Mhgoldfx

Mhgoldfx

lets see triangle breakout, resistance 1.7305, channel support 1.7000.

Mhgoldfx

price is moving out of support line,upper declining trendline is still valid. it tried several times to go up but could not surpass it, next move is getting clear. short term support is 1900-1890 level, breaking 1890 will lead it down to 1870-1840 in next trading week

Mhgoldfx

bearish channel is going towards its completion, 1.1740 is support and 1.1838 is resistance. lets see the breakout in coming week

Mhgoldfx

after facing strong resistance, forming a triangle, moving for support of rising trend line for next ride

Mhgoldfx

price moving in a triangle, strong resistance and support levels.

Mhgoldfx

forming clear H&S pattern

Mhgoldfx

facing strong resistance and also forming bearish channel

Mhgoldfx

price is out of bullish channel and now entered in falling wedge. First target is 1.1550

Mhgoldfx

correction is about to end, preparing for third leg down to 1840-1837. Now facing a strong resistance of declining wedge @ 1922-1925

Mhgoldfx

it will make a bullish channel, also will get support of bullish rising trend line. also forming shoulder of H&S pattern that will make a new journey to upside.

Mhgoldfx

price moving in upward channel, euro is getting strong ahead of weak Doller.

Mhgoldfx

head & shoulder pattern is formed, price will move in upward channel upto1.3290 target area.

Mhgoldfx

my previous idea proved accurate, now price is going down in a downward channel and going to form a DOUBLE BOTTOM to weekly rising trend line support.

Mhgoldfx

price broke declining trend line(red) and now moving towards upper channel (blue) @1938 (fibo 0.382) and will face a rejection and get support near 1890-1900 (fibo 0.236) area for further move up. Doller is weak and mostly chances are move up for gold upto 1972-1990.

Mhgoldfx

my previous idea proved 100% accurate and now i expect a downward move to 1892-1890 and then a move upto 1912. from 1912-910 it will drop to lower supportline near 1878 area

Mhgoldfx

this idea is in continuation of my previous idea, price faced daily resistance and make a false breakout of upper trend line and fall, now if it could not stay above the upper TL it will must retest support line for a further move up.

Mhgoldfx

it faced a strong declining trend line in daily timeframe and started to fall, also forming a bearish channel, price will retest lower support line

Mhgoldfx

gold got a support and bounced and formed a hammer candle, above 1877 we can see 1900--1920. below 1867 further down to 1843 level. Dxy faced a strong resistance at 94.60 in daily timeframe and falling so it will support gold to go up in short term.