As lastly the XAUUSD pair fly from the bottom & it test back the down area a little last week. My prediction is about XAUUSD to fly into 1930s area to complete its BULLISH move with respective to its pressure from the investors. The main reason behind this technical bull is its testing as we see it has rejected to go further down from 1900 which means it will keep...
As lastly the GOLD pair fly from the bottom & it test back the down area a little last week. My prediction is about GOLD to fly into 1930s area to complete its BULLISH move with respective to its pressure from the investors. The main reason behind this technical bull is its testing as we see it has rejected to go further down from 1900 which means it will keep its...
GOLD almost hit its support area so now we are looking ahead to pullbacks & how impulsive they can be. As for now we are believing the pullback to 1910 area where it can be stopped & test support once again then we can say a proper bullish move to be seem back to 1930s area with new uptrend.
XAUUSD almost hit its support area so now we are looking ahead to pullbacks & how impulsive they can be. As for now we are believing the pullback to 1910 area where it can be stopped & test support once again then we can say a proper bullish move to be seem back to 1930s area with new uptrend.
As GOLD is falling from couples of week & the strengthening of USD may come to an end. Here we can see the GOLD has tried thrice to break the support area but still stays in the same level & so we are believing the BULL move back to resistance area.
As GOLD is falling from couples of week & the strengthening of USD may come to an end. Here we can see the GOLD has tried thrice to break the support area but still stays in the same level & so we are believing the BULL move back to resistance area.
As we are on SELL from couple of weeks & the GOLD has hit its support area. Looking ahead to further bearish pressure seems not coming so our remarks on CPI is neutral & no high move out of trend GOLD will have. Technically the GOLD is at its support & pull back to resistance is going to happen, we can expect fall from the resistance.
As we are on SELL from couple of weeks & the XAUUSD has hit its support area. Looking ahead to further bearish pressure seems not coming so our remarks on CPI is neutral & no high move out of trend XAUUSD will have. Technically the XAUUSD is at its support & pull back to resistance is going to happen, we can expect fall from the resistance.
As GOLD is already in bearish trend & we are still waiting for it to hit the support area & possible the 1900 support. Today we have CPI which is expected to be positive or being neutral so we are believing the GOLD fall after CPI report.
As XAUUSD is already in bearish trend & we are still waiting for it to hit the support area & possible the 1900 support. Today we have CPI which is expected to be positive or being neutral so we are believing the XAUUSD fall after CPI report.
Last week the NFP has no proper effect on market as it do but here now for 2 days im believing a correction to be done in this area & considering a bearish breakout down to 1920s area. This can be possible in CPI on Wednesday.
Last week the NFP has no proper effect on market as it do but here now for 2 days im believing a correction to be done in this area & considering a bearish breakout down to 1920s area. This can be possible in CPI on Wednesday.
For all the fast weeks we were strictly on sell & assuming that it was the final bearish move but wait a minute as it did not ended yet. Today we have a NFP with a -1k forecast whereas my expectation of 200k Result on NFP which is highly positive. As based on my calculations on NFP i am believing a +ve NFP & in order to talk about its effect on GOLD then i can say...
For all the fast weeks we were strictly on sell & assuming that it was the final bearish move but wait a minute as it did not ended yet. Today we have a NFP with a -1k forecast whereas my expectation of 200k Result on NFP which is highly positive. As based on my calculations on NFP i am believing a +ve NFP & in order to talk about its effect on GOLD then i can say...
We are done making a 200 pips of profit on that bearish move & out of the market. Tomorrow i will provide another Analysis about XAUUSD next possible moves & the target area.
We are done making a 200 pips of profit on that bearish move & out of the market. Tomorrow i will provide another Analysis about XAUUSD next possible moves & the target area.
I will explain in a common way as in the early morning we have seen a gap in the markets of BULLs getting in but the pressure from bearish is still so high that the bulls can't keep their rally going on. Today we have a ADP non-farm payroll in which the given forecast is 16k & our expectations for the actual report in 300 - 400k approx which is highly...
I will explain in a common way as in the early morning we have seen a gap in the markets of BULLs getting in but the pressure from bearish is still so high that the bulls can't keep their rally going on. Today we have a ADP non-farm payroll in which the given forecast is 16k & our expectations for the actual report in 300 - 400k approx which is highly...