After the corrective wave, we may witness a new upward wave targeting levels between 40004.4 - 40558.8, which represent potential targets for the upward movement.
We are cautiously monitoring the current prices of gold as developments in the Middle East continue to push gold towards new peaks Therefore, we will have a detailed scenario for the movement of gold, which is as follows: - Gold shows purchasing power at the peaks and has positive results, which pushes gold from the 2330 areas towards 2254 after an implicit...
Gold behaves upward, as when it falls in good and high volume amounts but without results, it perfectly shows the continuation of the rise until the 2300 or 2314 areas with increasing tensions in the Middle East. The wave is in the fifth wave with the possibility of an extension phenomenon appearing until 2335
Gold now shows clearer negativity than ever towards the possibility of decline Therefore, it is likely that gold will flop towards the initial 2214 levels, then we will monitor the closings on the four-hour candles for the American markets, as well as the confirmation signal of the daily closing below 2212, so that gold will be officially negative towards 2170 at...
Gold is trading in an important area now, closing two four-hour candles Coming below the 2265 level will be a negative target for gold. Areas 2233 or areas 2214. However, in the event of a positive close above 2265, it will be strongly positive and may reach $2300 per ounce.
After the positive closing of gold at the highest levels of $2222 per ounce and confirmation that the close is above cluster 2205, gold continues to be positive towards areas 2256 to areas 2286, which in turn may be areas of initial retracement. After that, we will monitor trading volumes and selling signals, if any. Please note that we will monitor the speed of...
The GBP-CAD pair is suffering from a continued decline within five clear waves on the four-hour frame. It is hoped that re-drafting patterns will form at the first zone. Then complete the descent up to or below the demand areas
Wave analysis for #GBPJPY on the 4-hour time frame: There is potential for further upward movement.
After the analysis succeeded in reaching the peak of $2222 per ounce, gold begins its downward journey But as he is known for, he does not fall easily without hitting the beginners' positions, so there will be possibilities for gold this week. 1- Based on the speed of the rise and fall, the re-correction will occur until the 1980s at least 2- Breaking the bottom...
After penetrating the common low in a third wave, the New Zealand dollar begins to complete its decline until the end of wave 3, then corrects at the common low to begin the decline in a fifth wave.
The AUDUSD pair appears ready to rise in a third wave from the specified demand area Height will be preferred. The news on the US dollar will accelerate its rise towards the peaks
The GBP/Australian Dollar pair is preparing to enter the third wave C after completing waves A and B on a four-hour frame. It is expected that the rise will reach the supply areas at the top or higher
NZDUSD The more severe the decline, the more likely a rebound will be in the demand areas
West Texas Intermediate crude🔻🔻🔻 Oil prices in the regions are expected to fall towards US$74 per barrel 🛢
EURUSD It is still growing towards the formation of a third wave
Gold moves within a positive range compared to the speed of movement, volume, and effort expended to move
EURUSD forecast this week, starting from 1/22/2024 The scenario is a bit complicated, but it is within the specified supply and demand zones
The movement is now carried out through a separation zone, which is 2006 There is expected to be an initial correction from 1998-1995-1991 Then going back and up and depends on the quantities and voltage that he climbs with it is weak Up only zones 2011-2014 Or continue until 2019 In the event of strong momentum, a return to the top as areas 2028 or more is very likely.