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Xauusdlong

💡GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support of 1744.50, a resumption of an 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 the daily chart at 1916.50 on 06/ 01 /2021, so more losses to support(s) 1762.55 and minimum to Major Support (1744.50) are expected. Price is below WEMA21; if the price rises more, this line can act as dynamic resistance against more gains. The relative strength index ( RSI ) is 35. Take Profits: TP1=1762.55 TP2=1828.25 TP3=1875.15 TP4=1959.30 TP5=2075. 05 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDLong
by ForecastCity_ME
4
💡GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: 1762.55 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 1762.55 is broken. Technical analysis: A trough is formed in daily chart at 1756.05 on 04/29/2021, so more gains to resistance(s) 1959.30, 2000.00, 2075.05 and more heights is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 76. Take Profits: 1762.55 1828.25 1875.15 1959.30 2075.05 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDLong
by ForecastCity_ME
6
BIG CHANCE TO BUY GOLD | CHECK AND CONFIRM MY ANALYSISDear Trader, XAUUSD have strong key level between 1845 to1860 and its completely broken with strong bullish candle. Also With Respect to Down Trendline it also broken with Strong bullish candle and now its retesting broken key level. So its confirm that its going to more BUY and we have best chance to BUY GOLD. We will take BUY order with Strong Stop loss , BUY GOLD (must use low lot size as per your balance ) TP 1 : 1878.254 TP 2 : 1904.195 TP 3 : 1960.00 TP 4 : 2015.00 TP 5 : 2072.588 Strong SL : 1800 Hopefully you will be gain more Profit. Good luck Guys. Thank you.
OANDA:XAUUSDLong
by TradingPoint_
1
XAUUSD - LONGDescription: The counter XAUUSD’s price started moving upwards in the ascending channel. The formation of the ascending channel indicates the counter is in the bullish trend. The price is still in the channel and there is no indication for a breakout. The buying pressure of the market may pull the price even more upwards. Already the counter is in the bullish trend and the trend is expected to continue further. The upward movement of the MACD indicator gives additional support to the description. The major levels for this counter are R2 – 1908.44 R1 – 1888.98 PP – 1870.58 S1 – 1851.21 S2 – 1832.72
OANDA:XAUUSDLong
by WohlstandMarketsLimited
XAUUSD(GOLD) - BEARISH TREND Description: The counter XAUUSD is in the descending triangle from 31st March. The support baseline at the price 1676.48 and the resistance trend line at the prices 1755.62 and 1745.98 together form a descending triangle. Today the price is moving near the resistance line and it is expected move downwards. The bearish trend of the counter may continue further in the counter. The curves of the stochastic indicator are at the level 80 which gives additional support to the description. The major levels for this counter are R2 –1746.72 R1 –1738.10 PP –1721.92 S1 –1713.30 S2 –1697.12
OANDA:XAUUSDLong
by WohlstandMarketsLimited
GOLD - LONGDESCRIPTION: The price of the counter XAUUSD is maintaining above the support baseline at the price 1721.19. The baseline has been tested more than thrice. For the past couple of days the counter's price is moving near support baseline and there is no indication for a breakout. The bullish trend of the counter is expected to continue further. The buying mode of the market and the strong support base may boost the price even more upwards. Major Levels For The Counter Are: R2 - 1745.28 R1 - 1738.78 PP - 1730.18 S1 - 1723.68 S2 - 1715.80
OANDA:XAUUSDLong
by WohlstandMarketsLimited
GOLD(XAUUSD)-BULLISHDescription: After a continuous fall for the past 30 days, the counter XAUUSD’s price started moving upwards and form an ascending channel from 12th March. The formation of the ascending channel indicates the counter is in a strong bullish trend. The previous entry of the counter was at the bottom line of the channel at the price of 1698.87. The buying mood of the market may push the price upwards. The current trend of the counter is expected to continue further. The MACD indicator curves give additional support to the description. The major levels for this counter are R2 –1747.74 R1 –1739.33 PP –1732.70 S1 –1724.18 S2 –1717.66
OANDA:XAUUSDLong
by WohlstandMarketsLimited
Gold Bullish momentum likely to continue.After strong resistance facing at 1960, precious metal dipped hard falling directly to 1900 support. 1900 support held up nicely and price is currently consolidatibg around 1915-1920. Our price target of 1958 is just below strong resistance of 1960. If market bias changes and gold breaks 1893 support, our SL is placed neately below at 1890. As a start of the new year, fascination about gold's new all time highs are luring XAU bulls to push price higher. We might see 2100 in not so long future.
OANDA:XAUUSDLong
by Viki_004