Since yesterday, the price has increased minimally and is again in the process of reversal. I will extend my forecast as I still believe that this growth and the breakdown of the border of the descending channel is only a correction, the breakout will turn out to be false and the price will return to the channel. I expect the price to start global growth only from...
Since June 2020, the price has been falling in a downtrend almost without breaking through its main trend lines. After each touch of the resistance line (June 2020), the price starts a small downtrend to support. Now the price is at the resistance level 1.259, which it reached at the end of March. We can expect a fall in the price to support 1.238. Remember,...
Let's consider a long-term forecast on a weekly chart. The price is following a global trend between the historically strong support level of 74.92 and the resistance line formed in 2015. After each touching the line, the price collapsed and touched the level sooner or later. Now it stands close to the 88.54 line. we can expect the price to touch it and fall in...
During the fall in the global downtrend, which began in August immediately after the rapid rise in the price of gold (due to the unstable world situation), the price was able to break through the strong resistance level 1763.01 and is now moving between this level and the support level 1677.63. At the end of last week the price bounced off the resistance level and...
The price is in a strong resistance zone at 1.193. In this zone, the resistance line of the global uptrend (which the price left in March of this year, breaking through the resistance at 1.186) and the resistance line of the minor downtrend formed in January 2021, cross. Now we can expect that the price will push off against the resistance and continue to fall...
Since the beginning of February this year, the price of the low-value pair has been falling in a downtrend after it bounced off the main resistance line at 0.745. During the fall, the price was able to break through the border of the main uptrend 0.717. Then it continued to go down in the channel and eventually came to the resistance of 0.703. Now we can expect...
In the course of growth since April 2020, the price came to the upper trend line - resistance 0.796. This happened in February 2021 and after a breakout attempt, the price began to fall. during the fall, a falling wedge pattern was formed. It has a prior trend and at least 5 trendline touches. Now the price is in the process of completing the pattern and we can...
The price continues to fall in a downtrend that began in August last year, when investors began to massively sell gold. Now the price is in the correction zone - a pause - between the resistance level and the support level. And it stands just at the resistance level of 1760.82. We can expect the price to fall from this level to the support level of...
Last week, the price broke through the resistance line of the bearish trend at 1.187. This rent was formed at the beginning of the year when the price started to fall from position 1.234. However, after breaking the line, the price stopped at the resistance level of 1.192. And now we can expect the price to fall, break the trend line, fix at 1.181 and fall to...
In March, the price bounced off the support level of 125.83 and started an upward bullish trend. During this trend, the price has grown to the resistance zone 153.23. In this area, the trend line crosses the 2007 resistance line! Now we can see that the price started to fall and we can expect that it will fall to the trend support 143.84. Remember, there is no...
The price continues to move in an uptrend. Inside which she has already worked out several corrections. The basis of the trend is the support line formed in March 2020. The price bounced off the 69.08 point and started a new uptrend, but now we can expect it to break the 76.62 support line, fix on it and fall to the 75.59 support level. Remember, there is no...
Pushing off against the support level 1677.45, the price was able to show strong growth and broke through the resistance zone (consisting of two lines in August 2020) 1733.65. After this breakout, the price moved up to the minor resistance line 1759.31, which was formed earlier this year. It can be expected that the price will fall from it, break through the...
The price made a small false breakout of the resistance line at 1.188. This is the line of the descending channel formed at the beginning of the year after the price fell. We can expect that the breakout was false and after it the price will break the line again during the fall and return to the channel, reaching the 1.162 support line. Remember, there is no...
After working out the correction in the form of a head and shoulders pattern, at the beginning of the year, the price was growing in an uptrend. However, the growth stopped at the resistance at 0946, after which the price dropped and broke through the trend support 0.936. And I stopped at 0.923 support. Now we can expect that the price will bounce back to the...
The price has been rising since 2019 in an uptrend. A repeating situation is visible along the resistance line - the price touches the line, bounces off, works out the correction, is fixed on the line and only after that it falls. This time the price touched the resistance of 130.52, but after the rebound did not reach the line and fixed at the price level. Now we...
The price has not yet touched the resistance level of 1763.01, although it is getting closer to it every day. As you remember, this growth started from the support level of 1677.63. And this movement - the rise to resistance and the fall back to the level, the price repeats for the second time. Now we can expect that it will touch the resistance of 1763.01, after...
In the process of falling in the trend, which began at the beginning of this year from the resistance point of 1.234, the price bounced off the support trendline at 1.170. After that, it showed strong growth and is now not far from the trend border. We can expect that the price will break the local resistance line and grow to the resistance point 1.191. This is...
The price has been moving in an uptrend since March last year. At the same time, another long-term upward movement was formed within the trend - from point 1.265 in September 2020. This growth stopped only in February of this year at the resistance level of 1.424. After that, the price worked out the correction, falling in a wedge. The other day it broke through...