Lingrid

Lingrid

The price perfectly fulfills my last weekly outlook. The gold market went up, then fell from the resistance due to economic factors forming a fake breakout. The market rejected the resistance, then made an impulse leg down. I think the market will move downward or range because markets usually go range after impulse movements. On the other hand, we have a huge...

Lingrid

The market fell from resistance by breaking out the upward channel, it failed to update its highs. The market has broken through support level at 0.64500 and swing zone. It's forming a pullback after impulse leg down. Price has bearish momentum and I expect the pullback then move down from the swing zone and channel's border. My target is recent support level at...

Lingrid

The price made impulse leg and reached the support after news release. It hit the level I forecasted on Monday. The market broke through the support level that became resistance zone. The price formed big red candle before breakout showing the strength of the level. If it pulls back to resistance zone and rejects it, then we might see a further downward move or...

Lingrid

The price perfectly fulfills my last idea. The price pulling back from the resistance zone. After making an impulse move at the resistance, the market ranged before a divergence. I think, gold might make a pullback to test support from the resistance or it could range between 1925 and 1937 zone. I expect downward move from at the resistance. My target level is...

Lingrid

The market broke through the range zone. It has broken through the support level and made impulse move down. The price is forming lower lows and lower highs. I look forward to testing the swing zone and rolling back towards support from resistance by rejecting the resistance zone and channel border. The main is trend is bearish. My goal is to support at...

Lingrid

The price perfectly fulfills my last idea. The price bounced off the resistance zone. The market is pulling back from the support level. However the market is in bearish trend on the 4H timframe and it broke and fixed below the 1.07000 support level. It made fake break out. I think the market may test the level at 1.07000. If price reject the this resistance zone...

Lingrid

The price perfectly fulfills my last idea. The market is heading toward the resistance. The price broke through the downward channel after forming double bottom at support level. I think gold might pull back down from the resistanace zone and upward trendline. The market may test the level at 1940 level and rejection of it, potentially can lead to bearish move. I...

Lingrid

The price perfectly fulfills my last idea. The market fell from resistance zone and hit the target level . The market fell from resistance zone and broke through support. The price updated its lows and fix below support level 1.66000. The market rejected the resistance. Price is rolling back to swing zone that was test multiple times before. I expect fall from the...

Lingrid

The price is heading towards the resistance as I wrote in my last post. The market tested the support, then started moving upward slowly. The price previously broke and fixed below the range zone or triangle pattern. I think the market might go down from this level if the price make a fake breakout. If it rejects the the resistance and border of the descending...

Lingrid Updated 

The week ended with the bullish formation of a large candle closing above the two previous day highs. This suggests that we might see some bullish moves next trading week. It is worth noting that the U.S. dollar index is rising; however, it seems the correlation between gold and DXY recently weakened, as it will occasionally. Next week, I expect a mostly choppy...

Lingrid

The price has tested the resistance zone, and it formed a double top after the 2 attempts to break the zone. The market has not updated its highs yet. On the daily timeframe, the market is bullish. You can see that the market is barely updating highs, and this suggests that the market may pullback from the resistance zone. Overall, the market is slowing down...

Lingrid

The market broke through range zone and made new extension down. The price is heading towards the main support at 1.06000. I look forward to pullback to the resistance zone and if price makes a fake break at support (weekly low) level, I think price may bounce off the support because price made big bullish move from this support and the price shows divergence. I...

Lingrid

The price perfectly fulfills my last idea. The price reached the target zone. The market bounced off main support, and it updated swing highs but could not update its lows. Price action basically forms a triangle pattern, which causes a price squeeze. I expect the price to go to resistance and breakout the downward trendline. My goal is resistance at...

Lingrid

In the world of the forex market, having a trading edge can make all the difference between success and failure. A trading edge refers to a set of unique advantages or strategies that give us an increased probability of making profitable trades. It is the secret weapon that separates the winners from the losers in the highly competitive trading arena. In this...

Lingrid

The price perfectly fulfills my last idea. It hit reached the target zone. The market quickly pulled back to the resistance zone after news release. The market made correction against main trend. I think it might go down to retest the support level because the trend is bearish. I expect some retesting of the support because the gold made 1/3 retracement of the...

Lingrid

The price perfectly fulfills my last idea. The price in the uptrend. The market formed a triangle pattern later it broke through. On the daily timeframe the market is moving towards the strong resistance zone. I am waiting for a retest of the support level and buy confirmation. My target is resistance zone and trendline at 148.500 Traders, if you liked this...

Lingrid

The price perfectly fulfills my idea that was posted on Monday. It hit the target area. The price made lower low and broke through the range zone and made strong impulse move toward support level. If it pulls back to resistance zone and rejects it, then we might see a further downward move or retest the recent support. The DXY broke the resistance and made higher...

Lingrid

The market tested resistance and fell after forming double top. The price formed range zone then broke throught it. I think it might gow down to test the main key support at 1900. On the 4H timeframe we have strong support level where price made impulse leg up. I think the market can fall even below the 1900 support. Let's see how it goes. My goal is the key...