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Given the current global situation, there is a significant bullish trend in the OANDA:XAUUSD market. Therefore, I believe that gold will remain a highly demanded asset. Another week closed with a powerful candle. The market has been moving up without major pullbacks for several weeks now. The next target for gold could be the round level of 2400 and then...

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So, yesterday we saw strong growth - the price soared from the level of 2275. And overcame a new maximum of 2305. Today we also expect important news. Therefore, correction is possible. Gold rarely lends itself to technical analysis - it is now near the upper line of the channel. However, we know that Gold is a metal that is constantly being invested in and bought...

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The price perfectly fulfilled my last idea. It hit the target. OANDA:XAUUSD reached the key resistance level. It tested the channel border as well. On the 4H timeframe, we have lost some of the bullish momentum. It seems like bulls are out of breath and they need some rest, which means pulling back from the resistance zone. Today we also have high-impact news...

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Currently, the price is pulling back toward the resistance/range zone. The market has reacted many times to this key level before. I expect the price to go to the support level from this resistance if the market makes a fake break of the level, like a long-tailed bar or double top showing level rejection and weakness. My goal is the support level at 1.24910

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The market is losing momentum at the support level, and I think it will move sideways until the NY session. Keep in mind that there is news coming out later that could move the market in any direction. I expect the market to move up and then downward to retest the February low. My goal is the support level at 1.07000

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You can see that the month of March closed with a super bullish candle. On the weekly timeframe, you can see the failed long tailed bar, which shows that the bears tried to push the market down. And I think short-term pullbacks will remain buying opportunities; these could be round levels or Fibonacci retracement levels. OANDA:XAUUSD is rising for a variety...

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The market is updating the higher lows. However, it's not updating the higher highs, which suggests that bulls are putting pressure on the resistance zone. FX:USDCAD USDCAD made an impulse move and formed equal highs. The price keeps testing the resistance, and I think the market will break through it. On the daily timeframe, it formed a bullish long-tailed...

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Yesterday, the market went higher even though it made a pullback into the range zone after rejection. OANDA:XAUUSD failed to move higher and pushed back. I think the market may retest the resistance, then go down to recent support levels, breaking through the upward channel border. The market formed a long-tailed bar on the daily timeframe, which suggests...

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This week the price of OANDA:XAUUSD XAUUSD made ATH and went down, as I predicted in my last weekly forecast. Clearly, gold prices are under downward pressure. The strength of the TVC:DXY often moves in the opposite direction to gold, making it less attractive when the dollar is strong. The recent false breakout of the resistance zone in gold price...

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The price is testing the resistance zone. FX:USDCAD is moving sideways on the 4H timeframe. The market has reached a strong resistance zone on the D timeframe, which suggests that we may have a pullback from the resistance zone. There is high-impact upcoming news we should be aware of that can shake the price in any direction. I expect a pullback from the...

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The price moved lower and reached the support area. OANDA:EURUSD is at a quite strong support level. It formed a bullish divergence at the channel border. I expect a retest of the resistance. My goal is the resistance at 1.09000

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Last week's pullback from the 2185 resistance zone resulted in sideways movement instead of a clear pullback. The market remains within the range established on Tuesday. If OANDA:XAUUSD falls lower, a complex pullback could form. On a daily timeframe, this may resemble a fakey bar setup that involves a level rejection and support level bouncing.

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The market made over 10% in the last 3 weeks or so. Everybody expects that OANDA:XAUUSD will continue moving higher. It is possible that the price may retest the 2250 level. However, the current situation tells us the gold might pull back. On the daily timeframe, the market reached the massive channel border and made a fake breakout of it. Price action made...

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The price perfectly fulfilled my last idea. OANDA:XAUUSD has been moving upward almost without any pullbacks. The key level that will play an important role this week is 2148.99 because the market will decide whether to close below or above it. On the daily timeframe, we have lost some of the bullish momentum. It seems like bulls are out of breath and they...

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The price perfectly fulfilled my last idea. It reached the targeted level. OANDA:XAUUSD broke above the range zone and made an impulse move. The market updated swing highs and fixed above the 2100 level. I think that the price reached the point where it might most likely pullback. If the price makes a fake breakout, then we can expect a correction. I expect...

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OANDA:XAUUSD closed with a massive bullish candle on the daily timeframe, and for the first time in history, the market closed above the 2070 key level. You can see that the market stopped right at the resistance zone at 2088. The market bounced off this level two times in a row, at the beginning of December and at the end of the same month. On the daily...

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The price perfectly fulfilled my last idea. It tapped the entry zone and then went straight up and hit TP. The market is overall in a sideways trend, and the price is forming a triangle pattern, which is a trend continuation pattern. OANDA:XAUUSD updated swing highs. Basically, the market is swinging around the mean price of 2030. I think the price may rise...

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The price bounced off the level, but it could not reach the recent highs. The market is moving inside the Friday range, which means another sideways move. It made a complex two legged pullback from the resistance zone. The market is testing the previous day low. I think if the market makes a fake breakout of the level, we have a higher chance of the price moving...