maadoo

maadoo

After the prices slightly down searching for a support, it gained a good momentum from the bullish channel bottom board to rise again scouring a new high at 103.620. The Main direction for the medium and long periods remains bullish and it may scour new highs around 106.880 area, But that relay on the stability of the channel's bottom line. As if the price was...

maadoo

OANDA:XAUUSD the bulls struggling to stop the price bearish movement Now that will depend on the stability of the support 2,605.00 if this support prevents the negative price movement, then it more likely to try to pass the previous top @ 2,721.00 to target then 2,790.00 But if the price breaks done 2,605.00 then it may target lower supports starting 2,540.00

maadoo

After a wide bearish trend that toke control since Sep 25th to push down the euro prices to reach 1.03314 as the lowest price for 2024 so far, the bulls are trying to get back control to push the price up, as the chart shows during this struggling the formation of a reflecting pattern "Head & shoulders" for the bearish trend which will be confirmed by stabling...

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After gold prices hit $2.560.00 it gained a strong momentum pushing it up to hit 2.673.00 as the first target for this bullish movement. price might hold a pit within this area but its more likely to continue the bullish momentum targeting 2.740.00 if the price got any reflecting signals it may fall again to hit 2.540.00

maadoo

Gold might go slightly down searching support Breaking the bullish channel bottom line may lead the price to 1890 If so its highly recommended to buy at this price