Category: Articles

Best GOLD Signals

GOLD Signals TEAM July 16, 2022 Articles

Gold signals are a type of technical analysis used to predict movements in the market. By following our gold signals, traders can improve their chances…

🟨 Daily GOLD Forecast – 12.8.2022

An additional signal in favor of falling XAU/USD quotes will be a test of the resistance line on the relative strength index (RSI). The second signal will be a rebound from the upper border of the “Wedge” reversal pattern. Cancellation of the option of falling Gold prices on 12th August 2022 will be a strong growth and a breakdown of the level of 1835. This will indicate a breakdown of the resistance area and continued growth to the area above the level of 1885. Expect an acceleration in the fall of XAU/USD quotes with a breakdown of the support area and closing the price below the level of 1765 , which will indicate a breakdown of the lower boundary of the “Wedge” reversal pattern and the beginning of the pattern with targets at the bottom.

Suggests an attempt to test the resistance area near the level of 1805. Further, the quotes continue to fall with a target below the level of 1720. 1835. This will indicate a breakdown of the Gold resistance area. In this case, we should expect a continuation of the rise in the price of Gold with a potential target above the level of 1885.

Posted: August 12, 2022 at 7:24 am

Share

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Category: Articles

Best GOLD Signals

Business Hours

Member Options