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Gold (XAUUSD) Rebounds Above $1,760 Support,Targets the $1,860 High

Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BullishGold’s (XAUUSD) price has broken above the moving averages. The uptrend will resume if the bullish momentum is sustained. After the November 23 breakdown, the Gold price has been consolidating above the $1,760 support. On December 15, the price […]

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Gold (XAUUSD) Consolidates above $1,762 Support as Bulls Resume Upside Momentum

Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold (XAUUSD) has been consolidating above level $1761 support since December 2. The current downtrend has reached bearish exhaustion. Gold has fallen to the oversold region of the market. Buyers are likely to emerge to push prices upward. Besides, […]

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Gold (XAUUSD) Rises Upward, Targets $1,920 High

Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold (XAUUSD) is in an uptrend. The market is rising as the price bars are above the moving averages. The current uptrend is stuck at $1,877 since November 16. The upward move will resume if the current resistance is breached. […]

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Gold retests previous broken lows

Key Resistance: 1787 Key Support: 1779 – 1772 Gold had a very bearish Friday session dropping -1.60% from the lows of the week to Friday’s lows breaking with the previous key level (1787). Now it has pulled back to retest this exact broken level whilst printing a bearish continuation pattern. My trade idea is to […]

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Gold (XAUUSD) consolidates above $1,775 as bulls resume upward move

Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: RangingGold (XAUUSD) is falling after rejection from the $1,820 resistance zone. Today, the bears are attempting to break below the moving averages. Since July 15, buyers have failed to keep the price above the $1,820 overhead resistance. In previous price […]

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