XAUUSD Technical Overview: Pivot: $1200.20 Key Resistance: $1199.85 - $1204.28 - $1207.47 - $1211.89 Key Support: $1194.33- $1191.56 - $1188.00 - $1186.66 Day Trading Range: $1204 - $1186 Technical Indicator: RSI: The indicator lacks upside momentum, moving below 50 level. Moving Average: SMA 100 ($1199.65), SMA 200 ($1198.45), SMA 50 ($1201.50) strong...
XAUUSD Technical Overview: Pivot: $1197.10 Day Trading Range: $1194 - $1214 Key Resistance: $1204.45 - $1207.29 - $1212.66 - $1218.89 Key Support: $1197.10 - $1194.22 - $1191.45 - $1189.56 Technical Indicator: RSI: RSI lacks downside momentum, trading above 50 level. Moving Average: SMA200($1198.94) & SMA100($1200.48) strong support for xauusd today. ...
XAUUSD Technical Overview: Day Trading Range: $1188.85 - $1207.27 Pivot: $1202 Key Resistance: $1202 - $1205.35 - $1207.89 - $1212.33 Key Support: $1196.28 - $1194.69 - $1191.89 - $1189.21 Technical Indicators: RSI: Indicator is confusing where to go, moving around 50 level, trend downward (See chart RSI). MACD: MacD is having negative volume for...
XAUUSD Technical Overview: Pivot: $1197.20 Day Trading Range: $1200 - $1186 Key Resistance: $1196.44 - $1200.00 - $1205.89 Key Support: $1193.35 - $1189.56 - $1186.78 Technical Indicators: Moving Avg: SMA100 ($1198.33) & SMA200($1200.12) strong resistance for the day. MACD: MacD is having low buyer volume and try to get seller volume soon. Most Likely...
XAUUSD Pivot: 1198.00 Day Trading Range : $1186.45 - $ 1198.89 Key Resistance: $1196.45 - $1198.89 - $1204.00 Key Support: $1189.56 - $1186.45 - $1182.27 Technical Indicator: Moving Avg: SMA1100($1196.60) & SMA200($1204.16) both are strong resistance for yellow metal for the day. MACD: MacD having negative volume for Gold. Most Likely Scenario: short...
Heading into KS i see Rejection to upside and good Bearish PA. Good to Sell below TS and Target 1259.50 Stop would be Candle Close above KS high.
As usual, our style of Trading : Downside Breakout only if bearish flag works in XAUUSD But its bearish flag, so prefer downside Breakout We Enter Breakout direction with proper stops On False Break , Reverse the trade During volatile times there will be single directional breakouts only