bfennec

bfennec

EGLD for the next Bull Run

bfennec Updated 

The GOLD between two critical level 1745$ and 1680$ 1) If the level 1745$ breaks with a strong volume then probabaly the gold will go in the direction to hit the level of 1800$ following the up trend 2) If the gold lose momentum, then may hit the 1680$ or lower to the 1640 $ resistance level The next days are going to tell us wich scenario are going to...

bfennec

A strong probability that the price will rise to 0.8 $ if the buyers break the level of 0.618 But if the sellers break the the level of 0.533 $, wich is a strong resisatance level then we are going to see a big drop down maybe to 0.3 level

bfennec

According to the up trend, and the volume since yesterday and today, I see a big probability for a correction before the price goes up again

bfennec Updated 

As you can see since a year the price of Gold rise in a channel, gold goes up and down between this channel, and since two days he touched the up of the channel, even in the middle of march when he went below the channel due to the actuel crisis, he was able to rise to above the channel, and to return to his natuel evolution