Let me remind you that in my last forecast, I expected a fall and an increase in prices at the intersection of two channels. global - from the beginning of 2020 and a smaller descending one from December. The price really went down to the lower border of the channel and broke through it. However, now it has come to a strong support zone, which is formed at the...
Throughout February, the price showed a strong uptrend. At the same time, in the last weeks of the month, it grew, practically without making a single correction. During this rise, the price managed to make an important breakdown of the strong support line at 106.62. This line was formed in 2015. After the breakout, the price fixed on the line and then broke...
After the price broke through the resistance line 0.876 in mid-February, it continued to move in a downtrend. The price has been in this trend since September last year. However, after breaking through the resistance, it came to a strong support zone of 0.857. In this zone, the level and the 2015 support line intersect. The price bounced off this zone, came to...
At the end of last week, the price dropped from the resistance line at 0.987 and came to the resistance zone at 0.973. This zone has formed at the intersection of the level and the resistance line since July 2019. The price made a small correction near this zone and broke through it. Now she is in the process of falling from the resistance zone. This breakout is...
The index price continues to move within the uptrend. The direction of this trend is the May 2020 support line and the June 2020 resistance line. The lines are at an angle to each other and intersect outside the chart. Now the price is at the resistance line 32059. This is a rather strong line, we can see that in recent months there has not been a single strong...
The price continues to fall after breaking through the strong resistance level 1800.37 at the end of February. This fall is part of the price movement in a large downtrend channel. The channel was formed back in August 2020 and since then the price has never been able to break the trend. We have been expecting a new rise in the channel price all last week. No one...
Since the spring of 2020, we have been observing price movement in a strong growing channel. Within the channel, of course, additional support and resistance lines were formed, and one of these lines - support from December 2019, and the second - from February 2020. In January of this year, the price touched the upper border of the senior channel - resistance...
The price continues to fall after breaking through the strong resistance level 1800.37 at the end of February. This fall is part of the price movement in a large downtrend channel. The channel was formed back in August 2020 and since then the price has never been able to break the trend. We have been expecting a new rise in the channel price all last week. No...
Since the spring of 2020, we have been observing price movement in a strong growing channel. Within the channel, of course, additional support and resistance lines were formed, and one of these lines - support from December 2019, and the second - from February 2020. In January of this year, the price touched the upper border of the senior channel - resistance...
In September last year, the price touched the 1.265 support line and since then has been growing along it without even attempting breakouts. During the growth from the line, the price broke through the support zone 1.374. Then it came to the resistance level 1.421, where it stopped and reversed in the fall. However, now the price is again at the strong support...
At the very beginning of this year, the price hit the 0.879 support line and reversed its growth. This line is the lower border of the global falling channel in which the price has been moving since 2018. After touching it, the price started to grow and in these two months reached the upper border of the channel - resistance 0.931. Where it is now. This is the...
At the end of last month, the price began to fall and broke through the resistance line at 0.984. Until this moment, for several months - from October 2020 - this line acted as a support trend line for the price and directed an upward trend. However, after the breakout and consolidation on it, the price continued to fall. The other day it came to a strong support...
At the end of last week, the price broke through the 91.78 support line during the growth and thus returned to the ascending channel, which it had adhered to since the first days of December last year. The price left this channel in February and all this time moved under it. However, last week it bounced off the local support line and rallied, broke through the...
The price has been in a growing channel for a long time. And at the moment it came to the lower border of the channel and also at the intersection of two support lines. Therefore, in the near future, I expect growth. The target is the nearest resistance line. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will...
Despite the fact that the price is now in a descending channel - STRONG support and resistance lines remain the main ones - it is now moving between them. Therefore, I expect growth to a strong resistance line. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Gold price is still in the support zone 1698.61. Let me remind you that it came to this zone after it fell from the resistance zone of 1817.90 last month. And so far the price has not been able to recover in positions. Nevertheless, I patiently await growth. The price is in a strong support zone, which is formed by two strong lines. One of them is August 2020,...
Despite the strong support line, yesterday the price collapsed to a large volume. Therefore, I have to adjust my forecast. However, despite the price drop, I still expect its new growth in the near future. The main reason for expecting growth is a rather strong support initiation, in the area of which the price is now. This line has been in existence for over...
Gold price is still in the support zone 1698.61. Let me remind you that it came to this zone after it fell from the resistance zone of 1817.90 last month. And so far the price has not been able to recover in positions. Nevertheless, I patiently await growth. The price is in a strong support zone, which is formed by two strong lines. One of them is August 2020,...