Since December last year, the price has been moving in an arbitrarily strong upward channel. It remains strong even in spite of the fact that the price periodically tries to break through the trend lines of support and resistance. For example, recently the price dropped below the support zone of 90.29. This zone consists of a trend line and a strong support line...
Gold, like the previous pair, is stuck in the zone, only in this case - the support zone at the intersection of the strong level and the support line from October 2020. The price is now at the point 1793.35. Let me remind you that it came to these positions in the course of a long downtrend that began in August last year. In early February, the price broke...
We continue to observe the behavior of the price of this currency pair. And for the third day, it cannot leave the resistance zone 1.219, which it entered after a strong growth from the support level. Let me remind you that at this point, in addition to the zone itself, there is also a strong resistance line for August 2020. This price behavior may be related to...
Gold, like the previous pair, is stuck in the zone, only in this case - the support zone at the intersection of the strong level and the support line from October 2020. The price is now at the point 1793.35. Let me remind you that it came to these positions in the course of a long downtrend that began in August last year. In early February, the price broke...
We continue to observe the behavior of the price of this currency pair. And for the third day, it cannot leave the resistance zone 1.217, which it entered after a strong growth from the support level. Let me remind you that at this point, in addition to the zone itself, there is also a strong resistance line for August 2020. This price behavior may be related to...
One of the main direction lines on the chart at the moment is the resistance line formed in September 2020. Even after the breakdown of the line in December last year, the price continued to follow it, creating a downtrend. The price fell to a strong support zone, which is a historically strong level and also a very strong support line that appeared on the chart...
The price continues to grow steadily. An additional incentive for him was the support line 1.374, which the price was able to break through in February this year. After the breakout, it worked out several corrections, fixed on the line and continued to grow. However, the price has now stopped at the strong resistance zone of 1.415. This zone consists of two very...
During the rise in the upward trend, which began in June 2020, the price was able to break through the strong support level of 0.772. She moved along this level for some time, well entrenched on it. And when the price broke through the support trend line last week, the level did not let it fall again. This bounce off the level is very important as it gives the...
Despite an attempt at a false breakout that occurred this week, the price of the index returned to the uptrend and is now on the support line again. Let me remind you that this line was formed in July 2020 and is a guide for price growth. The price already tried to break through it in October last year, but that time it returned to the trend after several deals....
At the beginning of this week, the price finally returned to the support zone after the breakout and started to rise. During the growth, it broke through the strong support level of 1800.37. And now gold is stuck at the support level, so I am extending my forecast yesterday. The price consolidated at a strong level and again showed a slight increase, this...
As I said yesterday, the price started a downward movement after a short time in the resistance zone of 1.216. Let me remind you that this is a strong resistance zone, which formed at the intersection of the resistance line in July 2020 and a small zone since December 2021. The price rose to this zone from the support level of 1.202. And now I expect that in the...
At the beginning of this week, the price finally returned to the support zone after the breakout and started to rise. During the growth, it broke through the strong support level of 1800.37. And now gold is stuck at the support level, so I am extending my forecast yesterday. The price consolidated at a strong level and again showed a slight increase, this...
As I said yesterday, the price started a downward movement after a short time in the resistance zone of 1.216. Let me remind you that this is a strong resistance zone, which formed at the intersection of the resistance line in July 2020 and a small zone since December 2021. The price rose to this zone from the support level of 1.202. And now I expect that in the...
Starting in July 2020, the price has been falling in a descending channel, practically not going beyond it. In February, the price managed to break through the strong resistance line 1.543 during the fall. This line is one of the strongest on the chart - it was formed in August 2012. After the fall, the price moves to the support line - the lower border of the...
After a strong growth spurt from October 2019 to May 2020, the price returned to within the strong resistance level of 1.841. And the last few months it has been moving without growing above this mark. The fall in price is controlled by a strong support line - 2013. In January, the price bounced off this line at point 1.743 and now I expect it to rise to the...
After in early February the price was able to break through the strong resistance zone of 0.973, where the trend line and the strong level crossed, it showed a steady growth. The price continues to grow even now, practically without making any corrections. It is located near the thorn resistance line. This line was formed in February 2020. The price has broken...
The price continues to move in an uptrend that began to form in the spring of 2020. Since November, most of the price movement has been observed at the resistance line. Then the price dropped to support and rose again. Now the price is exactly on the strong resistance line 31443. And this is an excellent position to open a sell trade! I will never tire of...
The price movement is in line with my latest forecasts. Let me remind you exactly how this movement develops. First, the price dropped to the support zone, breaking through the level and at that point turned around for a new growth. After that, for some time she moved within the zone. In the end, the price started a clear movement, rose from the support zone at...