XAUUSD Gold Price forecast - Forex Trading Today
Market movement is stable.
Gold: Gold prices rose for two days, yesterday and today. It is likely to rise a little on Monday, however, unlikely to rise above $ 1320. I do not know when it will start to go down. It seems clear that gold has established top. It will drop to $ 1270 and $ 1240.
It seems that silver may fluctuate. It may be soaring to 16.03. Then, it would be an opportunity to sell. Silver prices will drop to $ 15.0 and $ 14.0.
[Gold price daily chart, XAUUSD]
Euro: The euro is falling as expected. It is not ready yet, so it seems to fluctuate. EURUSD will fall to 1.05. If it climbed to 1.14, it would be a good selling opportunity.
GBPUSD seems to be standing in a very complicated position. It is likely to move in the range of 1.28 to 1.33 for the time being. It's not a good time to trade.
WTI: The crude oil market is quiet. There is no change. It is likely to move in the range of $ 49.5 to $ 55.5.
Gold: Gold prices rose for two days, yesterday and today. It is likely to rise a little on Monday, however, unlikely to rise above $ 1320. I do not know when it will start to go down. It seems clear that gold has established top. It will drop to $ 1270 and $ 1240.
It seems that silver may fluctuate. It may be soaring to 16.03. Then, it would be an opportunity to sell. Silver prices will drop to $ 15.0 and $ 14.0.
[Gold price daily chart, XAUUSD]
Euro: The euro is falling as expected. It is not ready yet, so it seems to fluctuate. EURUSD will fall to 1.05. If it climbed to 1.14, it would be a good selling opportunity.
GBPUSD seems to be standing in a very complicated position. It is likely to move in the range of 1.28 to 1.33 for the time being. It's not a good time to trade.
WTI: The crude oil market is quiet. There is no change. It is likely to move in the range of $ 49.5 to $ 55.5.