XAUUSD Gold Price forecast - Forex Trading Today
Precious metal market is being locked. There is nothing special.
Gold: The gold prices are not moving, it will drop. An important price line for gold is $ 318, and for silver is $ 15.9. I will hold the sell-position.
The silver prices are likely to plunge soon. It seems that we need to focus the attention on silver prices.
[Gold price daily chart, XAUUSD]
Euro: The euro has been rebounding strongly. It happened at the strong support line. There is nothing special. EURUSD will decline. The key price line for EURUSD is 1.1392. I will keep the sell position.
GBPUSD may rebound a bit. Its important price line is 1.3107. It is not a good time to enter the market.
WTI: Brent oil looks strong. Brent is likely to rebound a bit more. WTI looks relatively weak. An important price line for WTI is 55.5. I will watch.
Sugar: Sugar looks interesting. The key price is 12.9. If sugar prices surpass 12.9 strongly, it would be a buy signal.
Analysis, Opinion and News :
An Open Letter To The People Of The U.S. From President Nicolás Maduro
- Western Gold Maginot Line To Fall In 2019 Triggering Panic
- History made: US national debt tops $22 trillion
- China on gold-buying spree amid global push to end US dollar dominance
- Italy wants to sell national gold reserves to avoid next year's tax hike
- A Strong Case For Gold As Recession Looms
Gold: The gold prices are not moving, it will drop. An important price line for gold is $ 318, and for silver is $ 15.9. I will hold the sell-position.
The silver prices are likely to plunge soon. It seems that we need to focus the attention on silver prices.
[Gold price daily chart, XAUUSD]
Euro: The euro has been rebounding strongly. It happened at the strong support line. There is nothing special. EURUSD will decline. The key price line for EURUSD is 1.1392. I will keep the sell position.
GBPUSD may rebound a bit. Its important price line is 1.3107. It is not a good time to enter the market.
WTI: Brent oil looks strong. Brent is likely to rebound a bit more. WTI looks relatively weak. An important price line for WTI is 55.5. I will watch.
Sugar: Sugar looks interesting. The key price is 12.9. If sugar prices surpass 12.9 strongly, it would be a buy signal.
Analysis, Opinion and News :
An Open Letter To The People Of The U.S. From President Nicolás Maduro
- Western Gold Maginot Line To Fall In 2019 Triggering Panic
- History made: US national debt tops $22 trillion
- China on gold-buying spree amid global push to end US dollar dominance
- Italy wants to sell national gold reserves to avoid next year's tax hike
- A Strong Case For Gold As Recession Looms