XAU/USD drops sharply below $1,960 as USD Index extends recovery XAU/USD not-exiting from the consolidation might be start dropping again and start focusing on new resistance it might be possible as per my prediction and opnion. Technical Analysis: Gold price is consoliding in a range of $1,932-1,985 for the past three weeks on a four hour. The precious metal is...
Pound Sterling finds it difficult to attract bulls GBP/USD has met renewed bearish pressure in the European morning and declined towards 1.2400 following a quite asian session. The negative shift seen in risk mood seems to be helping the US Dollar (USD) hold its ground and the pair could continue to react to changes in risk perception in the absence of high-tier...
XAU/USD oscillates around $1960 amid mixed responses to Fed's June policy Gold price (XAU/USD) is auctioning inside the woods around $1960.00 in early London Session. The precious metal is displaying back-and-forth action as the investing community is divided about the interest rate decision by the Federal Reserve(Fed) to be taken in June's monetary policy...
XAU/USD aims to sustain above $1980 amid fragile USD Index ahead of US NFP The only catalyst that can save the index USD from a further casualty is the United States Non Farm Payrolls (NFP) data. Economists at commerzbank expect if the US labor market report for May is strong and above expectations, the Dollar could rise. Further, they added that given the fairly...
XAU/USD turns volatile after facing barricades around $1950 amid hawkish Fed bets Gold price(XAU/USD) is displaying topsy-turvy moves after facing stiff resistance around $1948.00 post a less-confident pullback. The precious metal is expected to remain on edge as the street has changed its anticipation to a hawkish stance from neutral mood by the Federal...
XAU/USD bears are in the market but bulls setp up The hourly impulse sees the price correcting back inside towards a major area of support. Gold price stalls on the offer and bulls are moving in. Trendline resistance could come under pressure. As per week's analysis, Gold price Forecast: XAU/USD bulls committed on the front side of the bull trend, whereby the...
Aussie under pressure, looking at YTD lows shown H&S Pattern at 1-hour chart AUD/USD Current Price 0.66161 At the beginning of the American session, AUD/USD lost the support area and continue downward towards. The bearish bias will remain strong while the pair trades below 0.6630. If it drops below seems likely the strong support area. On the 1-hour chart, the...
XAU/USD on its way to test $1900 XAU/USD Current price: 1955.89 XAU/USD bearish run far from over, with a test of $1900 cards. XAU/USD is oversold in the near term. In the 1-hour chart, technical indicators stand at extreme levels, partially losing their bearish strength but without anticipating a potential bounce. At the same time, the bright metal trades far...
XAU/USD trades in the red on Wednesday, and technical readings in 1H chart suggest the slide may continue. Technical indicators are crossing their midlines into negative territory with modest downward slopes, yet at the same time, Gold extends it decline below a directionless The 1 hour chart shows that speculative interest is bearish, with the nearm-term bounce...
The price of gold crashed today and now is trading at 1989 at the time of writing. The downside pressure remaind strong as the DXY is bullish despite minor retreats. Fundamentally, the UK, Eurozone and chinese data came mixed. Still, the Canadian inflation figures and the US data bought sharp movements. The Canadian CPI reported a 0.7% growth versus the 0.5%...
The market will drop after the resistance zone. Price action rejected this level two times on higher tf the created big bearish move
Key resistance: 1.26400 Key support: 1.25700 if the price breaks through 1.25700, it might continue correction false break down of the resistance line H&S pattern is quite strong signal, but we have an uptrend which may condradict this pattern
Continuing my predictions for NASDAQ:XAU (GOLD) on this new thread. As predicted from far back as Jan30th,2019: Gold bowled and created a 'Cup & Handle' pattern.We're about to break out into real 'Price Discovery' range for the first time since 2011.
XAUUSD falls continue step by step and reached the support. 1680 price broken the support level. we can open short position till 1650 price level as soon this will happen next target can be 1650.
CAD/JPY SELL AT 84.950 TP 1: 84.600 TP 2: 84.281 TP 3: 83.800 SL: 85.300 Short Term Signal For Scalp
EUR/JPY SELL AT 129.200 TP 1: 128.900 TP 2: 128.600 TP 3: 128.200 SL: 129.700
XAUUSD Bearish still in downtrend. Price can make new trend from 1680 support after consolidation. we can open short till 1680, XAUUSD will start rise from 1680 in my opinion.(1680) can be our main target now.
GBPUSD SELL Entry Point 1.39500 TP: 1.38980 Sl: 1.39921