XAUUSD Gold Price forecast and trading - Forex Trading Today

< Gold price daily chart, XAUUSD >

The market is losing its way. This situation is likely to continue until the end of next week.

Gold: Gold prices are going up. It is not a rise but a rebound. XAUUSD has rebounded to the $ 1307 expected. It may be up to $ 1313. It would be better to wait for the opportunity to sell. XAUUSD will drop to $ 1268.

Silver is relatively weak compared to gold. An important price for XAGUSD is $ 15.37. There is nothing changed. In the short term, XAGUSD is stuck between $ 14.95 and $ 15.50. Silver prices will fall. I will sell more if they soar and  will hold the sell-position.

WTI: The oil market is moving as I expected. Brent oil will rise to at least $ 75.3 and WTI to at least $ 68. Whether people want or not, the oil market is likely to remain unstable. Because they want.

We need to be interested in platinum and sugar futures. In the case of platinum, it would be better to wait a little. It would be better to find opportunities to buy sugar.

Euro: There is nothing changed in the euro. EURUSD is stuck between 1.1173 and 1.1332. There seems to be no good trading opportunity for a while.