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GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is below the resistance 1920.00, continuation of downtrend is expected. We make sure when the support at 1747.50 breaks. If the resistance at 1920.00 is broken, the short-term forecast -continuation of downtrend- will be invalid. Technical analysis: The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend. While the RSI resistance #1 at 51 is not broken, the probability of price increase would be too low. A trough is formed in daily chart at 1846.50 on 09/28/2020, so more gains to resistance(s) 1909.00 and maximum to Major Resistance (1920.00) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 46. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity
22
2 Buy opportunity in XAUUSD , Mid-Term & IntradayMid-Term Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1909.00). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. Take Profits: TP1= @ 1851.00 TP2= @ 1817.75 TP3= @ 1747.00 TP4= @ 1695.00 TP5= @ 1557.00 SL: Break Above 1934.00 ----------------------------------------------------------------------------------------------------------------- Short-Term Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1909.00). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 70. Take Profits: TP1= @ 1884.00 TP2= @ 1875.00 TP3= @ 1866.00 TP4= @ 1848.60 TP5= @ 1818.00 SL: Break Above 1925.00 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
OANDA:XAUUSDShort
by ForecastCity
24
2 Sell opportunity in XAUUSD , Mid-Term & IntradayMid-Term Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1909.00). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. Take Profits: TP1= @ 1851.00 TP2= @ 1817.75 TP3= @ 1747.00 TP4= @ 1695.00 TP5= @ 1557.00 SL: Break Above 1934.00 ----------------------------------------------------------------------------------------------------------------- Short-Term Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1909.00). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 70. Take Profits: TP1= @ 1884.00 TP2= @ 1875.00 TP3= @ 1866.00 TP4= @ 1848.60 TP5= @ 1818.00 SL: Break Above 1925.00 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
OANDA:XAUUSDShort
by ForecastCity
19
GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 1901.20, resumption of uptrend is expected. We make sure when the resistance at 2075.05 breaks. If the support at 1901.20 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see another leg higher if price breaks and closes above the downtrend line of the triangle. While the RSI support #1 at 45 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 1991.10 on 09/01/2020, so more losses minimum to Major Support (1901.20) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 52. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDShort
by ForecastCity
10
GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 1901.20, resumption of uptrend is expected. We make sure when the resistance at 2075.05 breaks. If the support at 1901.20 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see another leg higher if price breaks and closes above the downtrend line of the triangle. While the RSI support #1 at 45 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 1991.10 on 09/01/2020, so more losses minimum to Major Support (1901.20) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 52. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDShort
by ForecastCity
10
XAUUSD . Weekly Technical Analysis Update for GOLDMidterm forecast: While the price is below the resistance 2075.05, beginning of downtrend is expected. We make sure when the support at 1818.00 breaks. If the resistance at 2075.05 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI support #1 at 45 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 1991.10 on 09/01/2020, so more losses to support(s) 1916.20, 1862.45 and minimum to Major Support (1818.00) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 49. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity
17
XAUUSD . Weekly Technical Analysis Update for GOLDMidterm forecast: While the price is below the resistance 2075.05, beginning of downtrend is expected. We make sure when the support at 1818.00 breaks. If the resistance at 2075.05 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI support #1 at 45 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 1991.10 on 09/01/2020, so more losses to support(s) 1916.20, 1862.45 and minimum to Major Support (1818.00) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 49. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity
24
Two great sell opportunities on this chart for GOLDMid-Term Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1976.68). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GOLD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. Take Profits: TP1= @ 1912.35 TP2= @ 1846.24 TP3= @ 1760.04 TP4= @ 1682.08 TP5= @ 1544.91 SL: Break Above 1992.96 ------------------------------------------------------------------------------------------------------------------- Short-Term forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1957.84). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GOLD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 1908.37 TP2= @ 1880.00 TP3= @ 1840.00 TP4= @ 1789.38 TP5= @ 1748.02 SL: Break Above 1992.04 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDShort
by ForecastCity
13
GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is below the resistance 2075.05, beginning of downtrend is expected. We make sure when the support at 1818.00 breaks. If the resistance at 2075.05 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 2014.90 on 08/18/2020, so more losses to support(s) 1916.20, 1862.45 and minimum to Major Support (1818.00) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 51. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity
11
GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is below the resistance 2075.05, beginning of downtrend is expected. We make sure when the support at 1818.00 breaks. If the resistance at 2075.05 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 2014.90 on 08/18/2020, so more losses to support(s) 1916.20, 1862.45 and minimum to Major Support (1818.00) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 51. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity
23
Don't miss the great sell opportunity in XAUUSDTrading suggestion: . There is a possibility of temporary retracement to suggested Resistance line (2036) or also on uptrend breakup. if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of down trend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 45. Take Profits: TP1= @ 2023 TP2= @ 2009 TP3= @ 1983 TP4= @ 1963 TP5= @ 1947 SL= Break above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDShort
by ForecastCity
23
Don't miss the great sell opportunity in XAUUSDTrading suggestion: . There is a possibility of temporary retracement to suggested Resistance line (2036) or also on uptrend breakup. if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of down trend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 45. Take Profits: TP1= @ 2023 TP2= @ 2009 TP3= @ 1983 TP4= @ 1963 TP5= @ 1947 SL= Break above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDShort
by ForecastCity
27
GOLD Weekly Technical Analysis UpdateMidterm forecast: 1939.45 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 2000.00, 1970.20 and minimum to Major Support (1939.45) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 79. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity
27
GOLD Weekly Technical Analysis UpdateMidterm forecast: 1939.45 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 2000.00, 1970.20 and minimum to Major Support (1939.45) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 79. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity
18
GOLD Weekly Technical Analysis UpdateMidterm forecast: . 1818.00 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: . While the RSI uptrend #1 is not broken, bullish wave in price would continue. . A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses minimum to Major Support (1818.00) is expected. . Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. . Relative strength index (RSI) is 83. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDLong
by ForecastCity
34
GOLD Weekly Technical Analysis UpdateMidterm forecast: . 1818.00 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: . While the RSI uptrend #1 is not broken, bullish wave in price would continue. . A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses minimum to Major Support (1818.00) is expected. . Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. . Relative strength index (RSI) is 83. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDLong
by ForecastCity
27