TECHNICAL ANALYSIS OF XAUUSD (GOLD)01 MARCH 2023

March 1, 2023 Uncategorized by Henry

XAUUSD (GOLD) has given good recovery from its lower level and trading above 200 EMA which is near to $1830 If it hold this mark then we can see more upside movement toward next resistance level of $1840 and $1850 .On down ward side $1820 is crucial support one below this mark $1810 and $1800
Read More

TECHNICAL ANALYSIS OF XAUUSD (GOLD)28 FEB 2023

February 28, 2023 Uncategorized by Henry

XAUUSD (GOLD) trading in negative tertiary and trading near to its support level of $1810 if it break and sustain this mark then we can see next level of $1800 in near term , On opposite side it has major resistance of $1820 above this mark we can expect some bounce back from here. However,
Read More

TECHNICAL ANALYSIS OF XAUUSD (GOLD)27 FEB 2023

February 27, 2023 Uncategorized by Henry

XAUUSD (GOLD) last week was in steep fall after breaching its majored support level of $1930 and closed below Fibonacci 61.8% retracement which is near to the level of $1828. Now it is trading near to $1810 if it sustain below this make then we can expect more down fall towards next support zone of
Read More

TECHNICAL ANALYSIS OF XAUUSD (GOLD)27 FEB 2023

February 27, 2023 Uncategorized by Henry

TECHNICAL ANALYSIS OF XAUUSD (GOLD)24 FEB 2023

February 24, 2023 Uncategorized by Henry

XAUUSD (GOLD) is sideways to down trend from last forth days near to its support level of $1820 . technical indicators hold within negative levels, the Momentum posting a modest advance, but the Relative Strength Index (RSI) maintaining its downward slope near oversold readings. The daily chart shows that the pair keeps sliding below a
Read More

TECHNICAL ANALYSIS OF XAUUSD (GOLD)24 FEB 2023

February 24, 2023 Uncategorized by Henry

TECHNICAL ANALYSIS OF XAUUSD (GOLD)23 FEB 2023

February 23, 2023 Uncategorized by Henry

XAUUSD (GOLD) yesterday breaks its support zone of $1830 and made a low of $1823 after that good recovery from its lower level. Form up coming days if it manages to sustain below $1820 mark then we can see next support level of $1810 and $1800. On higher side $1850 is psychological resistance level above
Read More

TECHNICAL ANALYSIS OF XAUUSD (GOLD)22 FEB 2023

February 22, 2023 Uncategorized by Henry

XAUUSD (GOLD) is showing range bound session today, on higher side it $1845 and lower side $1830. Markets will closely scrutinize whether the Federal Reserve board members debate the scenarios to return to 50 basis points (bps) rate hikes while the focus will be also on their inflation outlook. At present, markets are pricing in
Read More

TECHNICAL ANALYSIS OF XAUUSD (GOLD)21 FEB 2023

February 21, 2023 Uncategorized by Henry

XAUUSD (GOLD) is trading under a consolidation phase and taking resistance of downward slopping trend line if it break and sustain above this trend line near $1850 then only we can expect up side movement and test $1860 and $1870 Rest sell on higher level strategy would be work. On down word side $1820 is
Read More

TECHNICAL ANALYSIS OF XAUUSD (GOLD)21 FEB 2023

February 21, 2023 Uncategorized by Henry