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 but faces rejection at level $1,960. On February 24, a bullish candlestick rallied to $1,974 but plunged back to $1,904. The upward move is facing resistance at the $1,920 high. Nonetheless, Gold is trading […]
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 targets the high of $1,967.The gold price has reached a high of $1,901 which is an overbought region of the market. The market is declining after reaching the overbought region. On the […]
The value of Gold (XAU/USD) undulates near three months’ high briefly visited in past days, rounding up at $1,860 during Asian tranquil session today. This metal experienced most movements ever since last year’s October. On Friday after withdraw the likelihood Fed’s 0.50 percent rate increase, supported by lenient USA’s data, combined with a vast spread […]
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 may revisit $1,850 high. Since January 26, the Gold price has been in a downward move. It fell to the low of $1, 780 as bulls bought the dips. The bullish momentum […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold (XAUUSD) is in a downward move but struggles below $1,820 resistance. On January 26, the Gold price dropped sharply to the low of level $1,785 as bulls bought the dips. Gold price is rising as bulls break above the […]
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 a downtrend but unable to breach $1,860 high. On January 25 uptrend; the bulls could not break the $1,860 overhead resistance as Gold was repelled. Similarly, on November 17, Gold was resisted at the Overhead resistance […]
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 upward move as it resumes a fresh uptrend. Gold price breaks the resistance at $1,830 and resumes upward. Since December 31, buyers have been making frantic efforts to break above the resistance. On January 3, […]
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 a sideways move but may slump to $1,800 low. Gold is retracing as it faces rejection at the high of $1,830. However, if price breaks the resistance level, the market will rise and retest the previous […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold (XAUUSD) is in a downtrend as market reaches oversold region. The upward correction was terminated at $1,830. The selling pressure resumed after two unsuccessful attempts to break the $1,830 resistance. As price breaks below the moving averages, the downtrend […]
