Hello traders ,what do you think about GOLD ?Over the past few days, the price of gold has fluctuated within the $2040 to $2010 zone. This precious metal has also broken its trend line in the 4-hour time frame. It is anticipated that following the completion of the pullback to the broken trend line and reaching the specified resistance zone, the price will fall to...
Hello traders ,what do you think about GOLD ?Gold once again hit the 2040 zone and failed to cross it as expected. It is expected to fall from this area to at least the specified levels The first support will be the level of 2020, when it breaks the next target is 2016, and when 2016 breaks, the target of 2002 will be available If this post was useful to you, do...
Hello traders ,what do you think about Bitcoin ?Bitcoin is moving in an ascending channel and is reaching the ceiling of the channel. It is expected that it will continue to grow up to the top of the channel after the news of the ETF's approval is published, and then it will start its correction process. If the specified resistance zone is broken, this analysis...
Hello traders ,what do you think about AUDUSD? This currency pair has broken its support zone and trend line and is now below it. It is expected to drop at least to the specified levels after completion the pullback to the broken levels. If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about GOLD ?Last Friday, gold hit our projected resistance zone but failed to break through, aligning with our expectations. Looking ahead, it's anticipated that gold will struggle to surpass this zone. We foresee minimal fluctuations within this zone, ultimately leading to a decline towards the specified target level. If this post...
Hello traders ,what do you think about GOLD? Gold has breached its uptrend line and is currently positioned below it. We anticipate that following the completion of a pullback to the recently broken level and reaching the resistance zone, it will likely descend to the predetermined level. If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about EURUSD? This week, the spotlight is on the upcoming release of the Eurozone's Consumer Price Index data for December, scheduled for Wednesday, January 17. Market analysts anticipate an annual inflation increase to 2.9%, surpassing the previous figure of 2.4%. This uptick could lead the European Central Bank (ECB) to delay...
Hello traders ,what do you think about GOLD? Gold has recently broken its downtrend line and completed a pullback. Additionally, the price is currently above the EMA-50. It is anticipated that, following some fluctuations in this range, gold will at least grow up to the designated target levels If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about GOLD?During the New York trading session on Friday, gold experienced notable volatility following the release of key news. Initially, the price dipped but subsequently rallied, ultimately closing at $2,045. Currently, the price remains steadfastly above the identified support zone, suggesting potential for further growth as...
Hello traders ,what do you think about GOLD ?Gold has breached the descending trend line and is currently positioned above the 50-day moving average. We anticipate that following a pullback to the recently surpassed level, gold will continue its ascent towards the established targets. Additionally, prevailing geopolitical conditions are likely to further bolster...
Hello traders ,what do you think about EURUSD? In the daily chart of EUR/USD, we are witnessing the formation of a Golden Cross pattern, where the 50-day Moving Average (SMA 50) has crossed above the 200-day Moving Average (SMA 200). This pattern is recognized as one of the strongest bullish signals among the technical trading community and could indicate the...
Hello traders ,what do you think about GOLD? In the 1H, the momentum of gold is downward, the price is below the EMA-50, and it has broken the trend line and made a pullback. After a little fluctuation in this area, it is expected to drop at least to the specified level. If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about EURUSD? This currency pair is currently trending within an ascending channel. It is anticipated that upon reaching the highlighted resistance zone, the pair will undergo a correction towards the channel's lower boundary and the designated support area. Subsequently, it is expected to rebound upwards from this level. If this...
Hello traders ,what do you think about GOLD ? With the publication of NFP data which led to the strengthening of the dollar index and the growth of bond yields and the fall of gold, gold is expected to continue its correction until the bottom of the ascending channel, which is also the intersection of the EMA-50, and then Grow from the specified zone. If this post...
Hello traders ,what do you think about GOLD ? In the 1-hour gold chart, we're observing a downward market momentum. The price is currently below the 50 EMA (Exponential Moving Average), reinforcing a bearish market structure. The price has now approached the 38% resistance level, coinciding with a downward trend line and a resistance zone, suggesting potential for...
Hello traders ,what do you think about EURUSD ? This currency pair is moving in an upward channel, which fell in the last few days after reaching the ceiling of the channel and creating a negative divergence, and broke its support level. It is now expected to drop to at least the bottom of the channel after the pullback to the broken zone If this post was useful...
Hello traders ,what do you think about GOLD ? In the daily gold chart, the price is in an upward channel and the long-term trend of the market tends to rise. In the last days of the year 2023, the gold tried to climb for the last time in the year and moved up to the price level of 2088 dollars and then entered into correction. The price is still above the...
Hello traders ,what do you think about GBPUSD? This pair is located below the resistance zone, also a negative divergence is seen in it, on the other hand, weakness in the movement is also seen in it. Here are the two bearish scenarios that are shown in the chart If this post was useful to you, do not forget to like and comment.❤️