Once we retest the level of 15.04, I expect the price to rise again to new levels
The fluctuation is at the strong resistance at 15.83, to find the price rising to the next level, which is 16.11.
I still see gold in a downtrend if nothing new happens
I expect gold to rise to the 1938.14 level, if it succeeds first in breaking the 1923.13 level, and then we find it falling again to the 1866.68 level.
My expectation is for oil to reach these levels
I expect that Abopec Plus will reduce the supply of Brent crude, which will lead to a rise in US oil again to the levels mentioned in the chart, and the maximum that it may reach during the coming period is 78, which is not a long period.
Buy some GDX here in the FED channel bottom area and we are constantly finding dollar strength selling pressure on gold
By closing the previous week on the chart, we find selling pressure, and by breaking the channel drawn on the charts, we find it at the next levels
With the strength of the dollar, when the Federal Reserve Chairman Powell spoke, maintaining the tightening tone, and thus we find that gold has exited the main bullish channel on the daily chart, and it announced a decline to lower levels 1865
The pair reached the previously set top, but the dollar gained strength from Fed Chairman Powell's speech, creating a reversal pattern for us on the aforementioned resistance.
To see the previous idea, link below
I've bounced to new levels
It drops again to the level of 1,07821
The pair had reached the previously identified peak, but the dollar gained strength from Fed Chairman Powell's speech, and he created a reversal pattern for us on the aforementioned resistance.
To see the previous idea, the link is below
I have wanted for new levels
And who is expected to make a re-test to drop again to the level 0.65674
The pair is in an uptrend
The nearest support is at 0.68350
It is expected to be reached
Then it climbed to the next price levels in succession after re-testing the levels
It is likely that we will find him touching the next level
Any inquiries welcome in the comments
Do not forget, strict financial management is the key to...
I find it in an uptrend, as the fundamental analysis still supports that. There are important levels to expect the price to reach, which are as follows
And that after making a re-test of the level 1.08980
Any inquiries welcome in the comments
Do not forget, strict financial management is the key to continue in the field
Hello my dear friends, thanks for your support and follow-up to my account
Today, after the Fed fixed the interest rate, as the markets demanded, but while maintaining the strict tone, the markets were left at a loss.
But don't worry
There are always endless opportunities
This is my analysis of gold after the price reached the profit-taking levels that I expected....
Markets and investors await the Fed's decision this week
Gold is the actual pulse of the Federal Reserve’s decisions, so it is expected that if the Federal Reserve’s decision to raise interest rates by 25%, which is what 20% of the markets have suggested so far, we will find gold on downward levels, which are 1943.92, and by successfully breaking it, we will find...
Well, gold did not wait for the rise and fall of the drop directly
Employment report in the private sector (May) 339 thousand 180 thousand and 294 thousand
Unemployment Rate (May) 3.7% 3.5% 3.4%
I expect gold to reach the level that I mentioned in the previous idea, you will find the link below, but after it retests the level of 1953.05
And it reaches another new...
Gold is expected to rise to the price area( 2003.63: 2006.59), after leaving the current price area, which is (1982.51: 1977.17) to make a re-test and then we find it falling to levels
This movement is expected during the day and with news Average Hourly Earnings (Monthly) (May) Private Sector Employment Report (May) Unemployment Rate (May)