The market is in the range zone. The price was rejected twice. The market is struggling to make a new high, and it's heading toward a support level. Additionally, the market has made an impulse leg down from this resistance area before, and possibly the market will create a second impulse leg. I expect the price to fall from resistance and breakout of the range...
The price perfectly fulfills my last idea. The market smashed the target. It formed an expanding triangle pattern that means indecision in the market. The price is currently ranging around the 2000 mark. It made an impulse bullish move by rejecting the support level. In my opinion, the previous support, which was tested before, is a good area to take a long...
The market is pulling back after impulse move downward. It shows bullish momentum is weakening because the main trend is bearish. The asceding channel is pullback. I expect fake breakout of the resistance or double top, then fall from the zone if the price ramains below it. My goal is support around 1.34030 Traders, if you liked this idea or if you have your own...
The price action formed the range zone and triangle pattern. The price is heading towards resistance zone. Price updated its highs and it probably will break through the triangle pattern, then make a new swing high. I think the market will retest the main resistance. I expect breakout, then a growth towards main resistance zone . My target is resistance zone at...
The price perfectly fulfills my last idea. The market hit the target. The gold market is uptading swing lows. It broke and fixed below the main price level at 2000 after forming a double top. Price action made a pullback toward a range zone and upward channel boundary. I think the market may go down from the zone if it shows no strength to break through the...
The price perfectly fulfills my last idea. The market broke the ascending channel and hit the target. The price broke through the range zone and it has broken through the support level and upward channel. The price is testing the main resistance at 1.47000. I look forward to testing the lower border of the channel and rolling back towards support from resistance...
The price perfectly fulfills my last idea, it's heading toward support level from resistance zon. The market recently pulled back to the resistance after breaking through the descending channel. The price action formed a double top at the zone. I expect the price move downwards to retest the support level. My goal is a support around 1.09000 Traders, if you...
The price perfectly fulfills my last idea. The price is heading toward support area. The market tested resistance and dropped by forming double top. The price is potentially creating a range and I think it might go down if price rolls back to recent resistance which is swing zone then fall from it. If the price rejectes the swing zone at 2010 -2012 there's good...
The market made an extesion in the ascending channel by breaking through the resistance. It is moving towards main resistance at 148.000. Overall it is in uptrend but the market is near the daily resistance. I expect pullback from resistance then retest the recent support level. Additionally, on D timeframe the market shwos divergence. My goal is support...
The price perfectly fulfills my last idea, it fell from resistance zone and hit the target. The market broke throug the previous daily low and fixed below it. The price is pulling back to the resistance after impulse move downward. I expect the price to come up to the nearest resistance and small range and then move downwards to main global upward trendline. My...
As I predicted last week, the gold markets gradually increased during the trading week, reaching a level of 2,050. The market did, however, change direction and close below the previous week's high, suggesting that the momentum has run out. Given that we have previously experienced significant pressure from bears in this roughly range, it is important to notice...
The market went up from support level updating highs in the ascending channel. Currently, the market is testing its resistance zone, and it has formed a range which is accumulation before extension. I expect a breakout of the resistance and a test of the next resistance and upward trendline. My goal is resistance at 91.390 Traders, if you liked this idea or if...
The price perfectly fulfills my last idea. It hit the targeted level. The price reached a strong resistance zone on the daily timeframe. The market is overbought, and it fell below the psychological resistance at 1.1000; therefore, the price may drop from it because the market bounced off from the resistance area before by making an impulse leg down. I expect the...
The price perfectly fulfills my last idea. The market broke through the ascending channel and fixed below. I look forward to testing the lower border of the range level and downward trendline then rolling back towards support from resistance. My goal is to support at 1.46375 Traders, if you liked this idea or if you have your own opinion about it, write in the...
In today’s volatile global market, the price of oil can be affected by a variety of factors. From wars and international trade agreements to financial market dynamics and global economic outlook, understanding what influences the price of oil is essential for both governments and individuals alike. In this post, we will look at how geopolitical factors, financial...
The price perfectly fulfills my last idea. The price achieved the goal. After making an impulse move at the resistance, the market ranged before forming a double top and a divergence. I think, gold might make a pullback to test support from the resistance or it could range between 2025 and 2047 zones. I expect a brief correction at the resistance. The 2023 support...
At the primary resistance area, the market developed a double top. The bulls lack the strength necessary to overcome the resistance zone. Because the price is in the range zone on the 4H timeframe and the market keeps bouncing off the zone, the market will likely pullback as it approaches the key level of 0.68000. I expect a retest of the swing level after a fall...
The price perfectly fulfills my last idea. It hit the target. The market is ranging near the resistance zone. Additionally, there's a divergence on the RSI indicator on the 1H timeframe and overbought conditions on the 4H timeframe. The price may drop. The market is struggling to make a new high because it reached daily resistance zones. I expect the price to...