Xauusdanalysis
💡GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast:
While the price is above the support of 1744.50, resumption of uptrend is expected.
We make sure when the resistance at 1916.50 breaks.
If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades , if the Midterm level 1744.50 is broken.
Technical analysis:
A peak is formed in daily chart at 1832.65 on 07/29/2021, so more losses to support(s) 1762.55 and minimum to Major Support (1744.50) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 32.
Take Profits:
1762.55
1828.25
1875.15
1959.30
2075. 05
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ForecastCity English Support Team ❤️
XAUUSD GOLD ANALYSIS 1 DAY NOW BUY BUY TIME
1750 TO 1762 BUY BUY BUY BUY .......
TAKE PROFIT 1830 WAIT AND WATCH
BIG PROFIT IN FEW DAYS
NO STOP LOSS
LOT AS PER YOUR AMOUNT
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XAUUSD 15 MIN ANALYSISEnglish
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XAUUSD 15 MIN ANALYSIS BUY UP TREND NOWEnglish
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GOLD ranging...and UP AGAIN
As I said last weeks since March 21..after 4 months in which all my analyzes about GOLD were almost perfect,
even though I had many objections and many messages of disapproval ... as I said GOLD went down even below the 1774 area and now it is at the Fibonacci level 0.5 from where I expect it to reject and rise again towards 1836 and from there DOWN AGAIN to level 618!
however ... a closure even for 1 day below 1754 will make me think of SELL until 1688!
GOLD rejected from the area indicated by me last week and will continue to range between 1762-1795 in the next period!
any closure below or above this area even for 1 day ... give the new GOLD trend for the next period!
THIS WEEEK...as I said ... GOLD rejected again from the Fibonacci 0.5 area and remained in the range specified by me last week!
this week I am preparing for BUY at the first closing even for 1 day over 1795 to 1836
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GREAT ATTENTION:
*This information is not a Financial Advice.