XAUUSD Gold Price forecast - Forex Trading Today

Tuesday, January 15, 2019
>> Bought Sugar (ICE: SB) 2 units at 12.75
I have sold gold, silver and euro. Now all I have to do is fasten my seatbelt and wait.
Gold: I do not know if the gold price will go up a little more. In my opinion, it seems to be going down. If it goes over $ 1295, I will sell more. Gold prices are likely to fall to at least $ 1,230. Silver prices are likely to plunge in the near future. If the silver price goes over 15.75, I will sell more.
Euro: In the short term, the opportunity to sell the euro has passed. But in the long run, it seems like there is still a chance to sell. It is likely that the EURUSD will begin to decline soon.
WTI: The oil market has not stabilized yet. WTI seems to have already touched btttom. I will wait until the market is safe.  It is likely to rebound to around 54.5.
SP500: Almost all experts say the stock market will collapse. However, in my opinion, not yet. The SP500 is likely to rebound a bit more. It is likely to rebound to around 2685. There is also the possibility of a higher rebound. I will wait for the market to stabilize.
Sugar: As we have said many times, the sugar market is showing strong strength. Sugar prices are likely to rise. It is likely to rise to 15 or so.


Monday, January 14, 2019
>> Sold Gold (XAUUSD) at 1295.20
Gold: There seems to be no power to go higher in the gold market. The silver market looks weaker. I will sell if the gold price rises above $ 1295. I will sell when the silver price rises above $ 15.80.
Euro: The euro seems to fluctuate. If EURUSD rises above 1.1558, I will sell. There seems to be some possibility that the euro will rise higher.
WTI: The crude oil market seems to be looking for bottom. I will wait for the market to stabilize.
SP500: The stock market seems to go up a little more. However, it is a rebound, not a rise. I will wait for a safe opportunity.
Sugar: We need to be interested in sugar. 


Weekend market summary and next week's strategies.
As everyone knows, the US government is in a very confused situation. They seem to have no way. Therefore, the market is likely to remain unstable.

Gold: Gold and silver are making their peaks. Even if gold prices rise further, it is unlikely to rise above $ 1309. If gold rises above $ 1295, I will sell more. If the silver price goes over 15.75, I will sell more. Silver prices are likely to plummet.
Euro: There seems to be a lot of people saying that the euro will go up. EURUSD will not go higher. If it goes over 1.155, I will sell.
WTI: Crude oil is likely to move in the range of 49.3 to 55. I will wait for the crude oil market to stabilize.
SP500: The stock market is in a very confusing situation. The stock index is likely to go up a little more. However, it is not a good time to trade.
Sugar: We need to be interested in sugar prices. It seems to be very likely to rise again. If it falls below 12.4, it would be better to look for buying opportunities. Or it would be better to buy if it soars over 13.0.

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