During a sharp growth spurt, price was able to break through the 1.192 support line.
Then he returned to her, consolidated.
And once again it rapidly rose to the resistance line of 1.208.
This line has been on the chart since October 2019 and provides strong resistance, preventing the price from moving higher.
Pus needs to...
As I said in my previous forecast, the price went up from the support zone.
However, having passed half of the target, it fell again and consolidated in the zone.
This movement can be interpreted as correction and consolidation in the zone.
Now I expect growth again, as this zone has...
In early December, during a strong growth, the price broke through the support line 125.337 and continued to grow.
I expect it to complete its rally when it touches the resistance level.
This is a historically strong level.
The price moves along it, sometimes above the rounder, using it as a support, then below the level - as recently.
If you draw a line between...
The price dropped in the direction of the support line, as I said in my previous forecast.
After the fall, without touching the support line yet, the price corrected (short growth) and is now ready to fall again.
The support line to which the price is moving is young (October 2020).
But after the...
My previous gold forecast continues to come true! Having already brought us several hundred p. Profit!
First, the price broke through the support zone and started to grow.
Then the buy signal worked out...
In November, there was a strong price collapse, but now it is again moving in an upward trend.
The trend is corrected by the resistance line (August 2020) and the support line (September 2020).
Yesterday the price came to the resistance line 3678.2 and started to fall.
I expect that the fall will continue and during its...
The price began to form the movement, which we discussed in the previous forecast, but worked out the correction back to the resistance line.
However, I continue to expect the price to fall from this line.
Since the retracement line that the price approached is very strong, it...
In March 2020, the price began to move in an upward trend, forming a corresponding channel.
During this entire time, it moved between the channel lines with practically no breakouts.
But starting with the price lows, a support zone was formed.
And every time when the price got into this zone, it reversed and started to...
The price is moving in a long downtrend and recently managed to break through the support zone (but immediately rose again).
The zone is formed by two lines, one of which is very strong - 2019.
The second - July 2020, however, also corrected the price movement more than once.
After the breakdown of the support during the...
Since the beginning of September, the price has dropped significantly.
The fall was strong and prolonged.
And only at the end of September the price stopped and started an upward trend.
During which it formed a support line (first touch in the area of 134.496).
The first touch occurred in October and since then the price has regularly turned upward, touching...
As I said in my previous forecast, after breaking through the upper support line, the price pulled away from the next one (1733.22) and began to grow.
Right now, the price is on the support line 1786.15. Together with the near line, it forms a strong support zone. Since one of the...
After a strong impulse at the end of October, the price rose rapidly.
It came to the resistance line at 29865 and then entered a small upward channel (formed by this line and the support line).
During November, the price moved in this channel.
Recently, it pushed off the resistance line and began to fall, but before reaching support it started to grow again.
Can you see the green light turn on? Cross the road. Can you see it raining outside? Take an umbrella. Do you see that there is a formed pattern on the currency chart? Analyze the market, specify which pattern it is, predict the price behavior, spend your profit.
A pattern is a graphical figure on a chart created by repeating price combinations and displaying...
The price touched a strong resistance line at 1.197.
One of the first touches of this line occurred in November 2019.
And since September 2020, price has never broken through her growth.
During today's trading day, the price moves close to the line along it.
However, I expect that she will not be able to break the line.
For the last three months, price movement has been corrected by the support level and the resistance line.
The price is in a downtrend. Its fluctuations between the lines are reduced.
If we extend the lines, the price will fall into the triangle pattern.
Remember that minor breakouts are acceptable.
However, while the price...
At the end of 2019, the price came to the support line of 1. 665 and after that it rapidly rose to retrace to the annual high of 1.992 - this was the spring of 2020.
From that moment on, the price began to fall.
During the fall, it was able to break through several zones and resistance lines.
However, now the price has come back to the support line. Has not...
My last predictions for this pair (September, October and November) came true.
the price made 2 false breakouts of the strong resistance line and then dropped to support.
After this target was reached, the price moved up to the resistance...
During the downtrend, Gold was able to break through the support line 1782.28.
And fall to the support line 1764.61.
Both of these lines of support are very strong - one was formed in 2019 and the other in 2018.
Together they form a support zone and I expect that the price will not be able to fall below the second line.