If it reacts to the trend line and the price of 65.50 and the price can not cross it, we can be 70 sellers with a stop price. But at the moment, with the support of the specified area, selling is not logical.
In the future, the euro or the dollar will be stronger, many factors will influence. But for now, what is seen in the chart is an uptrend, which we probably saw a correction, and the chart continues the main trend again. But one important point I make is patience. Wait and watch the market and make the right decision at the right time.
As expected, we saw a downward trend. But it must be borne in mind that this was a corrective move. The main trend is still a strong uptrend and in any downturn and correction can be entered into trading and buying.
According to the analysis, you can open your trade.
Maybe the title is a bit extremist. But that is the reality of this cross. It goes through a process with the utmost power and finally completes everything with a long shadow. A very strong uptrend and now a sharp downtrend. But do not forget one thing: it is always based on analysis. We are waiting for the price reaction and probably a signal for a trade.
In this analysis, the resistance area and the price reaction to this area will be important for us to enter the market. If you are going to trade, wait for the chart to show you the way.
I hope you have followed our analysis and signals and made a good profit from gold . Do not sell gold for now and expect to climb to the range of 1770 to 1780.
What do you think about this? Is this analysis far from your mind? Is it possible to see the formation of a triangle like this? Note: this analysis is done for a long time and has a long-term goal. Write your comments for us.
This analysis is purely technical. No fundamental views are included in this analysis. But our overview can be seen in this analysis.
The chart is clear, but you have to look carefully and make the right decision at the right time. The analysis of the previous time was in the direction of the chart being down, and so far the trades in our sales are profitable, but there is no certainty in the market. A smart trader has a complete analysis without any bias, and makes decisions based on the...
The market decides where to go, and we must make our own decision to oppose or agree with the market. The analysis is clear. Have you made your decision?
We will probably face a drop. But it should be noted that the price of 1757 upstream and the price of 1722 to 1730 will have a key map in determining the trend. So based on the analysis and behavior of the market in the future, we will decide where to enter. But so far, our market is selling gold, but we are not entering yet.
The market behaved emotionally after the announcement today and it is not possible to trade with certainty in this area. But by waiting and watching the chart, you can decide to open a trade based on the next signals. We recommend selling in safe places.
we will see! Let's go.
The market is talking to us, we were waiting to see the market reaction to the resistance line. Now you can enter the market with a loss limit beyond 130.50
It may not be in vain to expect the dollar to strengthen, but now, given the market conditions and the news, it makes more sense to expect a weaker dollar. We may see a slight strengthening of the dollar, but for now the dollar sell-off seems more reasonable. To sell the desired currency pair, consider a loss limit beyond 0.9400.
If the price stabilizes below the short-term trend line, it will be the first move towards 84. And if the downtrend continues, we will decide again. But we are currently on an upward trend. If you trade, set the SL above 88.5
To be honest, gold has to be bullish, and it may have a bullish trend. But for fundamental reasons, the main one being vaccination, gold is on a downward trend. Nevertheless, we saw the return of gold from the 1677 range, a strong and rapid return. Now gold has reached a point where it has the price of 1752 in front of it, in case of failure of this price, which...