Happy New Year! Gold Price forecast and trading, XAUUSD - Gold Market Today

Friday, January 4, 2018
>> Sold Gold (XAUUSD) 2 units at 1298.0
>> Sold Silver (XAGUSD) 2 units at 15.85
Gold and silver were weak. They hit the resistance line. I have sold. If they go up, I will sell more.

Thursday, January 3, 2018
>> Sold Gold (XAUUSD) at 1293.5
>> Sold Silver (XAGUSD) at 15.75
Gold : The price of precious metals soared. Gold prices could go up to $ 1,300 an ounce. I will sell more when the price goes up. It will peak soon.
WTI : Crude is not likely to go down any more. It is likely to rebound to $ 51.5. I will not enter the market.
Euro : I will hold the euro selling position. I think it is going down further.

Wednesday, January 2, 2018
>> Sold Gold (XAUUSD) at 1290.00
>> Sold Silver (XAGUSD) at 15.60
Gold prices are attracting investors' attention. So I keep selling gold. When gold prices rise, I will sell more. Today or tomorrow is likely to peak.
I will hold the euro selling position.

Tuesday, January 1, 2018
>> Sold Euro (EURUSD) 2 units at 1.1540
In the short term, it is not likely. Dollar strength is likely to continue. I will sell more gold and silver, if they go up.

Monday, December 31, 2018
>> Sold Gold (XAUUSD) at 1283.00
>> Sold Silver (XAGUSD) 2 units at 15.50
>> Sold EURUSD at 1.1460
It is the last day of December. The precious metal market seems to be in turmoil. Gold and silver seem to be making their peaks. I have sold Gold, silver and euro.

Weekend market summary and next week's strategies.
The market of 2018 is closed. This year, stable profits were obtained without much loss. It was not a good trade, but it was not a bad one. Next year, I will try to do more stable and good trading. I believe it would have been helpful to my blog visitors and I will try to help visitors next year, too. Thanks to visitors.

Gold: Gold is entering a very strong resistance range. It may go a little higher, but it will be a good selling opportunity. I will sell more when it goes up. Silve is also the same.
WTI: Crude oil still does not show signs of bottom, I will watch. I will not be interested in natural gas for a while.
Grain: I am watching corn and sugar. But there is no good signal yet.
Euro: The euro does not go down, but it is walking sideways. If it goes up, I will sell more. The euro will decline.
SP500: The stock index is likely to stop rebounding and drop again. If it goes up to 2600, I will look for opportunity to sell.

 [Gold price monthly chart, XAUUSD]
Gold Price forecast and trading, XAUUSD - Commodity Trading Pharos