In the daily time frame, the price recently hit the ceiling of the ascending channel and at the same time we see a negative divergence in the RSI indicator. It is expected to see the price fall or correct to lower ranges.
In the daily time frame, we see the formation of an idol pattern and divergence in the RSI indicator. The price is expected to experience growth up to the 0.8700 range.
In the monthly time frame, we see the formation of a descending angle pattern. The ranges of 2,500 and 2,600 dollars can be considered as the main resistances of gold. It is expected that after the price hits the ceiling of the corner pattern, we will see correction and fall in gold.
In the monthly time frame, the price has multiplied to the ceiling of the channel for the second time. In the same price range, Fibonacci 1.1618 of the previous wave has also been hit. You can show a 5 wave formation and we are a divergence between wave 3 and 5. It is expected that the price will experience a correction.
In the daily time frame, the price has hit the bottom of the descending channel at the same time as the harmonic shark pattern is completed. In addition, we also see the formation of a AB=CD pattern in the area of the bottom of the channel. It is expected that the price will experience growth from this range or after another downward wave to the range of 1.6270
In the daily time frame, we see the formation of hidden divergence. With the formation of the candle on Friday, you can go with the price up to 1.7820 and 1.7900 targets
At the same time as the price hits the ceiling of the descending channel, it has formed a AB=CD pattern as well as 5 rising Elliott waves. Between wave 3 and 5, we see the formation of negative divergence in the RSI indicator. It is expected that we will see the price fall at least to the Fibonacci range of 23%.
The price has hit the downward trend line with the formation of AB=CD harmonic pattern and we see a negative divergence in the RSI indicator. It is expected that we will see the price drop in the first stage up to the range of 0.8910
We see the formation of a bearish Gartley harmonic pattern in the descending channel. The role of dynamic resistance is also very important. A resistance that the price has reacted to many times. It is expected that the price will experience a drop to at least the 1.7850 range. A breakdown of dynamic resistance and the ceiling of the descending channel will...
The price has once again hit the ceiling of the red and black descending channel. At the same time, we see the price hitting the 200-day moving average and the supply range of 0.6700. In general, we see a very strong resistance range, which can result in a price drop. Note that if the price breaks this range upwards, a very strong buy signal will be issued....
The dollar index has once again hit the resistance of the downward trend line. It looks like the dollar index is forming a double top pattern. It is expected that the index will experience a fall from the range of 105.00 Breaking this range to the top will be an ominous sign for asset risk, and we should also wait for more currencies to fall against the dollar.
The index has hit its dynamic resistance once again. As you can see, this resistance has been able to stop the growth of the index several times and cause the correction of the index. Now you have to wait for the trigger line to break
With the formation of the ending pattern, the price has hit the support range of the 0.87300. If the price is supported by this range, it is expected to break the ending pattern upwards and we will see an upward movement in this currency pair.
We see a wedge pattern in the EURJPY and a negative divergence in the RSI indicator. If the wedge pattern breaks, we expect the price to fall to the range of 160.00.