Gold (XAU/USD) Price Trend Analysis
Mis à jour
In the previous week, gold has made -90.51 loss, AND it has lost -8.8 points in the last trading session. XAU/USD may slip from here for $1916 to $1900 levels.
Gold Strong Support $1686 too far away now. In the previous week's trading sessions, it has touched the support trendline and took a reversal. Hence, according to this chart, we may see $2000 - $2036+ levels soon.
The downtrend will start after breakdown of the support trendline. At present, it's positive for the upcoming days. And next hurdle for traders is the $1986 level. This hurdle's breakout can boost the price instantly to the above-mentioned upward levels.
The following (major) event/inventories can affect gold prices:
Monday:
USD Gold Index
Actual 54.9% | Previous 49.3%
USD/JPY Index
Actual 46.0% | Previous 45.0%
Wednesday:
USD API Weekly Crude Stock
Actual -4.400M | Previous -8.587M
U.S. Crude Oil Inventories
Actual -4.512M | Previous -7.373M
U.S. Crude Oil Imports
Actual -0.713M | Previous 1.256M
U.S. Cushing Crude Oil Inventories
Actual 1.336M | Previous 0.532M
Gold Strong Support $1686 too far away now. In the previous week's trading sessions, it has touched the support trendline and took a reversal. Hence, according to this chart, we may see $2000 - $2036+ levels soon.
The downtrend will start after breakdown of the support trendline. At present, it's positive for the upcoming days. And next hurdle for traders is the $1986 level. This hurdle's breakout can boost the price instantly to the above-mentioned upward levels.
The following (major) event/inventories can affect gold prices:
Monday:
USD Gold Index
Actual 54.9% | Previous 49.3%
USD/JPY Index
Actual 46.0% | Previous 45.0%
Wednesday:
USD API Weekly Crude Stock
Actual -4.400M | Previous -8.587M
U.S. Crude Oil Inventories
Actual -4.512M | Previous -7.373M
U.S. Crude Oil Imports
Actual -0.713M | Previous 1.256M
U.S. Cushing Crude Oil Inventories
Actual 1.336M | Previous 0.532M
Trade fermée: cible de profit atteinte
The first target of Crude Oil has come. Further information I will update you soon.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.