XAUUSD Gold Price forecast - Forex Trading Today
The market is like a child who does not know what to do. It means that the flow of the market has reached its limit.
>> Sold Silver (XAGUSD) at 15.80
Gold: Gold prices may go up a little more. Of course, it does not seem easy. If gold rises above 1310, it will be a good sell opportunity, and I will sell more.
The silver market seems to have lost strength already. It may go up to 16.0. The key resistance line seems to be 15.95. When the silver price goes up, I will sell more.
Euro: It is certain that EURUSD is not in an upward trend. It is falling. If it soars up to 1.15, it will be a good selling opportunity.
USDCAD seems to be struggling to defend the 1.32 line. It does not seem easy. The key support line seems to be 1.31. Below 1.317, it would be better to look for buying opportunities.
WTI: Crude oil prices are on the sideways as expected. It is likely to move in the range of 46.15 to 54.5. Because the market is unstable, I will wait.
[Gold price daily chart, XAUUSD]
>> Sold Silver (XAGUSD) at 15.80
Gold: Gold prices may go up a little more. Of course, it does not seem easy. If gold rises above 1310, it will be a good sell opportunity, and I will sell more.
The silver market seems to have lost strength already. It may go up to 16.0. The key resistance line seems to be 15.95. When the silver price goes up, I will sell more.
Euro: It is certain that EURUSD is not in an upward trend. It is falling. If it soars up to 1.15, it will be a good selling opportunity.
USDCAD seems to be struggling to defend the 1.32 line. It does not seem easy. The key support line seems to be 1.31. Below 1.317, it would be better to look for buying opportunities.
WTI: Crude oil prices are on the sideways as expected. It is likely to move in the range of 46.15 to 54.5. Because the market is unstable, I will wait.
[Gold price daily chart, XAUUSD]