Othman_En

Othman_En

Hello gays, I see that the gold is in the end of the down cycle, so it will goin up to 1937 as a first level to break . that because of the good data of the PCE index, and the strong support level in 1917.

Othman_En

After that last analysis that I share the gold keep moving under 1848$ is good to see it in 1813$ or maybe less that before FOMC meeting.

Othman_En

The Gold keeps making falling waves under 1865$ and the consist under 1848$ make it lose more in the future, I see that the gold will keeps falling, this feeling is supported by the last data that's coming (the increasing in inflation and decreasing unemployed rate ) .

Othman_En

Over the last falling the Gold because of the interest rate, is recovering some of his power supported by the last unemployed data, and the increasing in the trade deficit for the last December. Technically the gold keeps rising above 1860, if it enters 1885 and it stays above it for 4h we may see the Gold in 1926 or more.

Othman_En

the Gold is stable above 1917, that support the last analysis, we may see the gold in 1957 very soon before the federal may push the interest rate by 0,25 in February Any fall above 1900 is just a correction .

Othman_En

the Gold may go up to 1957$ per once, if it stays above support levels 1900$ specifically the 1917$, for the fundamental analysis see the previous idea .

Othman_En

After breaking 1870$ level and stay above it the GOLD may go up to the highest level supported by the continuity in the Ukrainian crisis and the increasing inflation ratio

Othman_En

The latest new about the deceasing of the unemployed and the increasing in salary is supporting the inflation ratio, and because of that we may see the gold breaking the 1870$ level, but before of this we will see the gold approach in 1829$ because of the strange resistance in 1870$

Othman_En

As well as the last analysis the gold will keep falling in the long term because of the desire of the Federal to increase the IR by 50 or 75 points to curb the inflation and the economic consequences that follow, that will affect the gold price in the long term. currently the gold price had to stay under 1746$ support to keep selling it to 1706$

Othman_En

after the drooping of inflation rate and stability expectation of the interest rate and the beginning of calming the Ukrainian cris, because all of that the gold price may falling down in the medium term 1706$, before it will be increasing

Othman_En

the XAU/USD it may rise in the short term because of the strong support in 1662$, and fundamentally the US CB consumer confidence data for October is below the expectation that will make the gild price may go up

Othman_En

the gold could be falling to 1680$ level or less, because of the interest rate effect that doesn't affect the until now, and because that it need to make a correction after the last long increasing form 1614$ to 1723$ and many more reason.

Othman_En

in the long term the gold if falling bcos it is crashing the 1680 level and it keeps under it ,and bcos of the increasing of the interest rate that it affect the gold price in the long term

Othman_En

there is a good chance for the gold to going up, to the 1828 after crashing 1733 level

Othman_En

i prefert to wait at 1681 as a safe point to bay, bcause it doesn't make an up top over the last one in 1721 , if it's not i'll wait in the second entry at 1733

Othman_En

28000 is the perfect point to bay the bitcoin, if it's not broken 19000 zone, awere tp is 24555

Othman_En

gold maybe going down to 1681 bcus it fell to make a up top in 1733, after that it may rise to 1828

Othman_En

us30 may go up if it makes a new up top in 30102, if it's not i'll wait in 29830