XAUUSD Gold Price forecast - Forex Trading Today

Gold: Gold prices are likely to sidestep for a while. The peak has already been established. If it goes over $ 1295, it will be a selling opportunity. If the silver price rises above $ 15.55, it will be an opportunity to sell.

WTI: Crude oil prices are likely to go up a little more. WTI is likely to rebound to around $ 56. It is likely to fall again after that. I will wait for a good opportunity.
Natural gas does not attract our attention.

Euro: The euro will continue to decline. EURUSD is likely to fluctuate. If it goes up to 1.142, it will be a selling opportunity.
USDCAD is likely to fluctuate significantly in the near future. If it drops below 1.32, it will be a good buying opportunity. If we wait, there will be a good opportunity.

SP500: The stock market indexes will not go down. The SP500 is likely to rebound to the 2710 line.

Corn: The grain market is not getting strength. The price of corn is set to rise in the near future. However, because it is weak, I do not know how high it will go. I will hold the sugar position.

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