XAU/USD | GOLD/USD | Gold to US Dollar Trading Analysis

XAU/USD | GOLD/USD , 30 min


GOLD/USD, 30 min


Pivot: 1788.00


Analysis:

Provided that the price is above 1781.00, follow these recommendations:

  • Time frame: 30 min
  • Recommendation: long position
  • Entry point: 1788.00
  • Take Profit 1: 1799.00
  • Take Profit 2: 1811.00


Alternative scenario:

In case of breakout of the level 1781.00, follow the recommendations below:

  • Time frame: 30 min
  • Recommendation: short position
  • Entry point: 1781.00  
  • Take Profit 1: 1772.00
  • Take Profit 2: 1763.00


Comment:

RSI shows an uptrend within a day.


Key levels:

Resistance  Support

1820.00 ------- 1781.00

1811.00 ------- 1772.00

1799.00 ------- 1763.00




XAU/USD | GOLD/USD , D1


GOLD/USD, D1


Pivot: 1768.00


Analysis:

Provided that the price is above 1735.00, follow these recommendations:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1768.00
  • Take Profit 1: 1815.00
  • Take Profit 2: 1855.00 


Alternative scenario:

In case of breakdown of the level 1735.00, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1735.00
  • Take Profit 1: 1700.00
  • Take Profit 2: 1675.00


Comment:

RSI shows an uptrend in the medium term. 


Key levels:

Resistance --- Support

1875.00 ------- 1735.00

1855.00 ------- 1700.00

1815.00 ------- 1675.00

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