XAUUSD Gold Price forecast - Forex Trading Today

The market became a battlefield. This fight is likely to continue until the beginning of next month.

Gold: Gold prices will fall. I expected $ 1286.56 to be the resistance line. XAUUSD failed to cross over that line. If gold rises above $ 1286, it would be better to look for opportunities to sell. Another  resistance line above 1286 is 1299.45.

The silver prices are likely to fluctuate severely. The resistance lines are $ 15.19 and $ 15.37. XAGUSD will fall further. If silver prices soar it would be a good opportunity to sell. I will hold the sell-position.

[Gold price daily chart, XAUUSD]
Gold Price forecast, XAUUSD - Gold trading today

Euro: The euro will continue to decline. EURUSD will drop to at least 1.0817. The resistance line is 1.1234. If EURUSD goes up, it would be better to find opportunities to sell. The euro is very likely to plunge in the near future.

WTI: Crude oil prices plummet. However, it is not collapse. There is a very intense war in the oil market that has never happened before. They have set a fire to the crude oil. The crude oil market will be engulfed in flames in the not too distant future. I do not know where the prices will drop. The drop will give us opportunities to buy. It would be better to wait for the opportunity.
Reference Only. If you are looking for a reference for real trading, this may be the right place. I hope you do not copy, but hope you get your own better strategy by referring to the above and make a good trading.