In the attached picture we can see that several countries have a holiday today. In such situations, I know from experience that market movements are either unnaturally large or very small. On days like today and on Monday, it remains outside the market and does not trade because it isContinue Reading
Silver has reached the level assumed 18 days ago. Yesterday’s H4 candle closed very bullish, the rebound took place in the “V” formation on a relatively large volume, so we have some positive arguments to believe that now is the time for increases. The first tier I will be waitingContinue Reading
Gold has recently been undergoing consolidation. Twice the price broke the marked level but as you can see it came back and is still in the box. It can be seen that there is a divergence on the stochastic oscillator. He no longer invests based on indicators, but it willContinue Reading
Welcome to the next Monday Forex review and beyond. GBPUSD We will start with the British pound because its situation after the weekend surprised me a bit. I was wondering whether to leave positions for the weekend but eventually closed. You can see that it was a good decision becauseContinue Reading
The current situation in gold is quite interesting because there has been a visible rebound and the local upward trend is maintained all the time. As long as we have lows higher and higher, the long positions are justified. In the case of breaking the marked line and breaking theContinue Reading
Welcome to the next Monday market review. Today it will be short because health reasons oblige me to visit the doctors. Gold in the m30 interval is close to local support. This level will be of interest to me if the price reaches it and rebounds with a retest. InContinue Reading
Yesterday’s gold behaved as we expected. From the lower M15 timeframe I showed the level where the price broke our resistance line and exited the wedge and made a retest. In the same picture, I marked a possible level where the price may break our support. The main assumption isContinue Reading
XAUUSD is in a good downtrend that can be used without any problems. At the moment, we can observe the formation of the wedge that has formed. The price has reacted to the support that is at the same price level as the wedge limit. We assume declines all theContinue Reading
Welcome to next week where we check what is happening on the charts. EURUSD H4 A currency pair that rebounded initially from the support, but Asia broke the price with practically one move. Currently, in the picture I have marked the support we are on. The price has reacted severalContinue Reading
After quite long price drops, gold has a chance to rebound. The price rebounded from the support, so if we break the local resistance, it will be an opportunity to take a long position. The data for America also did not indicate a strong market turmoil. However, it should beContinue Reading
