XAUUSD Gold Price forecast - Forex Trading Today
The precious metal market seems to have reached its limit. The market is saying that. It would be better to sell gold and silver.
>> Closed COPPER Futures (CME COMEX: HG) +0.025pt (+0.86%)
Gold: Gold prices are likely to drop to $ 1270. The critical price line is $ 1322.5. The key price line for silver is $ 15.6.
[Gold price daily chart, XAUUSD]
WTI: Crude oil prices are dwindling. They will rise a little more. Brent oil will rise to $ 68.5 and WTI to $ 57.5.
Euro: The euro is in a downward trend. If EURUSD rises, it would be better to look for opportunities to sell.
Copper: I expected copper prices to plunge very sharply today. It does not. Closed the position.
>> Closed COPPER Futures (CME COMEX: HG) +0.025pt (+0.86%)
Gold: Gold prices are likely to drop to $ 1270. The critical price line is $ 1322.5. The key price line for silver is $ 15.6.
[Gold price daily chart, XAUUSD]
WTI: Crude oil prices are dwindling. They will rise a little more. Brent oil will rise to $ 68.5 and WTI to $ 57.5.
Euro: The euro is in a downward trend. If EURUSD rises, it would be better to look for opportunities to sell.
Copper: I expected copper prices to plunge very sharply today. It does not. Closed the position.