🥇Gold all as planned. 🥇An update of my scenario on gold. 🥇That's how I last wrote about the upcoming correction in previous posts. Link below: 🥇As you can see the declines have arrived and it's time to zoom in again on the nearest support and resistance zones which I think will play a key role in the coming days. 🥇Starting from the support zone determined by...
Our preferable scenario changed after the price of CL went below $76.20. To complete the downward movement, the price may drop below $70. A rise above $79 will resume the upward move and cancel our view.
🔥Natgas is gaining momentum. 🔥In the current post I would like to give you an overview of my current upward scenario on Natural gas. 🔥As you can see, for a good few weeks the price of natgas has started to rise again. 🔥Big upward impulses are preceded by small corrections. 🔥The level I intend to see is around 8.2 🔥The price level stems from a resistance...
🥇GOLD time to make a profit 🥇Post is a continuation of my post on gold in which I announced a correction: 🥇This time it is time for an update and in my opinion we will continue the decline. 🥇I set the support zone by the 0.382 level of the whole upward wave. 🥇I determined the resistance zone based on past price reactions. 🥇There are 2 scenarios that can play...
🥇GOLD, Will continue the trend 🥇Looking at the current situation and the fundamental environment, it seems to me that the continuation of the uptrend scenario is very likely. 🥇Looking at the fact that we have broken out of the downtrend channel it doesn't even look like we are going to test its edge, this only confirms me in my uptrend scenario. 🥇We are...
🛢️USOIL Attention we are falling! 🛢️ So we are falling after all. 🛢️I took this scenario into consideration looking at the length of the current trend. But I thought that a correction at the double bottom could occur. 🛢️This time I will give you my downward scenario for usoil. 🛢️The support zone to which the price could go is a cluster of two levels. 1.272 of...
🛢️USOIL A powerful buyout. 🛢️This time I come to you with a real gem. 🛢️OPEC is likely to remain with production cuts. Which may cause a lack of strength for further declines. 🛢️Ahead of USOIL, an opportunity to make a large upward correction has opened up. 🛢️All thanks to Monday's move. 🛢️The price at the very beginning of the European session and at the...
🛢USOIL Strong support, watch out for increases. 🛢As I predicted in the previous post the dips, this time it is time for an upward scenario: 🛢We are at a key point in the level. 🛢A strong support zone determined by the 0.618 level of the entire upward wave and the points where the price has reacted in the past. 🛢Also we are at the lower edge of the downtrend...
🥇Gold Attention falls! 🥇As I wrote in a previous post on gold about the declines, link below: 🥇There has been a breakout from the distribution I wrote about. 🥇We have also broken out of the uptrend channel. 🥇The nearest strong support zone is the 0.236 cluster of the entire upward wave and the outer 127.2 of the last upward impulse. 🥇Please watch this level...
🥇Gold important level before declines. 🥇Gold didn't bring us much news today, the price once again tried to oscillate at the current peaks, while making 2 attempts to enter higher levels which ended in failure and a price slide 🥇I think we are currently at an intervening level if we were to talk about dips. 🥇We are at the level of 0.618 of the whole downward...
🥈Silver's time for falls. 🥇Gold has already been mentioned so now it's time for silver. 🥇Link to posts about gold: 🥈In my analysis of silver I used several tools to catch key price points. 🥈At the very beginning I marked out a downtrend channel, as we can see we are very close to the upper edge and knowing that there is no rule that the price always reaches...
🪙GOLD A correction and then a continuation of the increases? 🪙Another technical look from my side. This time on gold. 🪙As in my last post on gold I predicted the increases perfectly: www.tradingview.com 🪙This time it was time to play for a correction. 🪙I will break down all the tools I used in turn: 🪙1. a downward channel from peak to bottom. 🪙2. fibo...
🥇Gold where will it fall? 🥇Post is obviously an extension/update of my last post, if anyone wants to get a broader perspective I encourage you to read it. Link below: 🥇This time the legacy I'm playing out, I'll put it in closer perspective. 🥇But one step at a time. 🥇First, I have mapped out the uptrend channel. Of the current upward momentum. You can see...
🥇GOLD increases on the horizon? 🥇As in my previous post on gold I predicted downtrend correction: 🥇This time we change direction and set our sights on an uptrend correction 🥇Gold showed strength on Friday last week. Breaking out of its local minima by a full 4% 🥇In this case, can we speak of the start of an upward correction in a downtrend? 🥇The downtrend...
Technical Analysis: As you can see, there exist a hidden Bullish Divergence with MACD which is the sign of bullish trend continuation as Copper has started its bullish wave since March 2020. It is moving in an ascending channel. We draw Fibonacci retracement from the low to the top of last impulsive wave which are defined as the Fib levels on chart. The commodity...
🪙GOLD Continuation of declines 🪙Quick play 🪙Gold has been in a downtrend for some time now 🪙Gold has been in a sideways trend for a few days now 🪙There is a high probability of declines to the 1643 levels of the cluster 2 fibo levels 0.236 and 0.786 measuring the largest upward wave and correction 🪙Taking entry now at 1657 level Stop is set at 1667...
🪙 Gold ready to fall, quick analysis 🪙 In today's analysis, we will again look at gold this time on the 1H interval which, for me, has performed many confirmations of weakness. 🪙 Starting with indicators which all generate downward signals, ending with the fact that we are under key moving averages. 🪙 I encourage you to read the previous post on gold and...
in case the price will go back to level 1730 I think it will be good opportunity to take a sell position. * advice ( keep watching with no act until the market come to your trap )