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.❤️
Hello traders ,what do you think about GOLD? Gold is moving in a long-term bullish channel that is now in the middle of the indicated channel. It is expected that with a little fluctuation in this area and correction to the specified level, it will start the upward movement to the top of the channel If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about CHFJPY?This currency pair is under the resistance zone that it has failed to cross several times. It is expected to drop to the specified level with a little fluctuation in this area. If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about GOLD? Gold is still involved in the resistance of 2075, the overall trend is still upward, it is expected to correct at least up to the specified level; before climbing to higher targets. If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about USDJPY? Yen performed poorly last year due to the policies of the Bank of Japan and was constantly weakening. Recently, due to the possibility of changing the approach of the Central Bank of Japan, it has gained some strength, which is expected to continue in the new year.This currency pair has also broken the long-term...
Hello traders ,what do you think about EURJPY? After breaking the trend line and the support zone, this currency pair has completed a pullback to that zone. It is expected to drop to the specified level after a little fluctuation in this zone. If this post was useful to you, do not forget to like and comment.❤️