Gold is trading around $2,642/oz, with minor fluctuations expected in the next hour. Resistance is at $2,650, and support at $2,640. Watch for any geopolitical or economic updates for movement triggers.
Gold is trading around $2,642/oz, with minor fluctuations expected in the next hour. Resistance is at $2,650, and support at $2,640. Watch for any geopolitical or economic updates for movement triggers.
Hi traders would like to share my forecast for XAUUSD Hope you have profitable trade
pivot point is at 66370. preference The downside prevails as long as 66370 is resistance. Alternative scenario The upside breakout of 66370, would call for 74760 and 79760. Comment The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average...
The forecast for gold prices next week suggests that prices may range between $2,439 and $2,695 per ounce. It’s expected that prices will be around $2,567 on Friday, September 6th, and $2,570 on Monday, September 9th.
The short-term forecast for XAU/USD (Gold vs. US Dollar) suggests a positive bias1. Gold prices are currently trading within a range between $2,500 and $2,5312. If the price holds above the upper boundary of this range and surpasses $2,532, it could potentially reach $2,6003. However, a decline below the crucial support area of $2,483-$2,477 could lead to a...
Predicting short-term movements in the gold market (XAU/USD) can be quite challenging due to various influencing factors like economic data, geopolitical events, and market sentiment. However, based on recent trends and technical analysis, if the price breaks below the key support levels around $2500, it could indicate a bearish trend, leading to further selling pressure.
Hi Traders Expectation of the movement of gold in the coming period: Continue above the blue rectangle and rise to levels 2564. Under the blue rectangle, the drop to levels of 2456.
Expectation of the movement of gold in the coming period Continue above the blue rectangle and rise to levels 2536 Under the blue rectangle, the drop to levels of 2335
Hi traders would like to share my forecast for XAUUSD Hope you have profitable trade. From a technical perspective, there’s an ascending parallel channel visible on the chart. Last week, Gold experienced a significant pullback, almost to the middle of that channel.
Hi traders would like to share my forecast for XAUUSD Hope you have profitable trade