In February of this year, the price bounced off the local resistance line of 84.62 and fell to the historically strong support level of 74.92. After that, the rising wedge pattern began to grow. After leaving the pattern, the price increased by the volume of the collapse. Pushed off the resistance in 2019 again, fixed on it at point 88.17. And now it falls. It can...
Having bounced off the support zone 1677.82 for the second time at the end of March, the price showed strong growth. During this growth, it was able to break through the support line at 1734.58 and come to the resistance zone at 1765.77. In this zone, the resistance level and the line of August 2020 intersect. Now we can expect that from this zone the price will...
After the price broke through the downtrend at point 1.187, it left the channel, which has persisted since the beginning of 2021. During the growth from the support line, the price reached the resistance level of 1.207 and now we can expect that it will reverse after touching this level. And then it will fall and plunge to the 1.195 support level. Remember, there...
At the end of March, the price broke through the resistance at 0.716 and thus left the main uptrend, which had been continuing since April 2020. After that, the price continued to fall in a smaller downtrend. However, at the end of March, it bounced off the support 0.693, rose and broke through the trend line at 0.704. After that, she continued to grow. Now we can...
In early February, the price bounced off the support zone of 0.760 and rose to the 0.797 line. After that, a fall began and during it a trend continuation pattern was formed - a falling wedge. Last week, the price left patern, breaking through its border at 0.762. After that, one could expect an uptrend growth by volume. The price has already reached the...
Last week ended with the price breaking through the support level of 1760.82. After that, it continued to grow and came to the resistance line of 1791.20. This heavy line of resistance emerged in August 2020. Despite the rare breakouts of the line (for example, during the turmoil in the US in January), the price fell after each touch of the line. Therefore, now we...
At the beginning of the month, the price broke through the support line - the border of the falling channel - 1.187. This channel was formed at the beginning of the year and the price has followed it all these months. Can we now talk about a trend reversal and the beginning of strong growth? I think that in the near future the price will rise to the resistance...
The price consolidated in the resistance zone 153.27. This zone is at the intersection of the corrective rally (from March 2020) and the strong 2007 resistance line. Over the past month, the price has touched this zone twice. I take this as a good fixation and believe that now we can expect a fall. The price will go down to the support line at 145.50. Remember,...
At the end of March, the price bounced off the resistance of 78.87, which has existed since November 2020. During the fall in the price and its corrections from the support line in October 2020, an additional resistance line was also formed - in March 2021. The price touched it three times. After the last touch at 77.98, the price began to fall. Now we can expect...
Gold has come to the level of 1763.01. This is a fairly strong resistance level, which was broken through in February 2021. After the breakout, the price fell to the no less strong support level of 1677.63. After that, it made the first rebound, stopped at the resistance line 1743.36, and fell back to the level. And already having rebounded for the second time, it...
The price still continues to rise minimally, but I am nevertheless confident that this short rise will only be a false breakout. The price has recently broken through the 1.192 resistance zones. In which the line of the beginning of the year and the line of March 2020 intersect. After this breakdown, we can expect that the price will finally begin to fall, return...
The price broke through a small uptrend, falling below the resistance line (before the breakout - support) 0.936. And during the fall, it dropped to the local price level of 0.922. This level appeared after the corrective fall of the price in the pattern in March this year. Now we can expect that from the support of 0.922 the price will rise back to the resistance...
Since the beginning of April, the price has been at the local price zone 130.31. The first time the price touched it back in March, near the trend line, which has existed since 2019. Then it fell to the trend support 128.26 (May 2020), bounced back and rose again to the resistance. The price has been at this resistance since April 4 and now we can expect it to...
The price is still at the resistance level of 1760.82, to which it came at the end of last week during the growth from the support level of 1677.45. Despite the fact that the price has practically not left the resistance zone for the last week, it can be expected that it will eventually fall (as it already happened from this level) and come to support at...
Since the beginning of the year, the price has been falling in a downtrend from point 1.234. During this fall, a channel was formed, but after the breakdown of the resistance line in April at point 1.187, the price left the channel. Now it has almost grown to the local resistance line, which formed at the tops of price breakouts. We can expect a fall in the price...
Moving in an uptrend at the end of February, the price came to the resistance of 1.425. Then it turned around in fall. In the course of this decline, a descending wedge pattern was formed, continuing the original trend. The price has already completed the pattern, broke through its upper border and consolidated at the point 1.373, so further we can expect the...
At the beginning of the month, the price broke the downtrend at point 0.956 and ended up in the zone between two strong levels: support at 0.953 and resistance at 0.962. However, at the beginning of this week, the price was able to rise again and break through the level of 0.962. Then it came to the 0.969 price zone - at the top of the price in the channel. We can...
Last week the price touched the resistance level of 1765.77, from which the price regularly bounced up to this point (depending on the situation, either up or down). However, this time, instead of immediately falling, the price rolled back and now makes a correction. However, we can expect that after it the fall will continue and the price will fall to the support...