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

XAU/USD | GOLD/USD, 30 min


GOLD/USD, 30 min


Pivot: 1832.00


Analysis:

Provided that the price is above 1822.00, follow these recommendations:

  • Time frame: 30 min
  • Recommendation: long position
  • Entry point: 1832.00
  • Take Profit 1: 1843.00
  • Take Profit 2: 1855.00


Alternative scenario:

In case of breakdown of the level 1822.00, follow the recommendations below:

  • Time frame: 30 min
  • Recommendation: short position
  • Entry point: 1822.00  
  • Take Profit 1: 1817.00
  • Take Profit 2: 1799.00


Comment:

RSI shows an uptrend within a day.


Key levels:

Resistance --- Support

1867.00 ------- 1822.00

1855.00 ------- 1812.00

1843.00 ------- 1799.00




XAU/USD | GOLD/USD, D1


GOLD/USD, D1


Pivot: 1834.00


Analysis:

Provided that the price is above 1755.00, follow these recommendations:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1834.00
  • Take Profit 1: 1875.00
  • Take Profit 2: 1915.00 


Alternative scenario:

In case of breakdown of the level 1755.00, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1755.00
  • Take Profit 1: 1715.00
  • Take Profit 2: 1675.00


Comment:

RSI shows an uptrend in the medium term. 


Key levels:

Resistance --- Support

1960.00 ------- 1755.00

1915.00 ------- 1715.00

1875.00 ------- 1675.00

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