Technical Analysis of XAU USD

For Traders Forex Analysis Technical analysis 21.01.202114:24 Forex Analysis & Reviews: Analysis of Gold for January 21,.2021 -First upside target at the price of $1.863 has been reached and potential for the test of $1.957 Relevance up to 12:00 2021-01-23 UTC+00 UK PM Johnso...

21.01.2021EURUSD, “Euro vs US Dollar”EURUSD has completed the correction at 1.2082; right now, it is forming another ascending wave towards 1.2170 and may later consolidate around this level. If the price breaks this range to the upside, the market may resume growing with the short-term target at 1....

For Traders Forex Analysis Technical analysis 20.01.202117:39 Forex Analysis & Reviews: Gold price reaches short-term target Relevance up to 15:00 2021-01-21 UTC+00 Gold price broke above short-term resistance we mentioned yesterday and has already reached our short-term targe...

For Traders Forex Analysis Technical analysis 20.01.202114:30 Forex Analysis & Reviews: Analysis of Gold for January 20,.2021 -Upside continuation and potential for the larger upside movement towards $1.863 Relevance up to 12:00 2021-01-22 UTC+00 US MBA mortgage applications ...

For Traders Forex Analysis Technical analysis 20.01.202113:12 Forex Analysis & Reviews: Trading idea for gold Relevance up to 07:00 2021-01-21 UTC+00 To date, gold continues to rally in the markets, approaching a price level of 1863. The growth took place during the Asian ses...

Gold prices enjoyed an impressive +40% rally higher during the coronavirus pandemic before falling for the last few months of 2020. After a push higher in late December, buyers could still not break the 1,950.00 level sending gold prices crashing lower to 1,819.00.  However, at this level, the price...

Have a look at the daily chart below. At the first sight, gold has been in a downtrend since summer 2020. However, since it dropped to 1 765, it never continued the downtrend in an equally distributed channel that's been there since July till November. Instead, while the resistance stayed at 1 960, ...

20.01.2021EURUSD, “Euro vs US Dollar”EURUSD has completed the ascending wave at 1.2147. Today, the pair may correct to reach 1.2100 and then resume growing with the short-term target at 1.2230.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD continues trading upwards. Possibly, the pair may reach 1....

For Traders Forex Analysis Technical analysis 19.01.202123:56 Forex Analysis & Reviews: Gold bulls face important test at $1,850. Relevance up to 21:00 UTC+00 Gold price is moving higher but still below the key pivot level of $1,850. Over the last few weeks we mentioned many t...

Ichimoku Kinko Hyo NZD/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook. Fibonacci Levels  XAU/USD: Gold after a remarkable sell off is trading above 23.6% retracement area. Trend remains weak. US Market Vi...

For Traders Forex Analysis Technical analysis 19.01.202114:29 Forex Analysis & Reviews: Analysis of Gold for January 19,.2021 - Potential reversion to the mean towards $1.863 Relevance up to 12:00 2021-01-22 UTC+00 Prior -66.5 Expectations 61.8 vs 59.4 expected Prior 55.0 E...

19.01.2021EURUSD, “Euro vs US Dollar”After expanding the consolidation range down to 1.2053, EURUSD is moving upwards to reach 1.2137. Later, the market may start a new decline towards 1.2100 and then resume growing with the short-term target at 1.2181.GBPUSD, “Great Britain Pound vs US Dollar”After...

For Traders Forex Analysis Technical analysis 18.01.202118:29 Forex Analysis & Reviews: Gold price action shows we might have seen a short-term bottom Relevance up to 16:00 2021-01-19 UTC+00 Gold price made a new lower low today at $1,809 but the RSI did not make a new low. Pr...

For Traders Forex Analysis Technical analysis 18.01.202116:26 Forex Analysis & Reviews: Analysis of Gold for January 18,.2021 - Potential reversion to the mean towards $1.863 Relevance up to 14:00 2021-01-20 UTC+00 S stock and bond markets are closed today so trading will be...

Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook. Fibonacci Levels XAU/USD: weakness for gold is gaining momentum with sellers to keep price below 23.6% retracement area. US Market V...

For Traders Forex Analysis Technical analysis 18.01.202113:19 Forex Analysis & Reviews: Trading idea for gold Relevance up to 08:00 2021-01-19 UTC+00 To date, gold has declined by 15,000 pips, which clearly fits into a five-wave structure: And today, during the Asian session...

For Traders Forex Analysis Technical analysis 18.01.202111:33 Forex Analysis & Reviews: Forex forecast 01/18/2021 on AUD/USD, NZD/USD, Gold and US Dollar Index from Sebastian Seliga Relevance up to 09:00 2021-01-19 UTC+00 Let's take a look at the technical analysis of AUD...

18.01.2021EURUSD, “Euro vs US Dollar”After forming another consolidation range around 1.2111 and breaking it to the downside, EURUSD is expected to continue falling to reach 1.2050. Later, the market may start a new growth to break 1.2130 and then continue trading upwards with the first target at 1....

Ichimoku Kinko Hyo GBP/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook. Fibonacci Levels XAU/USD: Gold after a remarkable selloff is trading above the 23.6% retracement area. US Market View President-elec...

For Traders Forex Analysis Technical analysis 15.01.202116:07 Forex Analysis & Reviews: Analysis of Gold for January 15,.2021 - Symmetrical triangle in the creation. Watch for the breakout to confirm further direction Relevance up to 14:00 2021-01-16 UTC+00 US Dec advance ret...

For Traders Forex Analysis Technical analysis 15.01.202112:34 Forex Analysis & Reviews: Technical recommendations for EUR/USD and GBP/USD on January 15 Relevance up to 09:00 2021-01-18 UTC+00 EUR/USD Despite the fact that the pair recorded a new low yesterday, it kept its lo...

Gold gives a perfect example of sideways movement. Throughout the entire week, it's been fluctuatin between 1 837 and 1 864. Curently, the trajectory is pointign upwards. Therefore, once it comes to 1 864 - and it will, eventually, as the fundamentals wlil unlikely keep the gold price down for long ...

For Traders Forex Analysis Technical analysis 15.01.202110:53 Forex Analysis & Reviews: Forex forecast 01/15/2021 on EUR/GBP, AUD/USD, USD/CHF, Gold and USDX from Sebastian Seliga Relevance up to 08:00 2021-01-16 UTC+00 Let's take a look at the technical picture of EUR/GB...

15.01.2021EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.2111 and then ascending structure towards 1.2170, EURUSD is consolidating below the latter level. If later the price grows and breaks to the upside at 1.2170, the market may start a new growth with the target at 1.2230; if...

For Traders Forex Analysis Technical analysis 14.01.202118:04 Forex Analysis & Reviews: Gold Price Outlook for 14 January, 2021 Relevance up to 16:00 2021-01-15 UTC+00 During Thursday's Asia Pacific trading session, Gold (XAU/USD) remains vulnerable to deeper losses, as the US...

Ichimoku Kinko Hyo NZD/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook. Fibonacci Levels  XAU/USD: Gold struggles to move higher and remains below 23.6% retracement area. US Market View President-elect Bid...

For Traders Forex Analysis Technical analysis 14.01.202114:47 Forex Analysis & Reviews: Analysis of Gold for January 14,.2021 - Rejection of the main pivot support at $1.827 and potential for the rally into the $1.851 and $1.860 Relevance up to 12:00 2021-01-15 UTC+00 CB: PEP...

For Traders Forex Analysis Technical analysis 14.01.202114:16 Forex Analysis & Reviews: Trading idea for Silver Relevance up to 10:00 2021-01-15 UTC+00 As we all know, the movement of silver usually correlates with the movement of gold. However, with regards to the recent plu...

14.01.2021EURUSD, “Euro vs US Dollar”After finishing the ascending wave at 1.2222 and then descending structure towards 1.2170, EURUSD has formed a new consolidation around the latter level; right now, it is trading not far from the downside border. If later the price breaks this range to the downsi...

Since gold’s impressive +40% rally from the March lows after the coronavirus pandemic, it peaked in August last year before falling 15% for the rest of the year, as the weekly chart shows below. Since December, gold bulls tried to push the price of the yellow gold higher in anticipation of the typic...