the price will touch the...
After the completion of the falling wedge pattern, the price broke through the border - the support line at 0.762 and started to grow. But it stopped at the resistance zone 0.780. The price fell from this zone, unable to break through it, but jumped again and touched the zone for the second time. You can already see how the price reversed again and I expect a fall...
After at the end of March the price bounced off the call to support 1677.63 (and did it twice with fixing at the level), it showed strong growth and formed a small upward trend. During this trend, the price broke through the support level of 1764.54, fixed on it and continued to grow. It is now at the 1775.31 support trendline. We can expect that the price will...
The price is still rising in a small uptrend. During this trend, it broke through the falling channel line (January 2021) 1.193. Anchored on the support of the global growing channel (April 2020) 1.194 and continued to grow. During the rally, the price also made a slight correction. Now it can be expected that the price will rise a little more and stop at the...
In September 2020, the price bounced off the strong resistance level of 0.924. After that, a two-stage downtrend began. The first one - from September 2020 to November, after which the price bounced back at 0.888 and made a correction. After the completion of the correction, the price continued to fall and at the beginning of April this year came to the support...
The price has been moving in a growing turn since November last year. At the end of March, it touched the resistance of 78.82 and fell. This is a prior trend. During the fall, a triangle pattern was formed, the price made at least 5 touches of the trend lines. Since the pattern is also formed in a strong trend, we can now expect a breakdown of the pattern at point...
The rise in gold ended at the resistance line of 1785.49. This is the August 2020 resistance trend line. Its only breakdown occurred in early 2021 during the riots in the Capitol. The last period of price growth (from support 1677.45 - correction within the main downtrend. Therefore, now we can expect a new fall to support 1690.19. Remember, there is no place for...
After the growth from the support trend line at 1.170 and the breakdown of the support trend line (at that moment of resistance) at 1.187, the price was able to stop at the resistance level of 1.207. However, she still hasn't started to fall. During this week, the price made several corrections to the level and is now near it again. We can expect that after such a...
At the beginning of the month, the price broke through the uptrend at its lowest point - the resistance line at 0.937, after which it fell sharply, stopping only in the support zone of 0.913. The price bounced off this level and fixed on it. So now we can expect that after the second consolidation it will rise and come at the resistance level 0.922. Remember,...
The price has been trending since May 2020. Additional support and resistance lines are also formed inside the turn. Having completed the growth from one of these lines (from February to March 2021), the price bounced off the support at 128.216 and came to the level of resistance at 130.48. The level and trend support intersect and the price is ready to leave the...
Gold has continued to rise since the beginning of this week. Growth is not very active and nevertheless. This move is in line with a small uptrend from support level 1677.63 that started in March this year. A similar upward movement took place in December 2020. It ended with a collapse in prices and was rather a correction to the main downtrend. This time, we can...
The forecast for the fall, which we expect from the beginning of the week, continues. Yesterday the price touched resistance at 1.206 and really started to fall, but eventually corrected and is now on the line again. You can take this correction as a good consolidation at the resistance before a strong fall. Now we can expect that after the correction the price...
During the uptrend in the main uptrend, the price bounced off the rebound at 1.425 and fell. Taking into account the price movement and the presence of a previous growing movement, we can say that the fall took place in the falling wedge pattern. After breaking through the line of pattern 1379 and fixing at point 1.372, the price continued to rise. It has already...
After the price reversed about 0.998 in February, a downtrend began. It ended at support 0.948. The price bounced from this level, broke through the 0.956 trend line and continued to grow. It is now clear that a new uptrend has formed during the price growth. The price is at the support 0.966 and can be expected to grow from it and touch the resistance at...
The price continues to rise since the moment it settled at the support level of 1677.63 at the end of March. After that, it was able to grow, break through the level of 1764.54. After the breakdown of the level, the price worked out the rollback and fixed on it. Next can now assume that instead of a rapid fall, we are still expecting a slight rise to the...
After the breakdown of the downward turn that existed since January 2021, the price fixed on the main support line at 1.194 and rose to the local resistance of 1.206. Then she pushed off the line and began to fall. We can expect that the price will at least return to the support of 1.195. But it will also be able to break it and fall to the support line of the...
Since June 2020, the price has been moving in a downtrend and after each price hitting the resistance line, a downtrend has begun. However, after that, in March 2021, the price bounced off at the support of 1.237, it rose to the resistance of 1.262 and for two weeks has been moving along the line, periodically breaking it. We can expect that after the breakdown of...