XAUUSD Gold Price forecast - Forex Trading Today

It seems that the market is going back to its own way.

>> Sold Gold (XAUUSD) 2 units at 1326.0
>> Sold Silver (XAGUSD) 2 units at 16.16
>> Sold EURUSD at 1.1510

Gold: Gold and silver are likely to make their peaks today or tomorrow. Gold has hit an important resistance line of $ 1316, and silver has reached a strong resistance line of 16.22. Gold and silver prices are at very unstable levels and are likely to fluctuate. If they go up, it is better to sell.

Euro: The important resistance line of EURUSD is 1.15. Today it failed again to secure that line. EURUSD will fall again. But it is not likely to collapse.

GBPUSD is likely to go up a little further. Its important resistance line seems to be 1.337. It is not a good time to open a position, so it is better to wait.
USDCAD is falling, as expected. Its important support line is 1.31 line. It is still unstable. If it stabilizes, it would be better to find a buying opportunity at about 1.31.

WTI: Crude oil prices are likely to fluctuate severely. It is likely to move in the range of 49.5 and 55. The oil market is very unstable, so we need to be careful.

[Gold price daily chart, XAUUSD]
Gold Price forecast and trading, XAUUSD - Commodity Market Today
Reference Only. If you are looking for a reference for real trading, this may be the right place. I hope you do not copy, but hope you get your own better strategy by referring to the above and make a good trading.