Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold is in an upward move. On May 6, the bulls broke the resistance at $1,800 as price rallied to $1,840. Gold pulled back and resumed upward move. On May 13 uptrend, a retraced candle body tested the 61.8% Fibonacci […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold price has resumed upward move after breaking the resistance at $1,780. The market pullback to retest the $1,780 support and then resumed upward. This signals the resumption of an upward move. Meanwhile, on April 22 uptrend, a retraced candle […]
Belangrike weerstandsvlakke: $ 1,900, $ 1,950, $ 2000 Belangrike ondersteuningsvlakke: $ 1,750, $ 1, 700, $ 1,650 Goud (XAUUSD) Langtermynneiging: BearishGold was in 'n kort opwaartse neiging namate die mark tot 'n hoogtepunt van $ 1.797.72 gestyg het. Die paar is in die weerstandsone van $ 1,800 8 afgestoot. Tans wissel die mark onder die onlangse hoogtepunt. Op XNUMX April uptrend; die teruggetrokke [...]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold is in a brief uptrend as price reaches a high of $1,800. The resistance at $1,800 and $1,810 are historical price levels of February 23. The uptrend is facing resistance at the recent highs. Similarly, on April 8 uptrend; […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: RangingGold is making positive moves as price breaks the resistance at $1,750. XAUUSD will be out of the range-bound zone if the bullish momentum is sustained. The upward move may face resistance at $1,800 and $1,840. In the previous price […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: RangingGold is in a range-bound move. Since March 5, XAUUSD is fluctuating between levels $1,675 and $1,750. For the past month, these levels have remained unbroken. Gold has been trading marginally. Today, the Gold price has been rising to retest […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold is in a range-bound move. However, since March 17, the Gold price has been fluctuating below the $1,750 resistance. Meanwhile, on March 8 downtrend, XAUUSD fell to $1,676.86 low. A retraced candle body tested the 61.8% Fibonacci retracement level. […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold is presently in a downward move. The current downward move was a rejection from $1,950. On March 8 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that Gold is expected to fall to […]
Gold (XAU/USD) remained in a rangebound mode for the second consecutive session, despite its underlying bullish bias. The precious metal traded within the tight range between $1,740 and $1,720, following a decent rebound from the $1,700 psychological support. The US government bond yields also traded in a sideways momentum, while the Dollar Index (DXY) remained […]
