Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold is presently in a downward move. Today, the price is correcting upward and retesting the resistance at level 1740. In the previous downtrend on January 18; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold is presently in a downward move. The market is falling because the bulls are retesting level 1880 to break it. This resulted in a further downward move. On February 4 downtrend; a retraced candle body tested the 38.2% Fibonacci […]
Dadansoddiad Pris XAUUSD - Chwefror 25 Aur (XAUUSD) yn parhau i gael trafferth i aros ar y dŵr pwysau gwerthu o fewn ystod gyfyngedig is na'r lefel $ 1800 drwy'r sesiwn canol Ewrop. Newidiodd y pâr XAUUSD i'r de yn oriau masnachu cynnar dydd Iau gan ostwng i'r lefel isaf o $1787. Codiad cymedrol ym bond Trysorlys yr UD […]
Key Support: 1765 Key Resistance: 1775 – 1785 Long term view Gold, as we have been discussing, is in a very bullish momentum due to investors seeking to protect their capital facing a capital markets collapse due to the pandemic we are living in. We have seen Gold pull back 15% from all time highs […]
Key Resistance Levels: $1,900, $1,950, $2,000Key Support Levels: $1.700, $1,650,$1,600 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) is presently in a downward movement. It fell to level 1785.526 and corrected upward. The upward correction was terminated at level 1855.455. The market has resumed its downward move. On February 4 downtrend; a retraced candle body tested […]
Gold (XAU/USD) climbed higher in the early European session on Wednesday, as a weaker US dollar (DXY) and the expectation of additional US fiscal stimulus boosted demand for the yellow metal. President Joe Biden’s proposed $1.9 trillion stimulus package continued to make significant progress, as Biden agreed on Tuesday to work with a proposal from […]
Gold (XAU/USD) traded on a sideways momentum through the early European session on Monday between the $1819 resistance and the $1808 support. The yellow metal appears to have attracted some dip-buyers over the past few hours and might build on Friday’s bullish recovery from its recent decline to a two-month low. However, the uptick lacked […]
Gold rallied again at the beginning of the week to retest the top of the range it had been trading since the beginning of the year after the big drop from 1958 back in January 6. This bearish breakout is still not confirmed since the last bullish defense line is intact: the Nov. 26 highs […]
Cafodd Gold (XAU / USD) drafferth i gynnal ei gynnydd da o ddoe ac mae wedi adnewyddu ei lefel isaf dyddiol o tua $ 1832 yn y sesiwn Ewropeaidd gynnar ddydd Mercher. Roedd naws risg-ar-y-farchnad gyffredin yn bennaf gyfrifol am y prinder galw am aur, a oedd yn cyfyngu ar unrhyw enillion ychwanegol ar ei gyfer. Hefyd, mae'r pickup yn Nhrysorlys yr UD […]
