Vàng / Đô la MỹGiá lên
XAUUSD BUY
XAUUSD GOLD MOVEMENT
Breaking down through an area of consolidation after a long time building up orders in the area, Potential retest of the bottom region of the area which could lead to a potential short position down to the target areas of 1770 to 1775
Support and Resistance , A way to draw a horizontal line !
Support, S and Resistance, R
1. Definition
1.1. Support is a zone where price moves up.
1.2. Resistance is a zone where price moves down.
- Support and Resistance can interchange when that zone is overcome by price
2. Support and Resistance levels
2.1. Horizontal line
2.2. Trendline
2.3. Moving averages
2.4. A Fibonancci level that you often use (Fibo 61.8)
2.5. A ratio of pattern AB=CD , or a Fibo derived from Harmonic pattern
….
Support and Resistance level are mostly depending on the trading skills and experiences of individuals
You and me would discuss a way to draw a horizontal line
Midterm forecast:
While the price is above the support 1762. 05 , resumption of uptrend is expected.
We make sure when the resistance at 1875.15 breaks.
If the support at 1762. 05 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend 1 is not broken, bearish wave in price would continue.
A peak is formed in daily chart at 1855.50 on 02/10/2021, so more losses minimum to Major Support (1762. 05 ) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 37.
If you find this helpful and want more FREE forecasts in TradingView
- Please show your support back,
- Hit the LIKE button,
- Drop some feedback below in the comment!
Your Support is very much appreciated!
Want us to help you become a better Forex trader?
Breaking down through an area of consolidation after a long time building up orders in the area, Potential retest of the bottom region of the area which could lead to a potential short position down to the target areas of 1770 to 1775
Support and Resistance , A way to draw a horizontal line !
Support, S and Resistance, R
1. Definition
1.1. Support is a zone where price moves up.
1.2. Resistance is a zone where price moves down.
- Support and Resistance can interchange when that zone is overcome by price
2. Support and Resistance levels
2.1. Horizontal line
2.2. Trendline
2.3. Moving averages
2.4. A Fibonancci level that you often use (Fibo 61.8)
2.5. A ratio of pattern AB=CD , or a Fibo derived from Harmonic pattern
….
Support and Resistance level are mostly depending on the trading skills and experiences of individuals
You and me would discuss a way to draw a horizontal line
Midterm forecast:
While the price is above the support 1762. 05 , resumption of uptrend is expected.
We make sure when the resistance at 1875.15 breaks.
If the support at 1762. 05 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend 1 is not broken, bearish wave in price would continue.
A peak is formed in daily chart at 1855.50 on 02/10/2021, so more losses minimum to Major Support (1762. 05 ) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 37.
If you find this helpful and want more FREE forecasts in TradingView
- Please show your support back,
- Hit the LIKE button,
- Drop some feedback below in the comment!
Your Support is very much appreciated!
Want us to help you become a better Forex trader?
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.