XAUUSD ANALYSIS 20 MAY 2022 ( FRIDAY )
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. FurtherRead More
XAUUSD ( GOLD ) ANALYSIS 19 MAY 2022 THURSDAY
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 toRead More
XAUUSD ( GOLD ) ANALYSIS 18 MAY 2022 WEDNESDAY
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 $1,810Read More
XAUUSD ( GOLD) ANALYSIS 17 MAY 2022 ( TUESDAY)
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
XAUUSD ANALYSIS MONDAY 16 MAY 2022
XAUUSD Analysis ( GOLD) in last week was in steep fall. But not able to sustain below $ 1800 mark . At current levels in the upper $1810s per troy. ounce, gold is trading about 0.2% lower. and looks on course to post a weekly loss of around 3.5%. which would mark a fourth successiveRead More
XAUUSD ANALYSIS 13 MAY FRIDAY
Xauusd Analysis 13 May Friday:- XAUUSD ( GOLD ) breach. its important mark of 1830 and sustain below it. and closed below the critical. 200-Daily Moving Average (DMA). which was near $1,836 for the first time since February 3. We expect some bounce back form its resistance mark of $1835. if it holds above thisRead More
XAUUSD Analysis Thursday 12 MAY 2022
XAUUSD Analysis Gold is forming consolidation after the steep fall from Monday. and taking support of its upward slopping trend line which is near $ 1830. If XAUUSD Analysis, it holds below this mark. then only fresh selling might be come and drag down $1820 and $1805. On opposite side it is taking resistance ofRead More