XAUUSD Gold Price forecast - Forex Trading Today
Weekend market summary and next week's strategies.
Now, it's approaching the end of the year. It does not seem to be a good situation to actively trade.
Gold: Gold prices are rising a little. However, it seems to be a preparatory process to fall again. Perhaps, it could go up to $1275. The silver price could go up to $15.5. It would be better to wait for the opportunity to sell.
Platinum: Platinum is likely to rebound slightly. It would be better to wait for the opportunity to sell.
Copper: Copper is going sideways. It would be better to find opportunities to sell.
Crude Oil: Crude oil prices seem to lack the strength to rebound. If it goes up a little more, I should close the buy-position.
Natural gas: I am not interested in natural gas at the moment.
Agricultural: It is good to have an interest in corn and wheat. Wheat looks better. If the prices drop, I will look for an opportunity to buy.
Sugar: Sugar prices are not strong. I will watch a little more.
[Gold price XAUUSD monthly chart]
Now, it's approaching the end of the year. It does not seem to be a good situation to actively trade.
Gold: Gold prices are rising a little. However, it seems to be a preparatory process to fall again. Perhaps, it could go up to $1275. The silver price could go up to $15.5. It would be better to wait for the opportunity to sell.
Platinum: Platinum is likely to rebound slightly. It would be better to wait for the opportunity to sell.
Copper: Copper is going sideways. It would be better to find opportunities to sell.
Crude Oil: Crude oil prices seem to lack the strength to rebound. If it goes up a little more, I should close the buy-position.
Natural gas: I am not interested in natural gas at the moment.
Agricultural: It is good to have an interest in corn and wheat. Wheat looks better. If the prices drop, I will look for an opportunity to buy.
Sugar: Sugar prices are not strong. I will watch a little more.
[Gold price XAUUSD monthly chart]