XAUUSD Until recently, I expected gold to go up with great intensity. As you can see, investors have a different plan for the beginning of this year, so in the picture below I present how I see it. If we do not keep the price level at which we areContinue Reading

XAUUSD The golden metal is in an uptrend and it can be seen in the marked lows that formed on the chart. I have marked the last three circle holes which show that the train has not been negated. In the second picture you can see that we are currentlyContinue Reading

XAUUSD According to yesterday’s analysis, today gold is at the indicated level. At the moment, we are waiting for a signal that will allow us to start long positions. Unfortunately, so far there has not been a clear upward signal, so if the price continues to go down, we willContinue Reading

XAUUSD If you can see what is in the picture on the chart, you know this pattern. After a strong downward trend, the second oRGR was created (I wrote about the first one last week). In fact, the set level was broken, but as in one group they say “theContinue Reading

XAUUSD Metal did practically all the assumed correction yesterday, along with silver with which it follows similarly. Both metals are at the border where the price touches the trend line, which is a strong point for us to watch. Of course, we do not go in and we do notContinue Reading

Monday market review

EURUSD Welcome. We start quickly with the currency pair that is most often played by individual investors. The trend is unquestionable and it looks like it won’t end as soon as everyone would have expected. If someone enters a transaction without securing orders, he is now probably paying extra toContinue Reading

GOLD Gold, although weaker and weaker, continues its upward trend. In the image, the blue line is our local trend line which will be the reference for a possible change of direction. Today’s data for the US may cause a false breakout, then we do not make a decision, unlessContinue Reading

Monday market review

Welcome. I go through the charts and you don’t see much at first glance. Often, after the weekend, you have to wait to see “this” direction. DAX40 Daily R3 16180Daily R2 16150Daily R1 16120Daily PP 16090Daily S1 16060Daily S2 16030Daily S3 16000 The German index was falling throughout the AsianContinue Reading

XAGUSD As in the title, the situation on the silver market looks similar to gold, but not the same. You can see uniform movement in the direction, without major corrections, as in the case of gold. We expect to reach the designated level in proportion to the gold, so thereContinue Reading