Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishThe gold price has fallen below the moving averages as it continues its sideways trend. In the previous price action, Gold has been fluctuating between the 21-day line SMA and the 50-day line SMA. Today, it has broken below […]
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 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 […]
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 […]
,XAU/USD renews daily lows near $1,878 price level because the USD grows stronger, and this affected the pair during the early hours of the important week inside which the Federal Reserve monetary policy and the US monthly jobs statements will be given. The promoters that calls for much attention from market partakers are the reduction […]
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 […]
Gold’s value in Asia is kept under control during the Asian session, while the USD keeps gaining strength as its value increases beyond 98.50, as to the Dollar Index. Gold is being sold and bought at $1,925 after starting at $1,921. The dollar started the week on a strong note after last Friday’s heterogeneous Non-farm […]
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 $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For […]
