XAUUSD market analysis for long and short term trends
Updated
XAUUSD Analysis November 29th
- Yesterday's meeting was successful.
- Today's session is about buying and selling
CB consumer confidence supported USD prices yesterday, but gold prices remain hovering around 2050 levels. Today, we expect gold prices to test again around 2036-2028. Expectations from 2018 to 2020 and beyond. This morning, gold failed to break through the tough 2051 resistance zone and fell again. The RSI according to the H1 framework is currently overbought, but there is no sign of divergence. DXY is currently rising to the forecast of 102.9-103.2
There's a lot of news about the US dollar in the market today
With Frame m30, I see that GOLD can increase back to the 205x area.
At this rate, you can buy at price 2041>2042
SL 2038
TP 2048>2055
This week's trend I reminded everyone that it will most likely increase by 207x.
- Yesterday's meeting was successful.
- Today's session is about buying and selling
CB consumer confidence supported USD prices yesterday, but gold prices remain hovering around 2050 levels. Today, we expect gold prices to test again around 2036-2028. Expectations from 2018 to 2020 and beyond. This morning, gold failed to break through the tough 2051 resistance zone and fell again. The RSI according to the H1 framework is currently overbought, but there is no sign of divergence. DXY is currently rising to the forecast of 102.9-103.2
There's a lot of news about the US dollar in the market today
With Frame m30, I see that GOLD can increase back to the 205x area.
At this rate, you can buy at price 2041>2042
SL 2038
TP 2048>2055
This week's trend I reminded everyone that it will most likely increase by 207x.
Note
Was it okay yesterday everyone, hit TP 2050Note
Today there is no recommendation to sell
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