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Xauusdforex

Gold Daily Forcast : SELLIn spite of US-China trade war, emerging market instability and political tensions in the Europe and British , the price of gold is to decrease . According to technical analysis , the growth of price was lasted since the divergence had been appeared and it's believed that there is still room for devaluation . In addition, if the price manage to break the horizontal line ( which is shown in the chart ) , it will be bearish trend . Ultimately. the first target for short position is near to the bottom line of the channel and second target would be the Width of channel ........................ XAUUSD : SELL First T.P : 1262 Second T.P : 1222 S.L : 1324 ( Disclaimer : These analysis are just only our own attitude . Any action you take upon the information is strictly at your own risk and we are not responsible for your benefits or losses . )
OANDA:XAUUSDShort
by Arvin_ForexCamp
XAUUSD (Gold) 4hr tf Elliott wave analysisPrice action from $1355.21 on March 26, 2018 to ~$1316.31 on April 27, 2018 is corrective (3 waves) for XAUUSD. Besides, XAUUSD’s (Gold) downswing from ~ $1352.19 on April 19, 2018 to ~$1316.31 on April 27, 2018 held above the support 1 between $1314.34 and $1315.99. The implication of the above is that XAUUSD should resume a bullish move back upwards as part of another correction (3 wave move) or impulse (resumption of the bullish trend) that should see XAUUSD (Gold) close above the high made on $1365.16 on April 11, 2018. Since both scenarios point upwards for XAUUSD (Gold), trades are safest when placed in the direction of the trend. In this case, a bullish bias is favored for XAUUSD (Gold). The Target for XAUUSD as indicated for a long position is between $1355.74 and $1355.99. Point of invalidation (POI) for this analysis is placed just below Support 2 which lies between $1307.94 and $1308.14. POI = $1306.13
FX:XAUUSDLong
by Coin_Analyst
XAU/USD tests dominant channel downXAU/USD tests dominant channel down In result of the surge that was triggered by two disappointing macroeconomic data releases as well as the rising 55- and 100-hour SMAs the price of yellow metal ended up at the 1,273.00 mark. The further advance seems unlikely, as the exchange rate faces resistance formed by the monthly PP and the upper trend-line of a four-month long dominant descending channel that supposedly started to transform into rising wedge formation. However, the overall market sentiment as well as allocation of pending orders suggest that rise of the bullion might continue. In case the pair crosses the above barriers, it will be free to climb up to the 1,287.15 level, which represents location of the 100-day SMA.
FX_IDC:XAUUSD
by UnknownUnicorn890690