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MarcellusLUX
Apr 18, 2021 12:54 PM

Gold price analysis and prediction for the upcoming week.  

GoldOANDA

Description

Gold has broken the 1757 resistance level, which I was writing about consistently
in the previous week. Currently, there's no significant resistance except the 100 day
MA level at 1780 which might not be a strong hurdle for the bulls.

That being said, a moderate correction and a retest of the 1757 level can still take place
this week. If a retest happens and bullish PA is formed, then it will be a buy opportunity
till 1810.

Sellers need to wait a bit until price reaches the strong resistance levels as shown in the
chart. Either way, be prepared and trade according to price action and not based on prediction.
Comments
JayaFxTrading
Nice analysis. Waiting for your free signal in TG for this one. Thanks in advance!
financialflagship
Solid TA, thanks. 🙌
TheAntrader
Helpful analysis, clean charts.
Perfecto!
amgadsalama
Will be waiting to see what happens in the strong resistance zone. Thanks a lot
TomasRadek
Is 1817 level a good level to sell xauusd?
emillyricci
Nice analysis. I also believe it will go to 1800 this week.
Zaks_ForexRules
Very good chart :)
KlejdiCuni
Great job!
FOREXN1
Nice Analysis :) :) !
FieryTrading
Great forecast, thanks for sharing! 🔥
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