Tag: Gold
Gold: ⬆️ Buy – Gold broke resistance zone – Likely to rise to resistance level 3500.00 Gold recently broke the resistance zone between the resistance level 3450.00 (which has been reversing the price from May, as can be seen from the daily Gold chart below) and the resistance trendline of the daily Triangle from April. […]
Gold: ⬆️ Buy – Gold reversed from the key support level 3315.00 – Likely to rise to resistance level 3450.00 Gold recently reversed up from the key support level 3315.00, intersecting with the support trendline of the daily Triangle from April. The upward reversal from the support level 3315.continues the active short-term impulse wave iii […]
Gold: ⬆️ Buy – Gold reversed from the support zone – Likely to rise to the resistance level at 3450.00 Gold today reversed from the support zone between the support level 3272.00 (which has been reversing the price from the end of May), lower daily Bollinger Band and the 50% Fibonacci correction of the upward […]
Gold: ⬇️ Sell – Gold falling inside wave b – Likely fall to support level 3250.00 Gold is under bearish pressure after the price broke the two upward-sloping support trendlines from May and February. The breakout of these support trendlines accelerated the active short-term correction b – which belongs to the impulse wave 3 from […]
Gold: ⬆️ Buy – Gold reversed from support zone – Likely to rise to resistance levels 3400.00 and 3450.00 Gold recently reversed up from the support zone between the strong support level 3275.50 (which has been reversing the price from May), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse 1 […]
Gold: ⬆️ Buy – Gold reversed from support level 3250.00 – Likely to rise to resistance level 3400.00 Gold recently reversed up from the support level 3250.00 (which stopped wave (b) at the end of May, as can be seen from the daily Gold chart below) intersecting with the lower daily Bollinger Band and the […]
Gold: ⬇️ Sell – Gold reversed from resistance level 3445.00 – Likely to fall to support level 3300.00 Gold recently reversed with the Bearish Engulfing from the resistance level 3445.00, which is the lower border of the resistance area which has been reversing the price from April. The resistance level 3445.00 was further strengthened by […]
Gold: ⬆️ Buy – Gold recently broke resistance level 3400.00 – Likely to rise to resistance level 3500.00 Gold recently broke the resistance level 3400.00 coinciding with the resistance trendline of the daily Triangle from April. The breakup of the resistance level 3400.00 accelerated the active impulse wave 3 of the intermediate impulse wave (5) […]
Gold: ⬇️ Sell – Gold reversed from resistance area – Likely to fall to support level 3250,00 Gold recently reversed down from the resistance area between the key resistance level 3400.00 (which has been reversing the price from April) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the earlier […]
Gold: ⬆️ Buy – Gold broke daily down channel – Likely to rise to resistance level 3440.00 Gold recently broke the resistance trendline of the daily down channel from April (which enclosed the previous medium-term ABC correction (2)). The breakout of this down channel should accelerate the active minor impulse wave 3 of the intermediate […]