Correction is not ended up, the purposes designated by me in May, 1880-1885, 1890-1895. Technical indicators indicate a turn. The movement up up to 1930-1960 can become a result of this exhausting swimming. Information provided is only educational and should not be used to take action in the market.
Technical indicators indicate corrections the need. I specially chose the purpose achievement by which perhaps with high probability. It does not mean that correction on it will end. On the week chart the price moves in the upward channel, that is the medium-term trend remains upward. TP = 76.42 Information provided is only educational and should not be used to...
My purposes on the correctional growth of gold remain invariable since May. Gold will dispel all doubts at traders soon. Act as the next purposes 1880-1883 and 1890-1895. Possibly on it growth will not terminate, but it will need to be looked on a situation. Now it is visible that MACD on the week chart is developed up about what I am not tired to repeat....
Exit from a triangle should be up. If you open MACD on the week chart, then will notice that the window for sales remains small. MACD is developed. Besides, if to look at correction according to Fibonacci on the day chart, then it is visible that correction is obviously not ended. Information provided is only educational and should not be used to take action in...
On the chart I designated the most probable scenario on the near future. Thus, using Fibonacci's stretching we receive level close to the top line of a downside channel on the day chart. However, the purposes of all corrective move are higher. Both scenarios assume further growth. Information provided is only educational and should not be used to take action in...
Those who waits for the beginning of falling needed to wait a little. Most likely the price draws a final diagonal triangle and after achievement of level 126 the complete trend reversal is possible. Information provided is only educational and should not be used to take action in the market.
Yesterday in the idea I pointed that perhaps the impulse will begin of 1825 up (0.618 according to Fibonacci from the previous growth). Today the price reached this point, mood absolutely bear that is just necessary for a turn. When the majority looks down, the market is developed. The first purpose for growth 1890-1895. Information provided is only educational...
The schedule of gold is very similar to unfinished correction. Possibly the price executed two waves in correction (A and B). I consider that now the price is in a wave of C, having executed waves 1 and 2 impulses. The movement to 1825 is also possible (0.618 according to Fibonacci). However, further there will be growth to earlier me noted purpose 1890-1895. At...
Price of gold continues the correction begun in May about which I warned. And now correction is not ended. It is confirmed by technical indicators on the week chart which indicate a turn. The first purpose according to Fibonacci is level 1890-1895, but on the way to it resistance at the level of 1850 and 1880 where the top line of the channel on the day chart is...
Soon the following movement to earlier noted purposes 1880-1885; 1895. The small flag is perhaps formed. Information provided is only educational and should not be used to take action in the market.
As you know, I speak about this correction since May. And the price continues the movement towards the top line of a downside channel on the day chart. Therefore I expect that in the nearest future level 1880-1885. However, on it correction should not will terminate as technical indicators on the week chart indicate a turn. Therefore I expect continuation of the...
Before gold was built resistance which needs to be overcome for continuation of the movement according to my previous ideas up: 1885; 1895; 1928. Information provided is only educational and should not be used to take action in the market.
Technical indicators on the week chart are deployed up. It means that it is possible to expect more or less decent correction up. For a start to the level of the top line of the channel and further to long ago to Fibonacci's levels noted by me: 1895 and 1928. Information provided is only educational and should not be used to take action in the market.
As I wrote earlier price of gold is in the extending triangle. In spite of the fact that this figure often is turning, I consider that in ours a case it is consolidation (possibly B wave in correction). If to look at the week or day schedule, then it is visible that the purposes according to Fibonacci are not executed. It is also possible to note that forming of a...
So, price of gold drew a figure the extending triangle. I expect breakdown it up. I consider that bulls should not worry as any of Fibonacci's levels is not executed. It is very probable that the movement will continue for a start to the top line of a downside channel on the day chart up soon. Fibonacci's purposes: 0.382 - 1895; 0.5 - 1928. Therefore I hold the...
Today the price showed false breakdown. And as in a different way, latest news tomorrow! I expect correction continuation according to my ideas with purpose 1890-1895 up. Information provided is only educational and should not be used to take action in the market.
Today the behavior of the price will be nervous as news on inflation are expected. It is possible to assume the movement as it is specified at me on the chart. I adhere to the old purposes 1890-1895. At the same time I am going to close the long position at the safe level about 1885. All of successful trade! Information provided is only educational and should...
It will be probable on the way to purpose 1890 a stop on 1873 where there passes the average price and the previous local top. Of course, the main movement will begin after news on Friday. Therefore price of gold can continue to bargain in the range up to this point. Information provided is only educational and should not be used to take action in the market.