FOREXRSMV

FOREXRSMV

XAUUSD feels support from the Chinese markets after positive hints from the People's Bank of China revived hope for stimulating the economy. Also from the European side - the ECB cut its key rate, in anticipation of another, fourth cut in December... Strong data from the US on Thursday pointed to a solid economic outlook, but this failed to change the odds of a...

FOREXRSMV

Support levels: 193.5, 191.7, 190.0 Resistance levels: 195.5 The acutal situation on the chart is directed towards the continuation of the movement. The market structure is changing, the fundamental background is on the side of the buyer. We are waiting for the breakthrough of the key resistance (trigger) and the continuation of growth...

FOREXRSMV

This is noteworthy because it eases the immediate selling pressure on BTC. China officially unveiled a fiscal stimulus package aimed at revitalizing the economy. The package is aimed at low-income households, as well as supporting real estate markets and replenishing the capital of state-owned banks. Mt. Gox moved its debt maturity date to October 31, 2025....

FOREXRSMV Updated 

XAUUSD is forming a double bottom from which a rally towards strong resistance is forming. CPI showed worse than expected data, surprisingly. Manipulation? Price has not yet moved out of the corrective channel. Ahead of PPI Resistance levels: 2645, 2651, 2660 Support levels: 2637, 2623, 2600 Technically, XAUUSD is in a correction phase. From the bottom of the...

FOREXRSMV

XAUUSD is in consolidation with gradually narrowing local extrema. Non Farm Payrolls are ahead. Before NFP, traders resorted to adjusting positions, taking profits on the US dollar rally. The encouraging data weakened bets on an aggressive interest rate cut by the Fed. However, the decline in gold prices remains subdued due to heightened geopolitical tensions in...

FOREXRSMV

XAUUSD is in consolidation with gradually narrowing local extrema. Non Farm Payrolls are ahead. Before NFP, traders resorted to adjusting positions, taking profits on the US dollar rally. The encouraging data weakened bets on an aggressive interest rate cut by the Fed. However, the decline in gold prices remains subdued due to heightened geopolitical tensions in...

FOREXRSMV

Technically,the coin shows negative, bearish dynamics, forming gradually declining highs without the possibility to approach the retest of local peaks. Bitcoin and digital assets are increasingly correlated to macro factors, so be sure to protect your portfolio from volatility as the market approaches a rate decision .

FOREXRSMV

Its moving my anlyssis , so its valid for sell again 142 - 140 range set Tp as i mentioned earlier .

FOREXRSMV

XAUUSD updates the high to 2586, forming a local resistance, which acts as some trigger zone for the continuation of growth. But Friday's closing is neutral, which may influence a correction to support before the news. Resistance levels: 2586.18, 2600 Support levels: 2573.29, 2562.7, 2550 A break of resistance will be a trigger for the continuation of growth....

FOREXRSMV

📌The price return to the resistance area will confirm the readiness to test 2530 for a breakout. If the bulls manage to pass this zone, we should count on growth, but the bears are holding this area quite aggressively. 👀There is also a high probability to catch a short-squeeze and further decline to 2506-2500🤡 Resistance levels: 2530 Support levels: 2514, 2512, 2506

FOREXRSMV

Technically, everything is inclined to the further decrease of the dollar, which will be reflected on the currency pair. But, we should expect high volatility, within the framework of which, if the bears do not hold 141.68, the price may test 142.2 - 142.8 before further falling to 138 - 136. Support levels: 140.75, 140.25 Resistance levels: 141.68, 142.2,...

FOREXRSMV

Technically, since the price is in a range and tested the resistance area earlier, the MM has a liquidity target at the bottom. Consequently, gold may test support (false breakdown) before heading towards resistance again. Emphasis on the channel boundary. Resistance levels: 2517, 2531 Support levels: 2501, 2493, 2477

FOREXRSMV

Possible correction to the pattern boundary, before further growth and retest of 2520. But if from Monday's opening the price goes straight to 2520, it will be a good signal that the market is strong and ready to go to ATH. Resistance levels: 2520, 2530 Support levels: 2500, 2493

FOREXRSMV

Emphasis on the wedge. The price can stay inside the boundaries as long as it wants, but a break of the resistance may cause an impulse that will send the price northward. Fundamental and technical background is favorable at the moment. Resistance levels: 2500, 2519 Support levels: 2493, 2486 Technically, gold after a false breakdown is returning to the channel...

FOREXRSMV

Technically, the focus is on the 2510 - 2495 range. If a false breakout of resistance is formed, profit-taking or MM actions may provoke price decline to the imbalance zone before further growth. But, a confident consolidation of the price above the resistance may form an impulse to 2525. Resistance levels: 2510, 2525, 2550 Support levels: 2495

FOREXRSMV

Xauusd continues to find support in the geopolitical tensions in the Middle East, the situation is still heated to the limit. Technically, the price continues to head towards 2477-2483. Retests of resistance for a breakout of the level continue. Resistance levels: 2477, 2483, 2500 Support levels: 2458, 2450 On high news volatility, the price may form a quick...

FOREXRSMV

XAUUSD strengthens to an interim high and hits strong resistance at 2477.5. Fundamentally, traders are still watching the situation in the Middle East as there are rumors of different nature every day. If the conflict escalates, it will only increase the interest in the metal. Also, traders are waiting for CPI (to be published on Wednesday) to determine if the US...

FOREXRSMV

The problem with a symmetrical triangle is in the earlier sessions, that no one knows where the price will go until the actual exit. Globally we have a bull market, locally there is pressure from the bears. After breakout of the symmetrical triangle resistance 2419, after correction move it will retest 2403,2400 zone, but if the economic factor has a bullish...