XAUUSD Gold Price forecast - Forex Trading Today
There seems to be a change in the flow of the market. It is better to be careful.
Gold: Gold prices may rise a little further. The critical price line is $ 1312.6. If it does not rise strongly over $ 1312.6, it means it will decline. If so, it will become a selling opportunity.
Silver is relatively weak compared to gold. Important price lines are $ 15.16 and $ 15.63. If silver shows a signal that the prices are not going to go up strongly, I will sell.
[Gold price daily chart, XAUUSD]
Euro: The euro is rising unexpectedly. I do not know if it goes higher. I will watch outside the market. I will wait for the opportunity to sell. The key price line is 1.1356.
WTI: The oil market is unstable. The WTI hit the resistance line. The target price is $ 63.1. I will wait.
SP500: Stock indices are showing signals those things are not okay. Now, it is better to close the buy position and wait until the market tells new direction.
Gold: Gold prices may rise a little further. The critical price line is $ 1312.6. If it does not rise strongly over $ 1312.6, it means it will decline. If so, it will become a selling opportunity.
Silver is relatively weak compared to gold. Important price lines are $ 15.16 and $ 15.63. If silver shows a signal that the prices are not going to go up strongly, I will sell.
[Gold price daily chart, XAUUSD]
Euro: The euro is rising unexpectedly. I do not know if it goes higher. I will watch outside the market. I will wait for the opportunity to sell. The key price line is 1.1356.
WTI: The oil market is unstable. The WTI hit the resistance line. The target price is $ 63.1. I will wait.
SP500: Stock indices are showing signals those things are not okay. Now, it is better to close the buy position and wait until the market tells new direction.