Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BullishGold is currently testing the $1,810 high but faces rejection at $1,828. The overbought zone has been achieved by positive momentum. Buyers have been unable to maintain the price above the $1,840 high since November 16. A retraced candle […]
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 but holds above $1,622 as sellers retest current support. On September 26, Gold declined to the low of $1,621 as bulls bought the dips. XAUUSD has resumed an upward correction as price broke above […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold is making an upward correction and it is stuck below the resistance at $1,660. On the upside, if price breaks above the 21-day line SMA, the uptrend may continue above the 50-day line SMA. However, if Gold turns […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold has continued to decline as it targets the low of level 1489.93. On August 12, buyers attempted to keep the price above the moving average lines but were repelled. The price broke below the moving average lines and […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold declines to the low of $1,660 but sellers threaten to short. Gold is likely to further decline because of the rejection at the 21-day line SMA. Meanwhile, on September 2 downtrend; a retraced candle body tested the 61.8 […]
A pressão de venda quase empurrou o preço XAU/USD para uma profundidade anual depois de quebrar um importante nível de suporte. Além disso, isso ocorreu durante o início da Manhã Europeia. Para fazer isso, o metal amarelo teve que registrar uma tendência de baixa de 3 dias seguidos. Após uma decolagem chata do dia, o rendimento do Tesouro dos Estados Unidos recebeu ofertas. Isso aconteceu quando os comerciantes […]
XAU/USD permanece pressurizado perto de US$ 1,700, já que as forças de baixa respiram após a maior queda que aconteceu em um dia. Esta é a primeira vez em duas semanas que uma queda tão grande será vista e isso aconteceu devido à inflação dos Estados Unidos. É importante saber que a ausência de acontecimentos econômicos […]
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 sellers resume selling pressure. XAUUSD’s price has been making a series of lower highs and lower lows. On September 1, XAUUSD declined to the low of $1,688 and resumed an upward correction. Incidentally, […]
Strong Anticipations that The Federal Reserve will keep tightening its monetary policy keep repelling traders from the non-profiting Gold. Initially, the reason why the Fed keeps tightening monetary policy is to curb inflation. Frankly, the market is currently considering the possibility of a 75 basis points rate increase at Fed’s gathering this month. Furthermore, this […]
