Viatre

Viatre

-Market Formation: New rounds of the “Trade War” have taken gold back to all-time highs, amid economic uncertainty and tensions. The asset has risen by a record 10% over the past week, in an almost unstoppable move, and if the political situation continues to worsen, possible targets could be at 3300-3500 levels by the end of this summer. -Forecast : After a...

Viatre

-Formation of the market: After the release of the announcement of the introduction of new trade duties in the U.S. and a number of positive economic activity indicators, the dollar is strongly strengthening, thus bringing the price of gold back to the imbalance level of the past growth of 2955, and in general setting a new downtrend, which reduced the position of...

Viatre

-Market Formation: After updating new historical highs, gold corrects twice to the 3000 level, which indicates consolidation of large volumes at this level, thus forming a descending triangle on the hourly chart, and the imbalance level at 2955-2960. It is likely that the growth goals of significant market participants have been achieved, and now there is a...

Viatre

-Market Formation: After the strongest correction of 4%, since last December, the asset falls to the significant support level of 2830, and already after the news about the tightening of foreign trade policy in the United States, the gold price recovers its values and re-enters the range of the past uptrend, which causes the market to form a narrowing triangle on...

Viatre

-Market Formation: After updating a new historical record at 2955, serious resistance was formed at this level, probably on the background of “cooling” of the general world conflicts the price will finally enter the consolidation stage. At the moment the price is moving within the ascending channel, but further movement is likely to occur within a wide...