Forex xagusd
Please follow the link bellow to read our XAU USD analysis history for the month of Jan and Feb Gold Trading Price Forex Price Forecast Gold Price Chart. Gold Price Xagusd Today Gold Forecast. In our previous week XAUUSD analysis, xagusd expected a little bit more upward movement towards before a reversal. Closing below the support and weekly bearish engulfing candle indicating possible bearish move for a couple of next days. I am xagusd three different time frame XAUUSD chart analysis to deliver my technical thoughts for next possible movement. Upward movement rejection before a resistance level invalidates the bullish ideas for short term. We believe gold is in correction mode now. Weekly bearish candle closing was indicating more bearish move this week forex the next support level minimum and maximum level which is also the weekly main support area. Gold may give little bit upward movement before a new low. The upward movement may end around level which is the broken support area that becomes resistance and watching area for bears. Please have a look at weekly XAUUSDchart below. The yellow metal already break its major support in the previous daily session. Support was forming around I am expecting more downward movement towards minimum and in case of extension. MACD is also in favor of selling pressure which is giving more confidence towards our bearish thoughts. The best area to look for sell entry is the resistance area which was previously support. We will look for Hourly charts to get the exact entry point. Please have a look at XAUUSD daily chart below. Gold was moving in a higher high direction with a rising channel formation in 4-hour and hourly charts. The forex of support in previous week days invalidates the mounting structure and confirm the bearish signal for next couple of days. The rising support was around level which becomes resistance now. Our main thought for this week is bearish, and we will look for bearish entry from the resistance level at It is also possible gold may not touch the resistance level, and it can move lower without small correction towards minimum support level and maximum level for this week. It will invalidate our bearish thoughts. Always trade with proper risk management plan. Feel free to comment below if you have any concern regarding charts and analysis. Your feedback is xagusd welcome and help us to improve. Daily Gold Analysis 24th Oct Gold move high yesterday and close around which give more confidence towards our first target I believe this target may met today. We will look for the confirmation either price will give more upward movement for or it may give reversal. We will look for the reversal from 2 major areas and We will not enter in bearish position unless we get any proper reversal signal. This week closing may clear the picture for next movement diagram. I am sharing update daily chart below. Please have a look. Gold is moving upwards after touching the hourly support aroundcurrent market price is and we are expecting more upward movement for minimum and maximum Price is moving in a rising channel direction in 4 hour chart. Forex is also possible price may touch support and then bounce back again. I am sharing 4 hour and hourly chart below with two different expected movement diagram. Both charts are indicating upward movement, but patterns are different. Please have a look in 4 hour and hourly chart below. Thanks for the feedback HAMIL I am still expecting a new high. Gold is trying to break the barreir resistance around Once this level is break, you will see very good bullish move towards our targets. US election xagusd give volatile during and after the results…But we xagusd focus only technical set up. Our invalidation point is forex low. If forex close below in weekly time frameit will give us thoughts to forget the correction and jump for bearish move towards and Right now it is most likely, gold will touch new high before making any majore bearish move. Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. Home Forex Forecast Forex Forex Forex Crude Oil Broker Promotions Fx Shop. Home Gold Forecast XAUUSD Gold Technical Analysis Forex Trading. XAUUSD Gold Technical Analysis Forex Trading October 26, Mati Ur Rehman. Gold Price Technical Forecast Update June October 26, Mati Ur Rehman. Gold Forecast Today June October 26, Mati Ur Rehman. Types of Xagusd Charts How To Read Forex Charts Trading Charts October 26, Mati Ur Rehman. Gold Price Forecast Today 26th May Update October 26, Mati Ur Rehman. Gold Forecast Today October 26, Mati Ur Rehman. Mati Ur Rehman Mati Ur Rehman is a xagusd analyst having 8 years experience in forex market. He is well known in Gold Analyst and having proof track record. There are many followers of his analysis around the xagusd. Gold Price Technical Forecast Update June June 20, dgacom 0. Gold Forecast Today June June 9, dgacom 1. Gold Price Forecast Today 26th May Update May 26, Mati Ur Rehman 0. Comment 7 sakthi says: October 26, at 9: Forex Ur Rehman says: October 26, at October 26, at 2: October 27, at 7: October 27, at 3: THANK YOU I am following the TIP, EVEN THE GOLD IS VERY SLOW IN YOUR MOVES. MATI, THINK LIKE GOLD Behave, IN United States presidential election.? May 8, at 1: Everything you forex about strikes a nerve to me, thanks for challenging your readers. LEAVE YOUR COMMENT Cancel reply Your email address will not be published. Recent Posts Gold Price Technical Forecast Xagusd June Gold Forecast Today June Types of Forex Charts How To Read Forex Charts Trading Charts Gold Price Forecast Today 26th May Update Gold Forecast Today. 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