Xauusd4h
Gold uptrend may continue but be carefulGold pulled back on Friday but the uptrend appears to be intact. In fact, Gold bounced nicely from the 100-hour EMA. If price stays above the area that I have highlighted in my chart, then it's possible that the uptrend will continue.
However, if the 2015 level is broken then the next level of support lies at 1980. Either way, I will be looking at some bullish price action at these support levels before placing buy trades.
XAUUSD potential bounce!
XAUUSD expected to reverse up to intermediate support at 1999.60 where it could potentially react and bounce to its resistance at 1st resistance at 2051.38.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAUUSD to reverse from downside confirmation, potential drop!
XAUUSD to reverse from its downside confirmation at 1848.56 where it could potentially drop further to 1814.73.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAUUSD / SELLDivergence appeared on the 15m timetrame as well as the 1hr, I believe once price breaks support its a sell to the next level of support