wasiu2015

wasiu2015

Gold price hovers around the EMA50, waiting to get positive momentum that assist to push the price to resume the expected bullish trend for the upcoming period, organized inside the bullish channel that appears on the chart, reminding you that our next target is located at 2075.25 Holding above 2010.00 is important to continue the expected rise, as breaking it...

wasiu2015 Updated 

Gold price faced negative pressure to break 1975.00 level and approaches the most important support at 1962.35, and as long as the price is above this level, the bullish trend scenario will remain active for the upcoming period, reminding you that our waited targets begin at 2000.00 followed by 2009.30. I remain long on xauusd as price is above 1977 as at the time...

wasiu2015

Hello Everyone, Please see our updated 4h chart levels and targets for the week. . Looking at the 4-hour chart, the upward trend is still favored with the EMA line reversing. Alongside this, the US dollar has faced strong selling pressure and continues to extend into today, which plays an important advantage for gold prices. In the long term, we remain...