Tag: Gold
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 […]
Gold: ⬆️ Buy – Gold reversed from support zone – Likely to rise to resistance level 3300.00 Gold recently reversed up from the support zone located between the pivotal support level 3155.00 (former top of the impulse wave 3 from the start of April), lower daily Bollinger Band and the 61.8% Fibonacci correction of the […]
Gold: ⬆️ Buy – Gold reversed from support level 3270,00 – Likely to rise to resistance level 3500.00 Gold recently reversed up the support area between the support level 3270,00 (low of the previous correction a), 20–day moving average and the 50% Fibonacci correction of the upward impulse 5 from April. The upward reversal from […]
Gold: ⬇️ Sell – Gold broke support zone – Likely to fall to support level 3100.00 Gold recently broke the support zone between the support level 3270.00 (former low of wave a from the middle of April), upper trendline of the daily up channel from February and the 38.2% Fibonacci correction of the upward impulse […]
Gold: ⬆️ Buy – Gold reversed from support area – Likely to rise to resistance level 3500.00 Gold recently reversed up from the support area between the upper trendline of the daily up channel from January and the 38.2% Fibonacci correction of the upward impulse 3 from last month. The upward reversal from this support […]
