aleksandr_shirin

aleksandr_shirin

Oil has a good chance of rising to new heights. At the moment, there are only two obstacles - resistance levels 94.30 and 96. Both resistance levels could be critical for long-term growth. Support at the moment is level 92. In general, this existing support and resistance will determine further price behavior.

aleksandr_shirin

At the moment, the technical picture is as follows: after stopping at the level of 1915, gold, without desire and without enthusiasm, rises in small steps in search of the next resistance level. The nearest resistance is located at 1930.50. The support level remains the same at 1915. For now, you can relax, stock up on popcorn and wait for the next moment that...

aleksandr_shirin

Not long ago I wrote a review of the chart in exactly this form. And now I want to return to it again and draw your attention to some important nuances. An ascending Fibonacci fan is plotted on the chart. It is obvious to the naked eye that the fan lines were clearly taken into account in the price behavior. It is also clear that the first and second were unable...

aleksandr_shirin

The intermediate goal of 1915 was achieved. Here, many short positions were closed. By the way, my sales, which I wrote about earlier, also closed here with a small profit. Now everyone needs to gather their strength. I think there may be some local upward movement after the (possible!) breaking through the level of 1920. Next, most likely, there will be some...

aleksandr_shirin

Gold encountered support near the 1925 level. If within the next 2 hours gold quotes pass the resistance of 1930.50, an increase to approximately 1940 will be possible.

aleksandr_shirin

Currently, gold quotes are between two local levels. Support is the level of 1927.89. It is still far away, but nevertheless, a breakdown of this level can seriously affect the current picture. After this breakdown, it will be possible to say that in the medium term the fate of the asset is already predetermined. The role of resistance now belongs to the level of...

aleksandr_shirin

There appears to be a huge gap in knowledge and experience on Wall Street. The last time American finance operated in an environment of high inflation and high interest rates, like the current economy, was almost 40 years ago. This means that most of today's executives, who came in during the era of easy money, are unfamiliar with the complexities of running a...

aleksandr_shirin

All attempts by gold to rise from the end of June to today failed to achieve any significant success. Today, too, immediately after the publication of data on retail sales in the United States, quotes clearly fell towards the recently passed level of 1930. Of course, we all analyze trends differently and form an assessment of trends, but when assessing the...

aleksandr_shirin

The euro/dollar pair is now heading towards another test of the 1.0640 level. It looks like the release of US retail sales data was the trigger for this movement. At the same time, it looks like 1.0670 could become an intermediate barrier to the fall. At the moment, there are no fundamental data to support the euro in its current positions.

aleksandr_shirin

Colleagues at fxstreet.com published the following article at the end of the previous week: Anticipation of the Fed's commitment to tighter monetary policy, potentially involving further interest rate hikes or tightening measures, is expected to dissuade traders from taking bold positions in non-yielding assets such as the yellow metal. Monetary policy decisions...

aleksandr_shirin

This is not the first time in more than 10 days that gold quotes have tested the strength of the 1926 level and retreated without achieving success. In my opinion, buyers have long given up leadership to sellers. I think the biggest success for buyers, which will most likely be expressed in a breakdown of the 1900 level and consolidation below this level, is yet...

aleksandr_shirin

I want to share with you one of my finds. Some time ago, a friend of mine recommended paying attention to nonlinear indicators. Unfortunately, I didn’t find such indicators here and I don’t know if they exist yet. And if there is, I don’t know how to distinguish them from others. As it turns out, there are quite a large number of nonlinear indicators. Their main...

aleksandr_shirin

The previous forecast for index growth turned out to be successful; the target of 45.40 was achieved. Immediately after this, I expected that some consolidation would begin and growth would continue after it. Now we see that the index is returning to the support of 4440. I doubt that it will be broken, but we need to be patient and we will soon see exactly how...

aleksandr_shirin

There is certainty in the gold market. The bears have seized the initiative and with a high probability this initiative will remain with the bears for some time. Today sellers managed to get past the support at 1915. I think the downward movement will continue and there is every chance that the price will reach 1880.

aleksandr_shirin

The index has not yet reached 4500; my position remains open and is currently in a slight minus. I hope that the level of 4470 will once again withstand and remain sufficient support, and the growth will continue. This is what I think should happen.

aleksandr_shirin

I have no doubt that this will not be news to anyone, but nevertheless, the main growth of BTC, according to many experts, happened like this. Once upon a time, a huge amount of illegal capital accumulated throughout the world. And the ways to legalize it became fewer and fewer. I'm not saying that this is what cryptocurrency was created for. But it was...

aleksandr_shirin

After the previous review, the index broke through 4470, went up a little, rolled back slightly towards 4470, bounced back and intends to grow further. Until the next level of 4500 and further until the September high around 4540 there should be no serious obstacles to the upside. Everyone knows the basic rule of American investors: “buy and wait.” So, it looks...

aleksandr_shirin

There is a new local maximum on the oil chart. And as a result - new technical levels. Resistance 3 - 92.88 Resistance 2 - 91.94 Resistance 1 - 91.17 Pivot point - 90.23 Support 1 - 89.46 Support 2 - 88.52 Support 3 - 87.75 I still consider level 87 to be the target of the current movement. Due to the fact that changes on the chart have been happening quite rarely...