Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BullishGold is currently trading in the bullish trend zone as it challenges the $1,810 high. The price of Gold is erratic between the moving average lines but is locked at the 50-day SMA. The moving average lines must be […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BullishGold crosses above the moving average lines as it faces rejection at $1,786. On November 4, XAUUSD surged to a high of $1,776 and then recovered above the $1,628 support. The market has become overbought as a result of […]
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 downtrend but has rebounded above the $1,622 support as it approaches the resistance at $1,720. XAUUSD’s price has broken above the moving average lines. If it maintains a position above the 50-day SMA, the uptrend […]
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 downtrend as it holds steady on $1,622. Sellers have been unable to break through the present support since September. Bulls purchased the dips as Gold fell to a low of $1,621 on September 26. XAUUSD […]
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 downtrend but holds above $1,622 as sellers retest current support. On September 26, Gold declined to the low of $1,621 as bulls bought the dips. XAUUSD has resumed an upward correction as price broke above […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold is making an upward correction and it is stuck below the resistance at $1,660. On the upside, if price breaks above the 21-day line SMA, the uptrend may continue above the 50-day line SMA. However, if Gold turns […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold has continued to decline as it targets the low of level 1489.93. On August 12, buyers attempted to keep the price above the moving average lines but were repelled. The price broke below the moving average lines and […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold declines to the low of $1,660 but sellers threaten to short. Gold is likely to further decline because of the rejection at the 21-day line SMA. Meanwhile, on September 2 downtrend; a retraced candle body tested the 61.8 […]
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 downward move as it retests crucial support at $1,680. The market has been declining from the high of $1,765. It will decline to the previous low at $1,680. The downtrend will resume when the previous […]
