The price perfectly fulfills my last idea. It hit the target zone. The market fell from the main resistance at 1.64000. Price is pulling back after impulse bearish move again. The market forms entry zone near the resistance and the border of the descending channel. I expect fall from the resistance level because price fell from the level multiple times before. My...
The price fell back to support level after testing the main structure resistance. The market has rejected the support level and bounced off it. The market might pull back to suppor level again and form double bottom. The trend is obviously bullish on the current and D timeframes. I anticipate retest of the of the support followed by expansion toward the primary...
The price has broken through the support levels. The market broke consolidation phase and made extension. It creates an rejection candles at the resistance zone that show bears are stonger at 1.32000. The market is in downtrend and I expect fall from the resistance at if price rolls back to it. My goal is support near 1.31000 Traders, if you liked this idea or if...
The market rejected the resistance, then made an impulse leg down. The price broke and fixed below the range. I think the market might go down to retest the support level if price rolls back to it. If the price rejects the resistance zone at 1928-1930, there's a good chance that the price will go down again to test the main support level. My goal is the previous...
The market broke through range zone and made new extension down. I look forward to pullback to the resistance zone and if price makes a fake break at support level and trendline, I think price may go up because price is the main trend is bullish. My goal is to resistance zone at 0.67540 Traders, if you liked this idea or if you have your own opinion about it,...
The price broke and fixed above the previous high forming new high. It hit the daily resistance and pulled back. I think the market may range near the resistance because the new high was not as strong as previous one; impulse leg. i expect pullback to support level at 1.09000, and then look for entry confirmations. My goal is the resistance at 1.09700 Traders, if...
In the traders' job the chart patterns indicating price changes are of great importance. This includes the "Cup and Handle" formation. A cup and handle is a popular chart pattern among technicians that was developed by William O’Neil and introduced in 1998. What does the pattern look like? "Cup with handle" is the term chosen because of the undeniable...
The market pushed down and tested the support level. It made fake break by forming big bullish long tailed bar. Price action has reached main support level on the 4H and daily timeframe. I think gold might make another pullback from the support level and remain in the range zone. If the market breaks through the support, it could go down to the next support level....
The market in the descending channel and now price is pulling back towards the resistance again after testing the support level and impulse leg down. The price is near the the resistance zone and upward trendline. I look forward a fake break at swing zone for confirmation to short. I think price will go down because the main trend is bearish. My goal is to support...
The price perfectly fulfills my last idea. The market went up from support level and made new high. The price is pulling back to support level after breaking the structure. The market has a bullish momentum. An optimal place to enter the market is to wait for the pullback and then go long from the upward trendline and support level around 1.009500 - 1.094500. My...
The gold market keeps moving in the zone on the 4H timeframe. The price is decelerating and it shows a divergence as well as double bottom. The price bounced off the support level many times before. Price is rejecting the support level by forming long tailed bullish candle. I expect go towards the next resistance zone if upcoming news doesn't change the trend to...
The price has tested the resistance and upper border of the descending channel and has been rejected. The market updated its lows and pulled back to the strong resistance zone at 0.90000. The market trend is clearly bearish . The price action formed a slow pullback which means the market doesn't have enough strength to go further up. I look forward double top or...
The market is approaching the support level. It formed range zone after impulse move. The price made complex pullback from resistance zone; it migh make deeper pullback. I expect the price to go up from support level where it broke out of ascending channel and resistance level that became support level. My goal is to resistance around at 1.09610 Traders, if you...
The price is pulling back after impulse leg and the level rejection. The price made an impulse move from the support level, and now the price has pulled back approximately 1/2 of the bullish move. The market formed potential buy area near the upward trendline and support level. I think gold might range before retesting the resistance. My goal is the resistance...
The price perfectly fulfills my last idea. It hit the target. The market pulled back to resistance after bullish move that creates a divergence. Price broke the previous resistance zone which is support level now and swing zone. I expect the market fall from resistance zone toward swing level and breakout of the ascending channel . My goal is support level around...
The price is ranging after impulse move up. It is pulling back to support level. The market has a bullish momentum. An optimal place to enter the market is to wait for the pullback and then go long at support level around 1.09000 if the it doesn't make a deeper pullback. My goal is the main resistance at 1.1000 Traders, if you liked this idea or if you have your...
The gold market had a week of sharp declines before beginning to show indications of strength. The price appears to be stuck in a range because the support level has been held. Of fact, the gold market continues to be an instrument for asset preservation that influences the price. Additionally, monetary policy is being tightened by central banks worldwide. Fake...
The price perfectly fulfills my last idea. It hit the target. The market broke through the range zone and it pulled back to it after testing the support. Price action made impulse moves down from resistance and it formed a swing zone. I look forward to testing the support from resistance because the market pullback and trend is bearish. No strenght to break the...