SharpKick
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The resulting oval trend and horizontal support-resistance levels are as seen on the analysis. The bed resistance zone at 40222 level and the breakout and retest activity of the UV trend are quite positive. If it goes above the level of 48628, it turns into a fire place. :)
When analyzed on a weekly basis, it was seen that the falling trend that occurred as of November 2021 was broken within the 16 October session and remained permanent. Within the scope of the new ov trend, it was observed that there was a reaction from the upper resistance level of the channel and the fibo gold ratio. Passing the 2437 level will fuel the positive atmosphere.
#gold #ons #gold - With the strong reaction from the 1810 levels, a upward movement at the degree of 5.46 %and strong levels such as 1900-1924, which he left behind, determined the momentum of the movement. - Next important levels, respectively, are 1940-1980 and 2050 levels. Technical movements obtained as a result of the candle formed last week; Secondary falling trend breakage in the horizontal pricing zone, the study of the 1810 support level, the pricing over the EMA 100-55-21-13-8 and the frustration of the 1924 region, which is an important resistance point.
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