Market Analysis- July 27 Gold (XAUUSD) price turns favorable for the bears. The sellers are outsmarting the buyers and pushing the yellow metal price down. After a bearish trend towards late June, the buyers attempted to break into the 1981.460 market zone. However, the sellers managed to push them back. This week, the buyers have […]
Gold (XAUUSD) Market Analysis – July 20 Gold (XAUUSD)price falls back to the 1965.050 market level amidst bullish influence. Recently, the market has seen some interesting activity. After a long period of bullish influence, the buyers have dropped their guard and are taking a bite at the 1965.050 key level. Despite this pullback, the general […]
Market Analysis – July 13 The Gold bulls are maintaining their optimistic outlook as they set their sights on the key zone at 1981.460. This week, the buyers demonstrated unwavering determination as they started off on a strong note and successfully surpassed the crucial level at 1940.380. With this progress, it appears that the buyers […]
Market Analysis – July 6 Gold has exhibited a bullish ascent over the past week, signaling a short-term uptrend. However, this upward movement is likely a retracement within the context of a higher time frame bearish trend. The ongoing ascent of XAUUSD may soon encounter a pause as it reaches a significant resistance level. XAUUSD […]
Gold Analysis – Sellers Approach the 1902.540 Key Level Gold buyers seek upside amid a tendency. The XAUUSD buyers have been fighting an uphill battle lately, with the Gold price dropping as a result of sellers pulling out of the market. The Bears have been attacking the 1902.540 significant level, causing the buyers to be […]
XAUUSD Analysis – Buyers Struggle to Keep Up With Demand The Gold price plummets as buyers struggle to keep up with selling momentum. After the buyers managed to push prices up to the 2051.810 key zones, it became apparent that the bulls were unable to sustain their strength and began to lose ground with the […]
Market Analysis-June 15 Gold launched from the demand zone of 1978.0 to create its last swing high at 2070.0. The retracement to the demand level turned out to be a change in market direction as the support level failed to hold. Gold Key Levels Support Zones: 1890.0, 1804.0, 1693.0Resistance Zones: 1978.0, 2043.0, 2070.0 Gold Long-Term […]
Market Analysis-June 8 The Gold market turned bearish on the higher timeframe (daily) at the cross of the Simple Moving Average (SMA) of periods nine and twenty-one in May. The price declined under a resistance trendline. The resistance trendline has been defied with a retest at the supply level of 1978.0. Gold Key Levels Resistance […]
Market Analysis -June 1 Gold has succumbed to bearish pressure in the market, signaling a shift in its market structure. The sellers emerged at the supply level of 2067.0, leading to a significant decline in the value of gold, which has dropped by approximately 6.53 percent since reaching the supply zone. Gold Key Levels Resistance […]
