gregabre

gregabre

XAU/USD exhibits mixed signals on the 1-hour chart. While oscillators show neutrality with some sell signals, moving averages lean towards selling, and pivot points suggest a neutral to bearish sentiment. The gold forecast hints at a potential decline, with a 60% probability of a price decrease. Traders should exercise caution, waiting for confirmation before...

gregabre

The recent price movement aligns perfectly with my previous analysis. The market is currently progressing towards the key resistance level. The price managed to break out of a descending channel after forming a double bottom at the support level. I believe there is a possibility of gold retracing from the resistance zone and the upward trendline, given that we...

gregabre

BUY #XAUUSD at 1688.50 wait on T/P price 1693.50 or close it at S/L: 1683.50

gregabre

Gold will make a correction at 1755.00 and will return to 1740.00. If it breaks the 1740.00 level, gold will fall lower.