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Technical Analysis 6 November 2023

This report was created by OXShare

How Does it Work:
A likely scenario is proposed for today, and the probability of achieving this scenario according to technical analysis may be between 60% and 75%, but if the first scenario fails, here the probability of achieving the second scenario becomes between 60% and 75%.
The preferred scenario fails when the price reaches the level of the alternative scenario condition, and immediately gets triggered and cancels the prediction in the preferred scenario.
These reports are not considered a substitute for the trader’s decision, but rather an aid to the follower in making his own decisions, as a reference based on the origin of classic technical analysis.

(Eur/Usd)

Bearish trend

First scenario: fall towards 1.0570 if price holds below 1.0740

Second scenario: rise towards 1.0850 if daily candle closes above 1.0740

(GBPUSD)

Bearish trend

First scenario: fall towards 1.2300 if price holds below 1.2400

Second scenario: rise towards 1.2500 if daily candles closes above 1.2400

Gold (Xau/Usd)

Bullish trend

First scenario: rise towards 2005 if price holds above 1975

Second scenario: retest at 1945 if daily candle closes below 1975

(US30)

Bearish trend

First scenario: fall towards 33700 if daily candle closes below 34100

Second scenario: rise towards 34500 if price holds above above 34100

(Us oil)

Bullish trend

First scenario: rise towards 85.80 if daily candle closes above 82.85

Second scenario: fall towards 79.00 if price holds below 82.85

Notice :
The analyzes and opinions contained in this report are not binding and are not considered recommendations to sell or buy, and the company is not responsible for the decisions and choices of the investor, and the aim of this report is to publish general information through technical analysis.