GOLD is gravitating toward the major support level at 1900. The market broke and closed below the consolidating zone. It is making lower highs and lower lows, and if the market pulls back to resistance, we look for selling opportunities. Price action is creating AB=CD, where D completion is right at the 1900 support level. We expect a pullback and continuation of...
GOLD is making lower highs and equal lows, indicating bearish pressure. The market might retest the resistance as well as the trendline. If price action breaks or closes below the support level at 1940, the market can fall to the next major support. We expect a selling opportunity at the resistance level if the market rejects it.
I spotted a peculiar falling trend line on Gold on 4H time frame. It feels like the price is forming a head and shoulders pattern, respecting that. To short the market with confirmation, watch the neckline of the pattern on Monday. If the price breaks and closes below 1953 on 4H, it will confirm the initiation of a bearish movement. A bearish continuation will...
In my idea before ...i say gold can rise.. From bottom area gold already rise to the base And we can see price pullback yesterday so deep. After pullback gold will more higher from now.
Eth dar satah kheili mohkami gharar gerefteh v az in nahieh be ehtemal ziad rizesh darad
EURUSD is oversold territory and major support level on the higher timeframe. Price created a massive divegence on the 4H chart and this indicates that price might make sharp bullish move. We anticipate a double bottom of the support level as entry signal.