Weekly Predictions (Mar 4 - 8)

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Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)

Updated

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

Support and Resistance Oscillators predictions forecast XAUUSD Gold dailychart 4hrchart

supportandresistance oscillator predictions forecast xauusd gold dailychart 4hrchart

- Oscillators approaching oversold territory
- Price closed at previous resistance, may function as support now

Comment:

4-hr chart

snapshot

- RSI and Stochastic Oscillator both indicating that the pair is oversold

Comment:

- Analyse the zones that the pair ranges in during the week to identify support and resistance

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