Get started

GOLD/EUR

Technical analysis update: XAUUSD (11th June 2021)Last week gold halted its decline at 1856.040 USD after finding resistance at 1916 USD. Support remains at 1852 USD. We think price will trade in range between support and resistance for a while. There is even possibility that support will be retested, however, we think there is small chance it will be taken out. Technicals are currently mixed. We believe bullish trend of higher degree remains intact and in long term gold has more upside than downside. Though, investors should be aware that there is FOMC next week and price might be volatile. Our long term target of 2100 USD remains unchanged. Here are some prior developements from 26th May 2021: Here we outlined case for sharp and shortlived corretion with support of 1852 USD. Correction subsequently occured and halted its decline at 1856.040 USD. More developements: Here are prior developements from 16th April 2021: Here we outlined our long term targets that were already met. Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
OANDA:XAUUSDLong
by Tradersweekly
4
Technical analysis update: XAUUSD (16th April 2021)Gold has been steadily climbing up since 8th March 2021 when hitting low of 1676.866 USD per ounce. This low was subsequently retested for the second time on 31st March 2021 when price halted its decline at 1677.954 USD per ounce. This is bullish sign for gold, altogether with the fact that gold currently trades around median trendline (white dashed line) of downard moving channel (2 parallel white lines). Technical analysis of MACD and RSI further support bullish case for gold. Our price target for gold is 1900 USD per ounce by year's end. Disclaimer: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
OANDA:XAUUSDLong
by Tradersweekly
4
GOLD NEXT WEEK #19Forecast: Addressing market sentiment regarding Gold backed ETF's, COMEX and BONDs etc. Daily chart analysis, looking at the Gold price from a broader perspective. Fib, 0.618 @ ~1848 is a potential target in May before a deeper correction. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with charts throughout the week as price action develops patterns and pivot reversals points. Topics: Market sentiment, Gold Shares / Gold EFT's, $DXY and US10/30yr Bonds and Yields System: I use a hybrid blend of Wave Principle price action, Fibonacci ratios, RSI indicator and some fundamentals. Disclaimer: nothing talked about in this video should be regarded or seen as trade advise, a trade call, a recommendation, or a trade signal. Do your own due diligence or seek advice from a licensed professional before entering a trade. Best Regards OmarDjurhuus
OANDA:XAUUSD
by UnknownUnicorn212178
Technical analysis update: XAUUSD (6th May 2021)As we yesterday correctly predicted breakout above 1800 USD and hitting target of 1805 USD, we would like to update our forecast. RSI and Stochastics remain bullish while MACD is neutral. Previous resistance at 1799.16 USD became new support for gold. We believe that gold has a chance to maintain its momentum and possibly hit our previously mentioned medium term price target of 1825 USD within few days. Thus, our new medium term price target is 1850 USD per ounce. Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
OANDA:XAUUSDLong
by Tradersweekly
GOLD NEXT WEEK #15Forecast: Price action is a bit stuck and out of favor. Downside target's @ ~1725, ~1716 or ~1707. Upside target's - retest of last weeks high @ ~1757. If bull's get the upper hand and momentum pick's up, look for target @ ~1785ish. As always, keep eye on Bond selling. Trade safe, be well... I'll keep you posted. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with charts throughout the week as price action develops patterns and pivot reversals points. Topics: Market sentiment, Gold Shares / Gold EFT's, $DXY and US10/30yr bonds and yields System: I use a hybrid blend of Wave Principle price action, Fibonacci ratios, RSI indicator and some fundamentals. Disclaimer: nothing talked about in this video should be regarded or seen as trade advise, a trade call, a recommendation, or a trade signal. Do your own due diligence or seek advice from a licensed professional before entering a trade. Best Regards OmarDjurhuus
OANDA:XAUUSDLong
by UnknownUnicorn212178
GOLD NEXT WEEK #14Forecast: If price action follows up on the Truncation/Double bottom pattern, then we can expect a countertrend ABC / Zigzag pattern. B-wave, pull back target's between ~1712 or ~1699. Final bullish C-wave, target's @ ~1776 or ~1787. If price action picks up bearish sentiment and breaks low of ~1678, then target's to look for @ ~1662 or ~1655. I'll keep you posted... Trade safe, be well About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with charts throughout the week as price action develops patterns and pivot reversals points. Topics: Market sentiment, Gold Shares / Gold EFT's, $DXY and US10/30yr bonds and yields System: I use a hybrid blend of Wave Principle price action, Fibonacci ratios, RSI indicator and some fundamentals. Disclaimer: nothing talked about in this video should be regarded or seen as trade advise, a trade call, a recommendation, or a trade signal. Do your own due diligence or seek advice from a licensed professional before entering a trade. Best Regards OmarDjurhuus
OANDA:XAUUSDLong
by UnknownUnicorn212178
5
GOLD NEXT WEEK #13Forecast: Price action is consolidating. Possible complex ABC pattern in the making. If volume is strong this week, UPSIDE target's @ ~1744,1745,1748. DOWNSIDE Target's @ ~1716, ~1714 or ~1710. I'll keep you posted. Trade safe, e well. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with charts throughout the week as price action develops patterns and pivot reversals points. Topics: Market sentiment, Gold Shares / Gold EFT's, $DXY and US10/30yr bonds and yields. System: I use a hybrid blend of Wave Principle price action, Fibonacci ratios, RSI indicator and some fundamentals. Disclaimer: nothing talked about in this video should be regarded or seen as trade advise, a trade call, a recommendation, or a trade signal. Do your own due diligence or seek advice from a licensed professional before entering a trade. Best Regards OmarDjurhuus
OANDA:XAUUSDLong
by UnknownUnicorn212178
XAUUSD GOLD Bearish Analysis As per chart and my Target is $1550#XAU/USD TA Update :- #XAU/USD currently trading at $1771 And According to chart I can expect some more downtrend days for Gold . Currently support broke down. So I can expect my targets for #XAU/USD is :- Support:- $1681/$1545 Resistance:- $1791/$1845 If break $1845 then we can see again New all time high in Gold . But now not possible as per chart. this is My personal view. not financial Advice. #DYOR Please click LIKE button and Appreciate my hard work. Must follow me for latest quality updates. thank you.
OANDA:XAUUSDShort
by CryptoPatel
6