FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
In this pair, I have analysed and come up with two possible scenarios. The two uptrends shown are very strong and likely to continue. I believe that price may bounce of the first trendline (blue arrow) however if it does breakthrough, it will bounce of the second trendline (green arrows). I believe the second trendline is more likely as it has only had 2 touched on trend ready for its 3rd. Also fdr more confirmation, I have used the Fibonacci indicator and believe 0.618 will act as a support for the second trendline .
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out