amirmolayi

There are two main scenarios for gold:1. The green line indicates that Friday's price correction will be followed by an upward movement in the coming week, potentially reaching around 2070. Before the upward trend, there is a possibility that the price line might touch the orange line.2. The red line suggests that the price will reach a range between 1960 and 1933.Based on the analysis, the green scenario appears to have stronger possibilities. However, gold can be likened to a basketball that, when subjected to harder bounces, tends to rebound higher. However, it is important to note that the market may experience a range-bound movement in the coming week.It is always recommended to consult with qualified professionals or conduct further research before making any financial decisions.If you have any further questions or comments, feel free to share them.

The chart indicates 2 possible outcomes:1.The price reaches the gray zone(demonstrated with blue)2.The price hits the orange zone(demonstrated with yellow).

As chart shows price touches the white line(below 25k) and after that:1.The green line shows price goes up, higher than28k.2.The red line shows price goes down under 20k.

As we see Federal reserve increased interest rate frequently to control inflation and it totally didn't work.How did Jerome Powell respond to inflation? It is like we have a tank that has a big hole in the bottom, and to avoid decreasing the liquid, we add more gallon of that. No body can convince investors that fed still should keep hiking interest rate. The decision causes more stress in financial system. soon more banks will face bankruptcy. And what will be next action of Fed? Subsequently again rising interest rate. Anyway, as chart shows there are three scenarios that have been drawn in three different colors. White shows repeating the previous rise which repeated two times. Green shows Jerome Powell's decision wasn't a good idea. On the other hand, red shows that even though the decision was tough, could work for a while. I wish the best for all of you specially those who work hard to keep the value of their assets.

As we see on chart, price has broken support line. We expect to see the price reaches under 1600, 1500; at 1450. Never trade based on my idea.

What I see now notice me to share it. We might see a huge fall now. I close my long now. Never trade based on my idea.

As chart shows, whenever price hit green lines, it rised and at least could touch black line. Chart is clear. Never trade based on my idea.

As I mentioned on previous post about gold, we are getting closer to our targets. It takes time till we understand when to trade based on Fed's decision and when not to trade. Intrest rate is not the only factor in market. We need to know the reason behind the existence of this market. The goal is to control value of currency by existing liquidity. Right now shorters are suppling this liquidity proudly by entering short position on each resistance line. It seems 1680 is a point that central banks buy(center bank). Never trade based on my idea.

As we can see, 1680 is strong support. price might hit 1680 again, but we can't be sure about that. Let's see. Never trade based on my idea.

As we are aware of federal reserve's new policies, we don't let others deceive us. This market has two sides, long position for when it's bullish and short position for bearish. It depends on ourselves, we want to fight with this market or walk with that. You can hold some coins and wait for 5 years but remember there is no guarantee that all these coins could be beneficial till then. Lots of them might leave us forever. Use existing opportunities and fix yourself with real world because you can't match market with your dreams. Even if price face an increment , it's just an opportunity to enter short position. Unless if we see changes in federal reserve's policies. Never trade based on my idea.