Let me remind you that we considered the price movement in the global growing channel, which has existed since February last year. However, in early January, the price came to the resistance line - the upper border of the channel - 1.234, after which the decline began. During this fall, the price formed a downward channel. And as a result, falling in this channel,...
The price is now in a very important area - the support area, which consists of the main lines on the chart. The first line is the border of a small descending channel, which was formed in December 2020. The second one appeared in May 2020. And the last one is the oldest, the first touch of which happened in September 2019! Despite the fact that after the false...
As we remember, the price of this asset has been falling for a long time. The fall began back in June 2020, and despite the support of the line formed at the same time, the price did not stop until February of this year. At this time, it broke through the resistance level 0.866 and the support line 0.869. However, then she returned to the line. The price movement...
During the growth in the uptrend that began in January last year, the price rose to the strong-legged resistance level of 0.974. In December, the price was able to break through this level and moved above it for some time. But in the end, in March, it fell again, broke through the level, fixed on it and continued to fall. The fall in the price stopped only at the...
The chart now shows two main trends that affect the price movement. The first - senior - is an uptrend that formed in June last year on the basis of the support line. The second is the descending channel, which has fallen short not so long ago - at the beginning of this year. And after at the beginning of the Marat, the price broke through the resistance line of...
As you remember from my previous forecasts, I expect the price to fall. And today I continue to speak of falling, although the price has been holding in the resistance zone for two days. Let me remind you that it consolidated near this zone two days ago at 1737.31. Then it continued to move in the zone, dropping to point 1734.56. Such indecision of the price...
As we remember, the price is moving in a global growing channel, which originates in the last year's fair. And while we consider all price fluctuations within this channel. At the beginning of 2021, the price came to its upper border of the resistance line 1.236, after which it began to fall. This movement formed a small downward channel in which the price moves....
As you remember from my previous forecasts, I expect the price to fall. And today I continue to speak of falling, although the price has been holding in the resistance zone for two days. Let me remind you that it consolidated near this zone two days ago at 1737.31. Then it continued to move in the zone, dropping to point 1734.56. Such indecision of the price...
As we remember, the price is moving in a global growing channel, which originates in the last year's fair. And while we consider all price fluctuations within this channel. At the beginning of 2021, the price came to its upper border of the resistance line 1.236, after which it began to fall. This movement formed a small downward channel in which the price moves....
This week the price managed to break through the strong resistance line at 1.382. This line appeared in December 2018 and this breakout is very important for further price movement. Since it is the moment of the price return for the line after the breakout that took place in early February at the point 1.376. Despite the breakouts and fall, the price still keeps...
The entire price movement over the past year is due to the presence of a strong support line on the chart, which appeared in March 2020. After the price broke through this line at 0.622 in June and rose above it, the line gives the price good support. During all this time, there were three main touches. First, a breakout, then the price came to the line in...
We continue to observe the formation of a fall in the price of gold. Let me remind you that yesterday we expected that the gold will reverse from the resistance line 1751.13 and begin to fall. And so it happened. The fall began for several reasons. Firstly, this resistance line is very strong - it has existed since August a year has passed and, despite the...
To begin with, I want to remind you that the price has been moving in the global ascending channel since February last year. And at the beginning of this year, it touched the resistance line of this channel at 1.233, after which the process of falling began. This fall also fits into a small downtrend channel that formed in October last year. For us, the most...
We continue to observe the formation of a fall in the price of gold. Let me remind you that yesterday we expected that the gold will reverse from the resistance line 1751.13 and begin to fall. And so it happened. The fall began for several reasons. Firstly, this resistance line is very strong - it has existed since August a year has passed and, despite the...
To begin with, I want to remind you that the price has been moving in the global ascending channel since February last year. And at the beginning of this year, it touched the resistance line of this channel at 1.233, after which the process of falling began. This fall also fits into a small downtrend channel that formed in October last year. For us, the most...
After the price was able to break through the support zone near the level of 0.918 in early March, it rose strongly and eventually came to the resistance zone at the 0.936 line. This line was formed in 2019 and after the first touch, the price collapsed back to the support zone. However, moving between support and resistance, the price rose again to the 0.936...
This week we have seen a strong price collapse from the resistance line 1.393. This line appeared on the garfic in December 2020. During its existence, there was one strong breakdown, but after its completion, the price fell again, returned behind the line and continued to fall to support. Now the price is not far from the strong support zone of 1.367. This zone...
We continue to watch the price movement during the fall. As we remember, the price has been moving in an uptrend for the last weeks, which takes its beginning along with the trend lines in October last year. During the growth in the trend, the price came to the strong resistance zone of 0.723, where the strong level is. After that, it fell, broke through the...