February 22, 2024

A good chance to buy Ripple. Bearish mood on EURAUD and GOLD

Good afternoon dear friends!

Today I have prepared for you several forecasts for such tradinginstruments such as XRPUSD, EURAUD and GOLD.

XRPUSD

As you can see on the chart, the price is now in a kind of support zone, which is formed by the support level of 0.247 and the support line.

Therefore, I predict that the price will go up, approximately to the resistance level of 0.266.

A good chance to buy Ripple. Bearish mood on EURAUD and GOLD

EURAUD

</strong>Let’s now walk a little through the not-so-popular EURAUD currency pair. As you can see, the price is now at the resistance level of 1.630, which it has already broken through and has returned back under it.

I predict that the pair expects a fall from this resistance level of 1.630. Well, the goal of sales will be the support level of 1.610.

A good chance to buy Ripple. Bearish mood on EURAUD and GOLD

Gold

</strong>Well, I left the gold for last!

And, as we can see, gold has now reached a strong resistance level of 1487. In general, the downward trend is still in effect, and in addition to this, an important support line was recently broken.

Therefore, my forecast is this, I expect the price to fall to the support level of 1447, near the support line.

A good chance to buy Ripple. Bearish mood on EURAUD and GOLD

And that’s all for today, dear friends!

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Good trading to everyone and of course profit!