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XAUUSD (Gold ) Analysis for next week 17 April - 21 AprilWe can see the gold the retesting the yesterday high's again , it may be just a bull trap before dropping to test the HKEX:2000 on the daily bear flag or dropping below that can swing the reversal to supports at TSE:1980 and then $1950. It can form the M here or if it broken can test ath of TSE:2070 which is much less likely as it may go to test TADAWUL:2100 psychological levels . If you see rejection here around TADAWUL:2050 - TSE:2055 , then definitely it may retest at HKEX:2007 or HKEX:2000 today . Trade accordingly
OANDA:XAUUSD
by Johnwick_forex
#Gold #XAUUSD downward movement potential with risk:reward= 5.2 #Gold #XAUUSD downward movement potential with risk:reward= 5.2 Analysis of Gold spot/US Dollar i.e XAUUSD Time frame:15 minutes What is the analysis? Break out on the upper side and reach the target. MACD Is crossing below zero, so we can expect a downtrend movement with risk:Reward=5.2.Sell at 2020 with SL 2035 and target 1871. HOPE our analysis is adding value to your Stock market trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
OANDA:XAUUSDShort
by TanujaK
2
UPDATEWill gold get past $2K? The rising banking fears have been so significant that even gold, which has been rising sharply in recent days on falling yields, has struggled to get past $2,000. But its appeal as a safe-haven asset and the rallying bond markets suggests it is just a matter of time. Indeed, the US dollar has continued to weaken against the yen, as the short-end of the yield curve remains under pressure, with US 2-year yields dropping below 3.60% today. The market is thus betting that we have reached a peak in terms of rate hikes and that from here looser monetary policy should follow. Keep and eye out for your fundamentals & and pay attention to price action.
OANDA:XAUUSD
by affinitymarkets12
LONGGOLD Technical Analysis: Gold have been trending higher for the past few weeks we have seen price moving higher with some strong bullish momentum, there is a high chance for some retracement on Gold we can potentially move back into 1942.81 area where we have our 50% fib retracement zone. Once of fib is being respected we can potentially target gold last high in march 2022, and go past that area if buyers are strong enough to hold that trend. Keep an eye on gold gold for some opportunities remember to be patient and wait for the market to give you entry point base on your strategy.
FXOPEN:XAUUSD
by affinitymarkets12