Gold Price forecast and trading, XAUUSD - Gold price today

Friday, January 11, 2019
>> Sold Gold (XAUUSD) at 1295.00
>> Sold Silver (XAGUSD) at 15.70
>> Sold Euro (EURUSD) at 1.1540
Gold : The precious metals market has weakened. The market seems to be making a peak. I sold gold and silver. Gold blogs and sites are full of stories that gold prices will rise. I sold on my own idea.
Euro : I sold the euro (EURUSD). I do not know if the euro will rise further. In my opinion, the euro is likely to decline.


Thursday, January 10, 2019
>> Sold Gold (XAUUSD) at 1295.50
>> Sold Silver (XAGUSD) 2 units at 15.77
>> Sold Euro (EURUSD) at 1.1558
The market seems to move as expected.
Gold: Gold is making a peak, as expected. I sold gold and silver, as planned. It seems to be a good opportunity to sell gold and silver. When the gold and silver price go up, I will sell more.
Euro: People talk about the dollar weakness. However, the euro will decline. If EURUSD climbs above 1.155, it will be a good sell opportunity.
WTI: Crude oil prices are likely to rise a little more. It is a rebound, not a rise. I will wait until the market becomes safe.
SP500: It is likely to rebound to around 2620. The stock market is in turmoil. I will wait for the market to stabilize.


Wednesday, January 9, 2019
>> Sold Silver (XAGUSD) at 15.75
>> Sold Euro (EURUSD) at 1.1558
The market has lost direction.
Gold: Gold prices are likely to fluctuate. Silver is making a peak. It is better to sell silver above $15.75.
Euro: The euro has soared like a rocket. It seems to go up a little more. 1.155 is the price line to be sold. I will sell when it goes up.
WTI: The crude oil market has entered a very fluctuating range. Trading in this price range is highly risky. It would be better to wait.
SP500: It would be better to wait until there is a safe opportunity.


Tuesday, January 8, 2019
I have just watched the market without trading.
Gold: Gold seems to be making a peak. If it goes over $ 1295, I will sell. It would be nice to find opportunity to sell silver (XAGUSD). If the silver price rises above $ 15.8, I will sell.
Euro: The euro may go up a little more. However, it would be better to wait for an opportunity to sell EURUSD. If it soars, I will sell it.
WTI: The crude oil market is very unstable, so I will not go into the market. WTI is likely to fall again after a little more up.
SP500: The stock index is going to go up a little more. Then it is likely to drop again. It would be better to wait for the opportunity to sell. The SP500 is likely to go up to around 2610.


Monday, January 7, 2019
>> Sold Gold (XAUUSD) 1294.90
>> Sold Silver (XAGUSD) 2 units at 15.80
>> Sold Euro (EURUSD) at 1.1475
Gold: It would be better to sell gold and silver. In particular, it would be better to sell silver.
WTI: I'll wait. It seems that it can go up a little more. Anyway, I think it will fall again.
Grains: Corn and sugar attract attention. It would be better to buy them. Especially, sugar looks better.
Euro: It would be better to sell euro. EURUSD will decline. It would be better to look for opportunities to sell AUDUSD. The Australian dollar is likely to fall again.
SP500: Stock index is likely to go up a little more. However, I have no intention of buying. I will wait. It is likely to fall again.


Weekend market summary and next week's strategies.
Gold prices have risen a lot and the stock market has collapsed. People talk about the US economic collapse and the dollar weakness. From a long-term perspective, I think the same. However, we now seem to be at the point of selling gold and silver.

Gold: Gold has hit a very strong resistance line. No matter how strong gold is, it will not rise above $ 1308. It is better to sell gold and silver. If they go up, I will sell more.
WTI: Crude is not likely to go down anymore. It is also not likely to rise high. It is likely to rebound to around 51.5. But I will wait until the market stabilizes.
Grain: The grain market is getting stronger. It is not likely to rise significantly yet. Corn looks the best. I will watch with interest.
SP500: Stock indices are rebounding slightly. But it does not rise again. They will rebound and then fall again. I will wait until the market shows a stable shape.
Euro: There are a lot of people who say the euro is going to be strong. My opinion is different. The euro is likely to sidestep or fall. I will look for opportunities to sell.

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Gold Price forecast and trading, XAUUSD - Commodity Trading Pharos