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Goldforecast

Gold: unyielding gold loyal to dollarI told u guys about gold having trend in trend in 1htf in previous post and what is likely to play and we've only broken down from orange uptrend and now trying to head down to the down part of the yellow trend. The market pulled out of 1695 zone which I put as the first target. If the zone is to be crossed 1670s will be next down followed by 1660s. If the 1680-95 zones is crossed 1670s and 60s will be a nice place to try a buy to keep opportunity if hold. Decline to 1640s can still be on the card for the Bears.
FX:XAUUSD
by Metalixt
XAUUSD - GOLD CURRENT SITUATION#XAUUSD - #GOLD - As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet. - By now, GOLD must go to 1671 LEVEL. After that, the PRICE must go up at 1910, definitely a STRUCTURE BREAK If one comes. Definitely follow the STRUCTURE we have given. CPI DATA further DOWN GOLD PRICE. Wait until the TREND LINE on the PRICE CHART BREAKS. - Currently, US 10Y is slightly UP. Also, DXY is also slightly UP. For this reason, GOLD is going down now.
OANDA:XAUUSD
by benny_marshall
XAUUSD - GOLD CURRENT SITUATION#GOLD - - As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet. - By now, GOLD must go to 1671 LEVEL. After that, the PRICE must go up at 1910, definitely a STRUCTURE BREAK If one comes. Definitely follow the STRUCTURE we have given. Before that, the GOLD PRICE can be UP on the TRENDLINE by today's CPI DATA until the 1789 LEVEL. Pay attention to that too. - Currently, US 10Y is slightly UP. Also, DXY is also slightly UP. For this reason, GOLD is going down now. Anyway, everyone is waiting for US CPI DATA to come out today.
OANDA:XAUUSD
by benny_marshall