gold trend

GOLD TECHNICAL ANALYSIS

XAUUSD break dowm  $1270,  then $1255 could be possible support, followed by $1258 and then down to $1246 area August jobs data comes out on Friday. Median expectations are +220k for nonfarm payrolls and the jobless rate is expected to tick lower to 6.1%. A beat on this front would likely put additional pressure on the Fed to tighten. This review…

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GOLD TECHNICAL ANALYSIS

Gold – Trend Change Developing, Just Not ConfirmedYou can notice some signs that the movement is facing a turning point:net-long position in gold rose 20 percent to 136,929 futures and options contracts in the week to July 1, according to U.S. Commodity Futures Trading Commission data published last week. That’s the highest since March 18 and up fourfold since the start of…

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GOLD TECHNICAL UPDATE

will 1333 will break today gold rose during the course of the session, showing the Wednesday session to be positive after all. However, we need to get above the $1333 level in order to see the next levels. A pullback at this point in time should bring in buyers from the short-term charts, and as a result we believe that the $1310…

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GOLD TECHNICAL UPDATE

xauusdcontinue with the trendSupport during the last lies in the short term the level of 1311below that 1296-1304 Key level will be used for longer term bullish trend created leave is at 1280 points On the other hand, we can see resistance points in the 1326 1333 1349 The principal resistance level lies in the level of 1360 This review does not including…

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GOLD TECHNICAL UPDATE

xauusd as I say my last post we are going to high levelsSupport during the last lies in the short term the level of 1311below that 1296-1304 Key level will be used for longer term bullish trend created leave is at 1280 points On the other hand, we can see resistance points in the 1326 1333 1349 The principal resistance level lies in…

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GOLD TECHNICAL ANALYSIS

XAUUSD The metal has made an impressive move last week Now the picture becomes longer term bullish as if we look at the daily level, we can see a number of things Support during the last lies in the short term the level of 1296-1304 Key level will be used for longer term bullish trend created leave is at 1280 points On the other hand,…

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GOLD TECHNICAL ANALYSIS

Gold (XAU) remains fragile and below the psychological level of 1300 US dollars an ounce. The precious metal is now trading around the level of 1286if we will look the charts we can see that we are going to 1267 levelsfrom there we will need to see if its break or take……..good luck  This review does not including any document…

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GOLD UPDATE

XAUUSDif we will look closely on the charts we can see that gold found Temporary Bottom at 1276 areamy inducator shows that for today it may reach till 1311 areabe ready and keep eye on himnfp at 15:30 area you ready……… This review does not including any document and / or file attached to it as advice or recommendation to buy /…

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GOLD UPDATE

XAUUSD are we see the correction for the last uptrend….. support levels stay in 1361next 1349key support 1328resistance 1376if gold break again 1376 so 1420-30 is on the way in the other hand break down 1328 will lead to lowers levels This review does not including any document and / or file attached to it as advice or recommendation to buy…

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GOLD FORECAST

XAUUSDgood morning as i predict the gold reach to 1373 area now he have resistance at 1376-9 areaif we look the weekly chart we can see that if gold break those levels up we are going to see 1420 area and even 1530support levels for this scenario are stay at 1297 area This review does not including any document and / or file…

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