XAUUSD (GOLD) is moving under a consolidation phase and not able to hold its higher level of $1865. If it holds above this mark then we can seem next resistance level of $1875 and $1885. XAUUSD is also taking resistance of its trend line which is also near to $1865. On downside, it is taking Read More
XAUUSD (GOLD) is trading under its range within a symmetrical triangle on the four-hour chart, having succeeded to defend the rising trend line support, then at $1,842.It is taking support of its rising trend line .If it manages to hold above $1865 mark then we can see good up side movement and it can test Read More
XAUUSD Analysis (GOLD) is not holding its higher level and coming down it also given upwards slopping trend line break out which indicate more selling in it. Yesterday it made a low of $1841.60 If it sustain below this mark then we can seen selling towards next support zone of $ 1830 and $18110. On Read More
XAUUSD (GOLD) Analysis. last week has given good recovery after breaching its downward trend. It made a afresh high in two weeks. as the softer US dollar joins. cautious optimism during the early Monday morning in Europe. That said, the commodity poked 21-DMA. while refreshing the multi-day. high around $1,859, around $1,855. by the press Read More
XAUUSD (GOLD) yesterday. is showing strength and bounce back from its support level . The upside breakout and the subsequent daily closing. above the 200-DMA reinforced the bullish interests. Although it remains to be seen if bulls can retain control, as the 14-day Relative Strength Index (RSI) continues to inch lower below the midline. Further Read More
XAUUSD (GOLD) analysis is moving in a narrow range. between $1,830 and $1,807. If it breaks through the $1800 support area. and continues below that mark. Then we can see the next levels at $1,780 and $1,770. Fed Chairman Jerome Powell’s hawkish comments on Tuesday. also underscored market expectations. for the US central bank to Read More
XAUUSD Analysis (GOLD). Gold edged lower for the second successive day on Wednesday. It not able to hold its strength above $ 1830. and came down towards its crucial support level of $ 1800. The XAUUSD Analysis gold remained on the defensive through. the early European session and was last seen trading around the $1,810 Read More
XAUUSD ( GOLD ) Analysis has given good bounce back after testing. its lower level of $1786 but not able to break $ 1780 mark. which is very important support zone. the recovery move stalled just ahead of the $1,830 level. This is closely followed by the very important 200-day SMA, around the $1,836 region. Read More