The price has been maintaining the downtrend since May last year - that is, for almost a year. The guides of this trend are two lines: support and resistance, which were formed during the same period. For the last month, the price has been moving exactly between these lines (it has made at least 5 touches). And now it is at the resistance line 1.261. We can expect...
Gold is still in the 1734.83 correction zone. This zone formed in the middle of a global downtrend that has existed since last August. At the moment, the price has been moving in the zone for almost two weeks, while naturally descending minimally in the direction of the trend. However, we can expect the price to complete the correction, leave the zone and rise to...
From October 2020 to January 2021, the price increased. But in January there was a trend reversal and since then the price has been forming a falling channel. She has almost dropped to the start zone in November. With this channel, there is a noticeable alternation of rates and corrections, and right now the price is in the process of forming such a correction. It...
Since February last year, the price has formed an ascending channel. At the same time, it quite often broke through the boundaries of this channel, but each time it came back. During the rise in the channel, the price was able to break through the 0.699 support line. This is a very strong line that has existed since 2013. Now it acts as a price support. At the...
The global upward price movement that has persisted since April last year is supported by a strong support line for the same year. The price touched this line no more than 5 times, but after each touch it bounced off and started to grow. And now, when it has come to the 0.757 line, we can also expect an increase to the price level 0.781. SL - 0.745 Remember,...
Despite the generally continuing upward trend that the price started in the first week of March, the price has not advanced much towards resistance. Growth is accompanied by very frequent changes of growth and decline. Now the price is in the correction zone at 1726.52. However, it still makes sense to expect continued growth from this zone to the resistance of...
As expected, after breaking through the level of 1.188, the price continued to fall and is now in the process of falling. This may indicate that the global upward trend that we have observed since the beginning of last year may be broken. Or, more likely, this movement is only part of the movement in a trend - towards its lower border. Now we can expect that the...
At the end of last week, the price stopped at the 130.64 trend line. Then it fell to the lower trend line 129.91. It was able to break it and continued to fall, thereby forming a new small downtrend. Within the trend, the price has already worked out the correction, but this did not stop the fall. And now we can expect that the price will first come to the trend...
The price movement has been interrupted since the beginning of the year in an uptrend. At the beginning of this week, the price bounced off the 152.21 price level and broke through the lower trend line 151.60. Then the fall began. Now the price is below the price level of 149.25 and can be expected to continue falling to the level of 147.62. SL -...
A large TF shows how the price movement has been developing since July 2020. We can note a repetitive movement: an impulse for growth, movement in a channel between the main price levels - an impulse for growth. In early December, the price just entered the channel between the 1.232 levels. and 1.197. But recently it broke through the lower level and touched the...
In March, the price touched the resistance level of 0.937 and began to fall in a small channel. This drop can be perceived as a correction to the long and strong growth that the price has adhered to since February this year. Now we can expect that the price will break through the channel line 0.928, fix on it and rise to the price level 0.931. SL -...
The price has been moving in an uptrend since March 2020. At the same time, several price levels formed inside the trend, correcting the movement. Now the price is just at this level of 0.722. It can be expected that it will correct from it to the lower boundary of the channel at 0.710, and then continue to rise to the yen level of 0.736. SL - 0.695. Remember,...
Since December last year, the price has been moving between the two main price levels 0.758 and 0.781. Except for the breakout at the beginning of the year, when it peaked since 2018. However, there are also two trend lines on the chart. At the same time, the support line was formed in January 2020. Now we can expect that the price will touch it at the point 0.763...
The development of the price movement is still taking place within the downtrend that formed last August. In early March, the price touched the lower trend line - support at 1684.45. Then it rose and fell into the correction zone. In the zone, the price worked out the rollback and now returned to position 1721.01. And now we can expect continued growth to...
At the beginning of the year, the price experienced a small but sharp collapse, after which it touched support at 125.07 and has since adhered to an upward trend based on this line. Inside the trend, the price periodically shows a strong rise, after which it invariably falls. Resistance formed at the peaks of this growth. Now the price is in the resistance zone...
During the growth in a small uptrend, the price broke through the 150.43 support level, fixed on it and continued to grow. The other day it bounced off the resistance 152.11 and a fall can be expected to collapse, but the price has again corrected to the line. Let's consider this as a good consolidation after which the price will still fall to the lower border of...
Since October, the price has been growing in an uptrend, which is formed by support and resistance lines. It can be seen that in the future these lines will intersect, which means that at some point the price will break through and leave the trend. But while the price is at the upper border of the trend 78.70. Along this border, it has been growing for almost a...
The price worked out the correction in the support zone 1711.66. It initially came to this zone after the growth from the support at 1689.45 (intersection of the trend line and the channel). From the upper border of the zone) 1749.57), the price corrected to the lower one (1711.66) and we can expect that it will continue to fall to the lower border of the...