Technical analysis for Copper is showing, that after five weeks of consolidation the price formed descending triangle on the daily chart and the 4H chart. If the price breaks above…
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commodities
Gold – Technical analysis, the price reached support and the second target of the daily bearish trend and bounced from it, starting a consolidation
Technical analysis for Gold is showing that the price reached support, 0.618 FIB retracement and the second target of the daily bearish trend at 1670 and bounced from it. Now…
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US Oil Technical analysis, the price retested previously broken trend line and closed with a low-test candle on the weekly chart ahead of the OPEC meeting
Technical analysis for Crude Oil is showing that after the initial leg down, the price bounced from the previously broken trend line, which now is a support on the weekly chart…
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UK Oil Technical analysis, the price bounced from ascending trend line on the daily chart and is consolidating in a range ahead of the OPEC meeting
Technical analysis for Brent Crude Oil is showing that after the initial leg down, the price bounced from support on the daily chart at ascending trend line and 0.618 FIB…
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US Oil Technical analysis, the price reached both horizontal and dynamic resistance and started a pullback
Technical analysis for the Crude Oil is relieving that the price almost reached the first target of the 3rd bullish daily wave at 1.618 FIB extension around 70.00. The price…
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UK Oil Technical analysis, the price reached the first target of the 3rd daily bullish wave and started a pullback rejecting resistance
Technical analysis for the Brent Crude Oil is relieving that the price reached the first target of the 3rd bullish daily wave at 1.618 FIB extension on the daily chart…
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Copper – formed tweezer tops on the weekly chart signaling a potential pullback
The price formed tweezer tops on the weekly chart, signaling a potential pullback. This pullback is shaping as an ABC pullback on the daily chart. If the price breaks below…
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Silver – high-test candle on the monthly chart signaling a potential pullback in the price
Silver high-test candle on the monthly chart, and double tops, on the weekly, signaling a potential pullback in the price. On the 4H chart, the price broke below a bearish…
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Gold – broke below the double bottoms and support level
The price broke below the double bottoms and support level around 1765 on both, the weekly and the daily charts, extending the weekly pullback. The break continues the 3rd bearish…
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Gold – price is approaching the previous weekly low
technical analysis – 7 – 13 FEBRUARY 2021 The price is approaching the previous weekly low and support zone between 1765 – 1800. If we see a rejection of that…
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Crude Oil – price broke 3 weeks range to the upside
Technical analysis 7 – 13 FEBRUARY 2021 The price broke 3 weeks range to the upside on both the weekly and the daily charts, also on the daily chart the…
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Brent Crude Oil – broke above 3 weeks range
technical analysis for 7 – 13 February 2021. The price broke above 3 weeks range on both the weekly and the daily charts, clearing the way toward the first target…
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