XAUUSD NeutralTime Frame: 4H
Symbol: XAUUSD
Bias: Neutral
The price pattern of gold is not showing any optimism for the time being. An obvious sign of lethargic movements is the position of different moving averages that we have attached for technical analysis purpose. We do not see any significant bias.
Xauusdforex
Gold XAUUSD Gold XAUUSD for the first time since April XAUUSD has formed a higher low and trying to break the resistance level of $1867, buyers are trying to take control and their power will be tested on the $1875 to $1877 level, breaking this level will lead Gold XAUUSD to test the level of $1900
Investors with long positions are advised to hold till the confirmation of the breakout then add to their positions .
Investors with short positions are advised to activate the stop-loss above the resistance level of $1875.
OANDA:XAUUSD TVC:DXY COMEX:GC1! COMEX:GC2!
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1852.145
TP: 1752.506
SL: 1920.319
Bias: Short
For this instrument our major bias is short. There is a possibility of dropping from the current price level. Provided that the conditions are in favor, we can expect a sell trade from the current pattern.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1862.945
TP: 1781.341
SL: 1929.285
Bias: Short
For this instrument our technical ,fundamental and sentiment analysis show that the pair will go down before moving up . So our projection is for the bearish opportunities and thereby we are to look for a short opportunity.