In my opinion, gold will go down until 1932, then 1928 and 1918, and to break its historical ceiling, it will return until 1980. Reaching the first TP is stronger.
Gold price (XAU/USD) is hovering near the edge of $1,950.00 after a sheer sell-off in the Asian session. The Gold price is expected to extend its losses as higher oil prices after OPEC+ decision of contracting production has renewed fears of a rebound in the United States inflation. Higher oil prices are likely to force factory owners to hike the prices of...
Suggestion: sell transaction below 78.65 point with first profit tick 77.56 and second profit tick 76.88
Alternative offer (if the price trend changes) Once the price penetrates above 78.65, the price will first start its movement towards 79.31 and then 79.76.
Suggestion: sell transaction below 78.65 point with first profit tick 77.56 and second profit tick 76.88
Alternative offer (if the price trend changes) Once the price penetrates above 78.65, the price will first start its movement towards 79.31 and then 79.76.
The 4-hour chart of GBP/USD shows a bearish structure. Especially since the pound-dollar currency pair is under the Ichimoku cloud.
If the recent downtrend continues and pound sellers enter the market, the pair could fall to the first support at $1.1967.
In contrast, there is a possibility that the British pound will return to the first resistance at $1.2182,...
Offer: sell transaction below the point 1865.00 with the first tick profit of 1853.00 and the second tick profit of 1846.00
Alternative offer (if the price trend changes) Once the price penetrates above 1865.00, the price will first start its movement towards 1872.00 and 1879.00.
