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 sideways move but is unable to sustain above $1,870. XAUUSD price has continued to fluctuate between the 21-day line SMA and the 50-day line SMA. Since May 24, the bulls have retested the resistance at […]
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 correction as it fluctuates below $1,870. Gold is trading above the 21-day line SMA but below the 50-day line SMA. Buyers could not push the Gold to reach the 50-day line SMA, hence the […]
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 may face rejection at $1,859 . The price broke below the moving averages to reach the low of $1,799. For the past week, the support has been holding as Gold made an […]
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 declines to $1,748. XAUUSD is falling to the previous low of $1,799. The current fall has reached the oversold region. The market has declined and it is approaching the historical price of […]
3 MANDATORY INGREDIENTS FOR PERMANENT TRADING SUCCESS “Stop trying to force trades with strategies that don’t work for you. Instead, enjoy the freedom of executing trades that fit your psychology and that help you reach your financial objectives.” – VTI In case you didn’t know, trading is the second most difficult job in the world. […]
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 price breaks below the moving averages as it targets the low of $1,791. On May 2, XAUUSD declined to the low of $1,854 and made an upward correction. The uptrend has been repelled […]
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 downtrend as it faces another rejection at $1,896 high. On April 18 uptrend; Gold was repelled at the $1,998 high. The bears broke below the moving averages to reach the low of $1,881. The gold […]
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 as sellers emerge at $1,953 high. The upward move will resume if the current support holds. The selling pressure will resume if price breaks below the moving averages. Meanwhile, on April 20 downtrend, […]
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 as it battles resistance at $1,980. Buyers are expected to push Gold to the high of $2,070. Presently, XAUUSD is trading in the overbought region of the market. The upward move is doubtful as […]
