still in down trend we can buy from resistance level at 0.90500 -- 0.90100
Gold formed a new resistance level is 1980 And form a bullish triangle pattern You can buy gold after breaking through 1980 and hold a four hour candle
As you can see, the dollar index has penetrated important levels of the Fibonacci levels, which are 78 and 50 quite easily, and it is heading to the 23 level at 92 This level is very important when breached it will descend to 89
The general trend is to the upside However, there is a break of the uptrend at 0.38 Fibonacci level at 1.83100 This break could be false if it breached the 0.38 Fibonacci level and continue up towards the uptrend Attention please, and do not go long unless you break 0.38 and hold a four hour candle above it
technically We notice the rise in the price after reaching Fibonacci levels 0 at 61 and the downtrend ending after forming a bottom above a low and the beginning of forming an uptrend The price is now based on strong resistance and the Fibonacci levels at 0.23 at 86 It is possible to buy from this price, especially after breaking the Moving ravage Line 200
Currently the price is at the lowest levels There are two buying opportunities, the first is waiting for the price to descend to the Fibonacci level 0 or close it and buying from the price 9 or 7. Either in case the price breaches the downtrend and exit from the 0.23 Fibonacci level, buying from 14.5 and consolidating after breaking the Moving average Line 200
The pound dollar is based on a very important resistance level Above 1.283 it is for BUY Below 1.274 it is for SELL The selling scenario is stronger to build on the uptrend
The price stabilizes at the 50% Fib level and does not break it with a full four hour candle and build a bullish flag pattern Supports buy
The downtrend has broken and retained the base several times, as the price managed to exit from the resistance level at 106.770 and retested BUY in the event of a full day candle above the level of 106.770
Gold is in a steady state above the trend line and remaining at the upside channel level, it is still to be bought buy attention to money management and do not trade on Monday
Waiting for confirmation to stand above the trend line with a full daily candle and enter a buy