FOREXRSMV

FOREXRSMV

The dollar is in a sideways range ahead of the news, which generally indicates a neutral mood among traders. Strong news can either renew the dollar's decline, which will be favorable for gold, or have the opposite reaction, so it is necessary to look at the actual data. Technically, the gold is approaching the ATH and there is a high probability that the price...

FOREXRSMV

Locally, on H1, there is resistance at 2400. Most likely, a small correction may follow before a further rise. At the moment there is no reason for a strong fall, but I don't rule anything out.

FOREXRSMV

Technically, if we pay attention to the D1 chart, gold is testing a conglomeration of strong support: False break of MA-200 + trendline support, as well as bounce from 2350-2355 support level, which means the approximate area of intermediate bottom of the ranyke and forms a global range of 2485 - 2350. But, the fight for 2350 is not over yet. Resistance levels:...