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Technical analysis
Technical Analysis 10-June-2019
GOLD
The price was on the way to the channel toward to the upper line of channel, although hit the resistance and returned. We are currently expecting this back lower line of channel, which is 61.8 to 78.6 percent of previous moves…
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…