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FX.co ★ Comprehensive analysis of movement options for gold, palladium, platinum, and silver (H4) on July 15, 2020

Comprehensive analysis of movement options for gold, palladium, platinum, and silver (H4) on July 15, 2020

Minute operational scale (H4)

Second half of July - overview of the movement options for the main precious metals gold, palladium, platinum, and silver on July 15, 2020.

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Spot Gold

The development of the Spot Gold movement from July 15, 2020 will be determined by the development and direction of the breakdown of the range:

  • resistance level of 1800.00 - the reaction line RL23.6 of the Minuette operational scale forks;
  • support level of 1785.00 - the UWL38.2 warning line of the Minute operational scale forks.

If the warning line UWL38.2 of the Minute operational scale forks is broken, the support level of 1785.00 will determine the Spot Gold movement to the borders of the 1/2 Median Line channel (1780.00 - 1767.00 - 1755.00) and the equilibrium zone (1750.00 - 1730.00 - 1710.00) of the Minuette operational scale.

In case of breakdown of the reaction line RL23.6 of the Minuette operational scale forks - resistance level of 1800.00 - the development of the movement of this instrument will continue towards:

  • starting line SSL Minuette (1813.00);
  • local maximum 1817.00;
  • control line UTL Minuette (1824.00);
  • with the prospect of reaching the price of the SSL initial line tool (1854.00) and the channel boundaries 1/2 Median Line (1861.00 - 1890.00 - 1919.00) of the Minute operational scale forks.

Details of the Spot Gold movement from July 15, 2020 can be seen on the animated chart.

Comprehensive analysis of movement options for gold, palladium, platinum, and silver (H4) on July 15, 2020

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#PAF (Palladium) Current Month

From July 15, 2020, the movement of #PAF (Palladium) will be determined by the development and direction of the breakdown of the range:

  • resistance level of 2022.00 - the lower border of the channel 1/2 Median Line of the Minute operational scale forks;
  • support level of 2000.00 - the upper border of the channel 1/2 Median Line of the Minuette operational scale forks.

With the breakdown of the support level of 2000.00, the development of the Palladium movement can continue within the boundaries of the 1/2 Median Line channel (2000.00 - 1970.00 - 1941.00) and the equilibrium zone (1960.00 - 1918.00 - 1878.00) of the Minuette operational scale forks.

In case of breakdown of the resistance level at 2022.00, #PAF movement will begin to flow within the 1/2 Median Line channel (2022.00 - 2071.00 - 2121.00) of the Minute operational scale forks, taking into account the development of the initial - SSL (2080.00) and control - UTL (2093.00) lines of the Minuette operational scale forks.

The markup of #PAF (Palladium) motion options from July 15, 2020 is shown on the animated chart.

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Comprehensive analysis of movement options for gold, palladium, platinum, and silver (H4) on July 15, 2020

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#PLF (Platinum) Current Month

The development of the #PLF (Platinum) movement from July 15, 2020 will be determined by the development and direction of the breakdown of the boundaries of the equilibrium zone (838.0 - 823.0 - 808.0) of the Minuette operational scale forks - details of the motion marking in this zone are shown in the animated graph.

In case of breakdown of the lower border of ISL61.8 of the Minuette operational scale forks - support level of 808.0 - the downward movement #PLF can be continued to the goals:

  • warning line LWL38.2 (800.0) of the Minute operational scale forks;
  • local minimum 790.5;
  • warning line LWL61.8 (772.0) of the Minute operational scale forks.

If the upper limit of the ISL38.2 zone of equilibrium of the Minuette operational scale forks is broken - resistance level of 838.0 - the Platinum movement will be directed to the initial SSL line (848.0) of the Minute operational scale forks scale and the channel boundaries 1/2 Median Line Minuette (855.0 - 865.0 - 875.0), with the prospect of reaching the SSL Minuette start line (881.0) and the 1/2 Median Line (887.0 - 911.0 - 935.0) of the Minute operational scale forks.

Details of #PLF (Platinum) motion options from June 15, 2020 are shown on the animated chart.

Comprehensive analysis of movement options for gold, palladium, platinum, and silver (H4) on July 15, 2020

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Spot Silver

The development of the Spot Silver movement from July 15, 2020 will also be determined by the development and direction of the breakdown of the range:

  • resistance level of 19.335 - initial line of SSL of the Minuette operational scale forks;
  • support level of 18.900 - reaction line RL23.6 of the Minuette operational scale forks.

Breakdown of the reaction line RL23. 6 forks operating scale Minuette-support level 18.900-a variant of the development of the movement of Spot Silver to the borders of the channel 1/2 Median Line (18.700 - 18.500 - 18.300) and equilibrium zones (18.300 - 18.000 - 17.670) a minuette operating scale fork.

Breakdown of the reaction line RL23.6 forks of the operational scale Minuette - support level 18.900 - option for the development of Spot Silver movement to the borders of the 1/2 Median Line channel (18.700 - 18.500 - 18.300) and the equilibrium zone (18.300 - 18.000 - 17.670) of the Minuette operational scale forks.

Details of the Spot Silver movement options from July 15, 2020 are shown in the animated chart.

Comprehensive analysis of movement options for gold, palladium, platinum, and silver (H4) on July 15, 2020

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The review is compiled without taking into account the news background, the opening of trading sessions of the main financial centers and is not a guide to action (placing "sell" or "buy" orders).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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