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Technical analysis

Technical Analysis 22-May-2019

GOLD As seen on the 4-hour chart, the price seems to have broken its trend line, but is now coming back to that again. Of course, if we look at the daily timeframe, we see that the, consolidation of the price has not been made below this…

Technical Analysis 21-May-2019

GOLD The analysis of the previous day in the daily time frame continues. In addition, as seen in the 4 hour time frame , the price has hit several times the lower trend line . Here we are waiting for reaction. If this line breaks down,…

Technical Analysis 20-May-2019

GOLD  As the daily chart shows, the price range has been completely limited. The price returned to the down trend line after touched with the green trend line. If this line breaks out, it can be expected to drop significantly. If there…

Technical Analysis 15-May-2019

GOLD The price has gone up to $ 1300 after breaking the trend line. The price has already been in correction to return to the trend line that it breakout. If price grow continues, the 1310 can be target. EURUSD The price on the drawn…

Technical Analysis 14-May-2019

 GOLD As noted last day, prices were in the vicinity of the green trend line. Yesterday, the fundamental news of the Chinese-American economic war  brought about a lot of gold and boosted the value of this metal. As a result, with the…

Technical Analysis 13-May-2019

GOLD As seen, the price has hit the green trend line. This line is relatively strong in terms of strength and has not been broken so far. The trend seems going towards the red trend line. In the event of a break out of the drawn line in…