XAUUSD Gold Price forecast, down to $1250 $1215 - Forex Trading Today

There is no change in the market. It is Friday, the market seems to be noisy.

Gold: The gold is trying to keep the support line of $ 1269.5, however, it looks weak. XAUUSD may rebound slightly, but eventually they will decline further. The $ 1250 level needs to be confirmed by the market. The resistance line is $ 1286.2.

Silver: The silver prices are likely to fluctuate. XAGUSD will fall further. Gold prices will be lowered by the silver prices. The support is $ 14.2 and the resistance is $ 14.95. If the market falls sharply, I will think about closing the sell positon.

[Gold price daily chart, XAUUSD]
Gold Price forecast, XAUUSD down to $1250 $1215 - Gold trading today

WTI: Crude oil prices are dropping. It does not mean that the upward moving is over. Oil market is in a very hot and unstable situation. Oil prices will begin to rise again after some correction. In my opinion, the support for WTI will be 59.54 and for Brent will be $ 68.53.

Euro: As expected, Euro is going down. What we should keep in mind is that euro is in a downward trend. EURUSD will fall, at least, to 1.0817. The resistance is 1.124 and 1.128. In my view, the euro seems to be making ready  for a plunge.