Technical Analysis 11-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 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…