Monthly: So far, the downward structure remains relevant, so we expect beginning of the downward movement in the direction of the bottom Bollinger band (1907.8)
Weekly: confirmation of the downward movement - a significant rebound from the strong resistance zone 2111.7. Goals are 1907.8 and 1848.0.
Daily: using yet a weak ADX bears move the price down, so we expect a breakout of the bottom envelope and then a rollback to the middle Bollinger band (2071.8), where t the best entry point down will be found
Expectations:
The main scenario - drop to 2000.0, then an upward rollback to 2071.8 followed by start of the mid-term drop to 1907.8
The alternative scenario - a direct drop to 1907.8
solutions:
1. Sales from 2071.8 to 1907.8 ( in the medium run)
2. Sales from the market (based on development of the alternative scenario).
"Brent"
Monthly: the scenario with a continuedcorrection towards the middle Bollinger band (60.52) is fully justified . From there, bears will get a chance to continue an overall long-term downward trend.
Weekly: Active ADX trend also says about the upcoming surge to 60.52. Upon that, an impulse nature of the movement is possible.
Daily: northern outlook from the Bollinger envelopes, however, there is sufficient overboughtness, so there is another scenario - a rollback to the middle band (42.97, see the blue arrow.)
Expectations:
The main scenario - surge to 60.52
The alternative scenario - a downward rollback to 43.00 followed by growth to 60.52.
solutions: we are looking for buy signals on local timeframes with the goal 60.52!
Gold
Monthly: vague parameters of ADX can be related to the two fronts at the same time - northern and southern. But as long as Bollinger envelopes are neutral, we expect a downward rollback from the resistance 1318.31.
Weekly: the price is about to get overbought but we see that bulls are attacking with the trending ADX, so the resistance 1318.31 may be under load .
Daily : here is a well-shaped and very strong bullish signal - a breakthrough of the upper Bollinger envelope and all this happened on a very strong ADX. An evident surge of gold! At the same time, the price has made a technical pullback toward the middle band (1240.03)
Expectations: growth to1350.0. The price can make a pre-pullback to 1240.03.
solutions: we shall buy gold on downward pullbacks. The best possible area for entry points is 1240.03, but it may be not provided.
en 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
