Based on recent technical analysis, the XAU/USD (Gold vs. US Dollar) pair exhibits a neutral to bullish trend. The daily chart indicates that technical indicators are directionless around their midlines, suggesting potential for upward movement.
FXSTREET
The Moving Average Convergence Divergence (MACD) indicator is at -4.81, signaling a potential sell. However, the Relative Strength Index (RSI) stands at 50.27, indicating a neutral position. Additionally, the 20-day exponential moving average is at 2636.41, suggesting a buy signal.
TIPRANKS
Considering these mixed signals, the XAU/USD pair may experience consolidation in the near term, with potential resistance around the 2665 level. A breakout above this resistance could lead to further gains
FXSTREET
The Moving Average Convergence Divergence (MACD) indicator is at -4.81, signaling a potential sell. However, the Relative Strength Index (RSI) stands at 50.27, indicating a neutral position. Additionally, the 20-day exponential moving average is at 2636.41, suggesting a buy signal.
TIPRANKS
Considering these mixed signals, the XAU/USD pair may experience consolidation in the near term, with potential resistance around the 2665 level. A breakout above this resistance could lead to further gains
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✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
Disclaimer
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✅ Gold Scalping Signals (5-6 signals)
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.