And so, Silver is confidently going down within the descending channel. The push of sellers is expected to continue. The price, most likely, would slightly correct at the beginning of the week, and then continue the downward movement within the channel.
And so, during this week it was predicted that the price would still go down to the range of 1.17530 - 1.18025, and would not stay at its upper border. In this range, the price potentially has good support from buyers. It is unlikely that the instrument will be allowed to go down any time soon. Remember, there is no place for luck in trading - only...
Well , Target Reached ... Last Analysis in 8th September : Well, considering that the price has lost its dynamic support and had previously reached its highest level in history, it seems that the price intends to make a correction, our first correction target is 4477 and if this support is lost , The next static support is 4418 . Of course, now the price has...
Well, as we can see, the price has lost its strong static support, and with the good statistics that were announced today for the dollar index and caused the dollar to grow, we can still expect the price to fall further with the start of the New York session. The range from 1740 to 1745 can be a powerful PRZ. OANDA:XAUUSD ⚠️ This Analysis will be updated ... 👤...
Hello Fellow Traders, here's your free outlook for XAUUSD! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D XAUUSD is breaking out of the bullish flag pattern. Breakout of flag pattern is indicating the possibility of upward movement to the target or resistance area. The roadmap will be invalid after exceeding the...
And so, the situation is "50-50". Yesterday the instrument left the expected range of price movement, but by the end of the day it returned to its upper border (1.18025). For a fall, the price needs to consolidate at least below the level of 1.18025. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
We have a double bottom here among other ways of looking at it and it's all bullish the next major event should be a break of the neckline and a huge move up perhaps even beyond the measured move up to the 100s
As we can see on the chart, we still expect the price to fall and it is better to look for Short positions on this symbol for the next week. FX:AUDUSD ⚠️ This Analysis will be updated ... 👤 Arman Shaban 📅 12.Sep.2021 ⚠️(DYOR)
- Gold prices edged higher on Thursday but remain below key resistance levels. The yellow metal was able to remain buoyed as the dollar dropped and the Euro rallied following the ECB decision. The key item was Lagarde arguing to the market that a decision to slow the pace of asset buying under the institution’s pandemic emergency program didn’t amount to...
And so, the instrument is located between the levels 1.42100 - 1.35690, which, respectively, are the key lines of resistance and support. The medium-term movement of the GBPUSD depends on these levels. At the current stage, there is a suspicion of the formation of a "triangle". Most likely, the price will be within the limits of this (possible) formation. In...
And so, GOLD would test 1769, there is strong support there, the sellers will be stopped at this level. To continue the upward trend, the full protection of the level 1769 is required. Breaking down of this level will not have a good effect on purchases. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
And so, given the strength of the US dollar at the moment, as well as the fact that oil prices are likely to decline in the near future, the Canadian will weaken. The 1.26320 level is a good starting point upwards. The first expected target is located at the level of 1.27339, then, potentially, nothing should prevent the price from reaching 1.284460. Remember,...
The momentum indicator for silver has formed a decensing wedge, which normally break to the upside
Hello Traders, here's your free outlook for CADJPY! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :) ! CADJPY already impulsively rejected multiple rejection area. Recently, CADJPY has broken the lower trendline of rising wedge pattern. The momentum indicator is also pointing downward in the neutral area, indicating that...
And so, the bullish sentiment remains for GOLD, but in the near future the price range will be the zone 1830.495 - 1812.325 (possibly expanding the range to 1794.835). The next expected target is 1865.695. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
And so, for the expected hike up EURGBP, the price needs to overcome the level of 0.85830. Further, the main resistance will be the downtrend line and the level of 0.86400. In case of successful breaking through of all the indicated zones, the price will undoubtedly rush to 0.87120 and higher. Remember, there is no place for luck in trading - only...
And so, the market is patiently waiting for the long-awaited level of 1830. It is important to know how the price will react at this level, and it will be possible to think about the further advance of gold. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
And so, SILVER is definitely in a downtrend, but at the same time, the buyer does not let the sellers relax. The expected price increase between 23.94530 and 24.21240 will give more confidence in a possible breakout from the downtrend channel. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments