Gold is moving in a bullish wave that is expected to drop from the selling liquidity resistance area at 1814.55 levels, to target the purchasing liquidity support area at 1769.26 levels. But in the event that a four-hour candle closes above the level of 1823.05, we expect it to rise and target the purchasing liquidity […]
Gold is moving in an upward direction, expected to start descending from the resistance area at 1814.62 levels, to target the support area at 1769.26 levels. In the event that a four-hour candle closes below the 1728.69 level, it is expected that the decline will continue, targeting the second support area at 1728.69 levels, from […]
Gold is moving in a sideways wave, expected to continue rising from the support area at 1769.26 levels, to target the resistance area at 1814.46 levels. But in the event that the four-hour candle closes below the level of 1761.57, it is expected that the decline will continue and target the second support area at […]
Gold is moving in a descending wave. We expect the formation of a corrective ascending wave from the support area at 1769.26 levels, to target the resistance area at 1814.46 levels, and from the resistance area, it is expected to form the top of the week, then the decline, targeting the second support area at […]
Gold fell strongly after closing the 4-hour candle below the indicated support area last week. Now a corrective bullish wave is expected from the support area at 1776.32 levels to target the resistance area at 1834.16 levels, and from the resistance area it is expected to form the top of the week and target the […]