Dukascopy

XAU/USD daily overview

OANDA:WTICOUSD   West Texas Oil
During Monday’s trading session, the yellow metal was surging towards the descending medium pattern line at the 1,226.00 level to end the trading session at the 1,222.68 mark. On Tuesday morning , the gold was supported by the 55-hour simple moving average to trade at the 1,223.45 mark.

In regards to the near-term future, most likely, the gold will keep surging upwards to the medium pattern line at 1,226.00 level to trade at the 1,224.00 level during the trading session on Tuesday.

However, the rate could depreciate to pass through the support of the 55-hour simple moving average to trade at the 1,216.00 level on Tuesday.
Nov 21
Comment:

During Tuesday’s trading session, the yellow metal was resisted by the descending medium pattern line at the 1,219.95 level to end the trading session at the 1,222.68 mark. On Wednesday morning, the gold was trading between the 55-hour and the 200-hour simple moving averages at the 1,222.42 mark.

In regards to the near-term future, most likely, the gold will trade sideways to remain at the 1,220.00 level during the trading session on Wednesday.

On the other side, the yellow metal could pass through the support of the 200-hour simple moving average at 1,213.06 to trade at the 1,215.00 level.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out