The price heading straight up to $95 to $118 per barrel. After breaking and retest of the downward trend, a double bottom chart pattern was spotted and a break of the neckline gave the final confirmation of the above future price respectively.
Price heading south due to resistance from the HTF resistance. The upward CTL is broken and retested, if the price breaks further below the minor support we look for a SELL @ $2003 to $1940 per ounce .
Alternatively, if the price gets supported and we could spot a bullish reversal candle from the minor support, we look for a BUY @ $2014 to $2085 per ounce respectively.
A rejection of the daily candle at the resistance zone $2,009 & $2,002 per ounce sets gold southward at price per ounce ($1,940-1930) profit target.
Alternatively, if the price B. R. the resistance as support, we look for bullish move to $2,051 & $2,072 per ounce respectively.
The price broke the ctl while sitting on the institutional golden zone of fib. Level 0.5 & 0.6 retrracement level. A bounce of the 4htf bullish candle gives confirmation for price move to $94 - 130 per barrel.
The price broke the ctl while sitting on the institutional golden zone of fib. Level 0.5 & 0.6 retrracement level. A bounce of the 4htf bullish candle gives confirmation for price move to $94 - 130 per barrel.
the price continues in the down trend asblrice broke theCounter trend line CTL on and a bearish flag on a Daily time frame DTF. Conclusion: A Sell off is expected as price moves father down and Target price at 0.67830 and 0.63400 respectively
the price continues in the down trend asblrice broke theCounter trend line CTL on and a bearish flag on a Daily time frame DTF. Conclusion: A Sell off is expected as price moves father down and Target price at 0.67830 and 0.63400 respectively
The price finally broke the upward counter trend line at a close range to the resistance level with a good rejection. Short this pair to it 100% retracement level.
The breakout and retest of the support as resistance at price 0.95700 givea s true indication that the price is heading downward to 0.93700. So long the price remains down below 0.95700 our target remains 0.93700.
The gold is on a bullish as it begins it move-in an upward direction. A breakout and retest from the H4 timeframe at the resistance price 1730.40 gives the confirmation to upward move target 1762.10 and 1797.02
Gold still on the bullish move as price finally tested support as price came to retest the 0.5 fib level and a new bullish rally begins. 1836.4 or 1838.5 is good entry as price tend to move upward to a TARGET price of 1855.2 and 1865.39.
Gold still on the bullish move as price finally tested support as price came to retest the 0.382 fib level and a new bullish rally begins. 1836.4 or 1838.5 is good entry as price tend to move upward to a TARGET price of 1855.2 and 1865.39.
It could breakout from the top of bottom and retest the breakout line to confirm either buying or selling hutbif it came out as expected at the bottom we are selling
