Gold XAU/USD (Everything you can imagine is real!)

Updated
Updated View On Gold XAU/USD (6 Apr 2021)

Gold is having a decent rebound since late last week and now it has reached the resistant zone of $1,730~$1,750 region.
I expect the up move shall stalled soon and it may swing around for now.

$1,720 will be the first support and $1,700 will be a strong support.


Let' see.


DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!



Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Note
Updated View On Gold XAU/USD (7 Apr 2021)

Gold is going along as we expected. the resistant zone of $1,730~$1,750 will hold the price from going UP for now.

So, $1,720 will be the first support and $1,700 will be a strong support.

Keep Calm and Carry On.

snapshot
Note
Updated View On GOLD XAU/USD (12 Apr 2021)

Gold is making some pull back as per projection in the early Monday morning.
I can see that 1,732~1,736 is an good support region for now and it is where we can expect some support to come in.

The real market move shall come in only from tomorrow onward. So, the current pullback shall give you a very good opportunity to get out from your short positions with profits.

snapshot
Note
Updated View On Gold XAU/USD (14 Apr 2021)

Gold had an strong intraday rebound and it moved up from the low of $1,724.5 region
The bullish push shall continue and it shall retest around $1,755 soon.

Let' see.


DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

snapshot
Note
Updated View On Gold XAU/USD (15 Apr 2021)

Gold is moving along as we expected and it shall go higher 1760~1771 region.
It is not advisable to take any short position right now.

snapshot
Beyond Technical AnalysisForexforexsignalsGoldsonicrmasterysonicrsystemTrend AnalysisXAUUSD

Related publications

Disclaimer