The price continues to rise based on a small support line since the beginning of the year. After almost every touch of this line, the price jumps up and then falls back to it. Now, after the next jump, it is located near the position 128.35 and we can expect that, having touched this point, the price will rise to the level of 129.31. SL - 127.9. Remember, there...
Continuing its movement in the global uptrend, the price formed a small growing channel in February this year. Last week there was a breakdown of the resistance line, but the price returned to Canada. It can be expected that it will touch the support and rise to the price level of 150.43. SL - 147.5. Remember, there is no place for luck in trading - only...
The price has been in a downtrend since 2016. However, in November 2020, it pushed off the trend support and broke through the upper trend line - 70.5. Then it grew almost continuously. It can be expected that the price will reach the 81.1 price level, which will be corrected. SL - 74.8. Remember, there is no place for luck in trading - only strategy! Thanks for...
This week, gold has lost a lot of volume, returning to the fall after each correction. Yesterday it collapsed and is now close to the support trend line (early December) 1750.90. The price will probably bounce off this line and rise to the resistance line 1787.42. SL - 1736.32. Remember, there is no place for luck in trading - only strategy! Thanks for the likes...
In January, the price kept the rhythm of movement: a strong collapse - growth to the previous volume. And now it is in the process of forming the third collapse in a month. Before the price returns to growth, we can expect it to fall to the price level of 1.203. SL - 1.213. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Since October last year, the price has been moving in a growing channel. However, this week it came to the resistance at 1.419, which is also the border of the channel, and after touching this point, it collapsed. Now we can expect the price to leave the channel, break through its lower border and come to the price level 1.368. SL - 1.400. Remember, there is no...
During yesterday's day, the price collapsed and broke the channel line 0.991. It has been a strong upward channel since early February. However, the breakdown occurred even without correction, which indicates the force of the fall. Therefore, in the near future we can expect that the price will drop to the price level of 0.973. SL - 0.984. Remember, there is no...
The price worked out the bullish "head and shoulders" pattern, during which it first tsp (the previous trend), then formed two shoulders and a head, and eventually broke through the neckline during the growth. Now we can expect growth by the volume of the previous trend, but for a start until the price level 1.227. SL - 1.218. Remember, there is no place for luck...
The price repeats the scenario of 2020, namely, after a fairly confident movement above the resistance level, it fell and continues to fall, almost reaching the same positions from which it began to grow in February (exactly one year ago) of 2020. However, the price is now at 0.860. During the growth last February, a correction began from this level and now we can...
Since September last year, the price has been moving in an upward trend and regularly touches the main trend lines of support and resistance. Now it is just at the resistance line at 1.419 and we can expect that the next step will be a fall to support 1.397. SL - 1.429. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
During the movement in the ascending channel, the price has already broken through several price levels. And now it has grown to the resistance level of 0.999. we can expect that it will reverse from this call or, in extreme cases, will break it to the channel line 1.001 and then fall to the price level 0.992. SL - 1.003. Remember, there is no place for luck in...
Despite the short-term growth, gold has not yet been able to break the downtrend, which has been going on since August 2020. It is understandable that the world will slowly climb out of the pit of the crisis, investors have felt a little stability. The other day the price has risen to the price level of 1815.89. And now we can expect that it will fall again to the...
The price has formed a triangle pattern (descending). We see the previous trend on the chart + trend lines intersect, while the support line is parallel to the coordinate grid + the price has already made more than 5 touches of the trend lines. It is now at the very "tip" of the triangle and is ready to leave the pattern. We can expect the price to break through...
The price dropped to support 1.257 after it was able to drop below the 1.262 price level. It has been moving along this line for several days (since February 19). And now we can expect that it is time for growth. Signs that indicate that the price is ready to rise: it has already dropped below the level of the start of the previous trend + fixed on the line...
Despite a small breakdown in mid-February, the price continues to move in the small upward channel that was formed in January 2021. Yesterday it just turned around at support 83.26, but stopped short of resistance. Now we can expect the price to rise to resistance and fall to support at 83.53. SL - 84.28. Remember, there is no place for luck in trading - only...
The price continues to move in an uptrend that it started in February this year. Last week, it bounced off the border of the trend and the price level of 1.204, and then continued its growth, simultaneously breaking through several price levels. Now it is at position 1.216 and has been showing good growth since yesterday. I am inclined to believe that the price...
The price did not return to strong growth after the completion of the head and shoulders pattern. It still shows uneven movement with very strong spikes and falls. Once again, pushing away from the price level 0.891, the price reached the level of 0.900, fixed on it and began to fall again. Now, apparently, another correction is taking place after which a new fall...
The price continues to grow steadily, which it began in November last year. at the same time, a breakdown occurred in January during which the price formed a smaller downtrend. but at the beginning of February it broke this trend, began to grow, and last week it returned to the main growing trend. So, we can expect that the price will rise to its upper border -...