XAUUSD Gold Price forecast - Forex Trading Today
Gold: Gold and silver prices are rising strongly. However, it is unlikely that gold prices will continue to rise. The important price line for XAUUSD is $ 1312.5 and the important price line for XAGUSD is $ 15.6. I will watch outside the market.
[Gold price daily chart, XAUUSD]
WTI: The oil market is very unstable. It is difficult to know where the price of crude oil will go. If the WTI rises again, the resistance line will likely be around $ 63.1.
Euro: The euro is rising strongly. However, the euro is in a downward trend. The important price lines for EURUSD are 1.1305 and 1.1338.
If AUDUSD goes up a little more, it would be better to look for opportunities to sell. In the case of USDCAD, it would be better to find a buying opportunity if it falls further.
SP500: It's hard to know where the stock index goes. It would be better to watch outside the market.
[Gold price daily chart, XAUUSD]
WTI: The oil market is very unstable. It is difficult to know where the price of crude oil will go. If the WTI rises again, the resistance line will likely be around $ 63.1.
Euro: The euro is rising strongly. However, the euro is in a downward trend. The important price lines for EURUSD are 1.1305 and 1.1338.
If AUDUSD goes up a little more, it would be better to look for opportunities to sell. In the case of USDCAD, it would be better to find a buying opportunity if it falls further.
SP500: It's hard to know where the stock index goes. It would be better to watch outside the market.