AhmadRad

AhmadRad

You can sell right now and take profit near 1763. Pick low size and put SL.

AhmadRad

these days falling is consequences of Fed announcement. but how much does this last? supply chain disruption, increasing wage, expected inflation 8.9, Ukraine war and its impact on food and energy... . I don't think so this falling last much, I bet on raise. look at my previous idea

AhmadRad

Few days ago Fed have rose money rate to fight inflation, this made gold weak against dollar. But I think this effect is temporary. as you see the chart, a sharp daily candle has changed neutral trend, which nearly had zero slope. then gold price decreased , and EMA's slope got increasingly descending. based on this explanation, the price tends to gets low as...

AhmadRad

Last year, the pandemic got controlled by governments, They have tried to keep unemployment rate low by injecting money to the economies. Although contradictionary policy began by major economies since last three month ego, but it's slow, and some other fundamental issues make expected inflation higher. So my prediction for this month is xauusd range going to be...

AhmadRad

High inflation in key economies and disruption in supply chain made gold strengthened, so I think the major trend is still up. Although previous week US Treasury bond yield, cause descend in gold rate. in technical view SMMA crossed the Envelop, and I expect that price range be in 1807-1764 for the next week.

AhmadRad

Slowing down tapering policy by the Fed because trying reduce unemployment rate, raise more jobs and increase export in post covid era, makes dollar weaker than gold. So gold price is in a major bullish trend until further notice. Lets get to the next week price forecasting: Analysis and calculation is done, concise result is, it seems price range will be in...

AhmadRad

I think Xauusd is going to be up by the next weekend. Probably it'll swing between 1805-1845 range.

AhmadRad

I think proper position for the next week beginning is a buy position in buy limit pending order form.

AhmadRad

During the Next week, I think its going to be bearish. My target is 1850

AhmadRad

It's expected to be an uptrend, and buyers vicinity.