As you can see, we are in a downtrend. It is likely that the downtrend will continue until support and then the trend line will be touched again or support will go up.
It is in a long-term uptrend channel and a line has delayed its uptrend. It is likely to hit the bottom of the channel again and then touch the roof of the ascending channel by breaking the trend line. Based on the stochastic oscillator, a death cross occurred, which is a sign of price reduction It is better to wait for the channel floor to touch or the trend...
We are in a long-term downturn that may touch the canal roof and then return to the canal floor or break the canal roof. Analyze simply and avoid crowds Be a deep sea, not an ocean on the surface .......
As you can see, we are in a long-term channel and an important support that has prevented the channel from falling to the bottom and the price may suffer for a while, but due to two consecutive attempts to break the channel, there is a possibility of returning to the bottom.
We are in an important position that if we lose, we will see a reduction in prices again, otherwise we will have to see a return to resistance .....
We witnessed the loss of an important support, which in fact we may see the touch of the second support, and from there we see a return and a rise in price.
We have been in a downtrend for some time and now at the top of the channel and at the bottom of an important support if this support is lost we will see a big price reduction and also if it can break the ceiling of the channel we have broken a strong downtrend line We will see good climbs
As you see In daily chart we have a double bottom and Gold is facing a strong resistance. we may expect a breakout soon however if Gold cant break this resistance we may face some corrections. The first target would be 1775. . trade carefully and have stop loss for sure
Hits support, oversold, and hit 61.8% fibonacci lines, Pull backs? (Not financial advice)
AUD has been inconsistent with its strength over the past few days, one day its strong fundamentally and then the next its weak, but its not as weak as the JPY which is the weakest currency and has been for quite a while. so despite the inconsistency with the AUD fundamentals are still to the upside so we will only be interested when price breaks its daily zone to...
We expect the price of gold to reach $1694, a price at which it would reach above the support established by the various lows set months ago. ⚠️SIGNAL ...
Expecting the bulls to come in from this consolidation outside the descending channel.
CADCHF reaches its weekly trend resistance. a selling opportunity with a good risk-reward ratio.