Get started

Goldforecast

GOLD (XAUUSD): Technical Outlook Ahead of NFP 🥇 Traders, remember that we are expecting the NFP release today. Here is my technical outlook for Gold ahead of the news. Analyzing a daily time frame, we can spot that the market is under a strong bearish pressure. The market is very close to a key daily support 1803 - 1811. Checking a 4H time frame, I see a slowing bearish momentum and a consolidation. The price started to respect 1827 - 1833 intraday resistance. For now, I would suggest to wait for a test of a daily support and look for a confirmation to catch a pullback from there. Alternatively, a bullish breakout of the underlined red resistance will confirm the initiation of a correctional movement. Lastly, in case of very bearish news, I will post the updated analysis on a weekend. For now, I strictly recommend not to trade the market and wait for the fundamentals first. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
6
XAUUSD possible buy and sell zone!XAUUSD is in long term downtrend. Pirce already has broken the monthly support and currently going up for deeper pullback. As of today's range, we could find both buy and sell opportunity from nearest liquidity zone. if the price break previously daily high, we can look to sell as there is still probabilily to drop to daily support level again. On the otherhand, as there is strong structure created on the daily support, lowertimeframe rejection on the neckline of the structure can give us opportunity to buy for short term.
TVC:GOLDShort
by ForexWizard01
XAU/USD pullback on the cards, eyes on 1910Hello traders, due to US dollar strength especially after the FOMC last week, Gold and other USD pairs have declined strongly. However, the USD bull run might have hit a roadblock. This gives us an opportunity to look for a pullback in XAU/USD. 📌 My focus is on the rectangular area that I have highlighted in my chart. 📌 The level 1860 could trigger the pullback as this level seems to have some institutional orders. 📌 My potential buy entry would be between 1861-1865 with SL below 1850 and TP at 1910
OANDA:XAUUSD
by MarcellusLUX
5