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GOLD Forecast


🟨 Weekly GOLD Forecast (26.9. – 30.9.2022)

An additional signal in favor of the rise in quotes and prices for Gold in the current trading week September 26 — 30, 2022 will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the double bottom reversal pattern. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the 1615 area. This will indicate a breakdown of the support level and a continued fall in Gold prices with a target below the level of 1535. Confirmation of the growth in the value of the asset will be a breakdown of the resistance area and closing of quotes above the level of 1725, which will indicate breakdown of the upper border of the descending channel.

Suggests an attempt to test the support level near the area of ​​1635. Then, the continued growth in Gold prices with a target above the level of 1870. A test of the trend line on the relative strength index (RSI) will come out in favor of the rise in quotes. Cancellation of the growth option for GOLD will be a fall and a breakdown of the level of 1615. This will indicate a continued decline in quotes to the area below the level of 1535.

Posted: September 25, 2022 at 9:25 pm



🟨 Daily GOLD Forecast – 23.9.2022

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 descending channel. Cancellation of the option of falling prices for GOLD on 23th September 2022 will be a strong growth and a breakdown of the level of 1725. This will indicate a breakdown of the resistance area and continued growth to the area above the level of 1765. 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 1645.

Suggests an attempt to test the support area near the level of 1695. Further, the continuation of the growth of quotations with a target above the level of 1585. Cancellation of the option of raising the price of Gold will be a fall in the value of the asset in the markets and a breakdown of the level of 1725 This will indicate a breakdown of the support area for Gold. In this case, we should expect a continuation of the decline in the price of Gold with a potential target below the level of 1765.

Posted: September 23, 2022 at 8:02 am



🟨 Daily GOLD Forecast – 22.9.2022

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 “Triangle” model. Cancellation of the option of falling Gold prices on 22th September 2022 will be a strong growth and a breakdown of the level of 1700. This will indicate a breakdown of the resistance area and continued growth to the area above the level of 1745. 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 1645 , which will indicate a breakdown of the lower border of the model and the start of working out the “Triangle” pattern with targets below.

Suggests an attempt to test the support area near the level of 1675. Further, the continuation of the growth of quotations with the target above the level of 1605. Cancellation of the option of raising the price of Gold will be a fall in the value of the asset in the markets and a breakdown of the level of 1700 This will indicate a breakdown of the support area for Gold. In this case, we should expect a continuation of the decline in the price of Gold with a potential target below the level of 1745.

Posted: September 21, 2022 at 9:24 pm



🟨 Daily GOLD Forecast – 20.9.2022

An additional signal in favor of falling #XAUUSD 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 Triangle model. Cancellation of the option of falling Gold prices on 20th September 2022 will be a strong growth and a breakdown of the level of 1710. This will indicate a breakdown of the resistance area and continued growth to the area above the level of 1745. 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 1645, which will indicate a breakdown of the lower border of the model and the beginning of the pattern with targets at the bottom.

Suggests an attempt to test the support area near the level of 1680. Further, the continuation of the growth of quotations with a target above the level of 1635. Cancellation of the option to raise the price of Gold will be a fall in the value of the asset in the markets and a breakdown of the level of 1710 This will indicate a breakdown of the support area for Gold. In this case, we should expect a continuation of the decline in the price of Gold with a potential target below the level of 1745.

Posted: September 20, 2022 at 2:19 pm



🟨 Weekly GOLD Forecast (19.9. – 23.9.2022)

An additional signal in favor of the rise in quotes and prices for Gold in the current trading week 19th September - 23th September 2022 will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the double bottom reversal pattern. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the 1615 area. This will indicate a breakdown of the support level and a continued fall in Gold prices with a target below the level of 1535. Confirmation of the growth in the value of the asset will be a breakdown of the resistance area and closing of quotes above the level of 1725, which will indicate breakdown of the upper border of the descending channel.

Suggests an attempt to test the support level near the 1640 area. Then, the continued growth in Gold prices with a target above the level of 1865. A test of the trend line on the relative strength index (RSI) will come out in favor of the rise in quotes. Cancellation of the growth option for GOLD will be a fall and a breakdown of the level of 1615. This will indicate a continued decline in quotes to the area below the level of 1535.

Posted: September 19, 2022 at 4:08 am



🟨 Daily GOLD Forecast – 16.9.2022

An additional signal in favor of falling XAUUSD 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 descending channel. Cancellation of the option of falling Gold prices on September 16th 2022 will be a strong growth and a breakdown of the level of 1745. This will indicate a breakdown of the resistance area and continued growth to the area above the level of 1785. 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 1685, which will indicate a breakdown of the lower border of the bullish correction channel.

Suggests an attempt to test the resistance area near the level of 1725. Further, the quotes continue to fall with a target below the level of 1655. 1745. This will indicate a breakdown of the resistance area for Gold. In this case, we should expect a continuation of the rise in the price of Gold with a potential target above the level of 1785.

Posted: September 15, 2022 at 7:22 pm



🟨 Daily GOLD Forecast – 14.9.2022

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 14th September 2022 will be a strong growth and a breakdown of the level of 1760. This will indicate a breakdown of the resistance area and continued growth to the area above the level of 1795. 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 1685 , which will indicate a breakdown of the lower border of the reversal pattern ”Wedge”.

Suggests an attempt to test the resistance area near the level of 1735. Further, the quotes continue to fall with the target below the level of 1655. 1760. This will indicate a breakdown of the resistance area for Gold. In this case, we should expect a continuation of the rise in the price of Gold with a potential target above the level of 1795.

Posted: September 14, 2022 at 9:33 am



🟨 Weekly GOLD Forecast (12th – 16th September 2022)

An additional signal in favor of the rise in quotes and prices for Gold in the current trading week September 12 — 16, 2022 will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the double bottom reversal pattern. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the 1615 area. This will indicate a breakdown of the support level and a continued fall in Gold prices with a target below the level of 1545. Confirmation of the growth in the value of the asset will be a breakdown of the resistance area and closing of quotes above the level of 1825, which will indicate breakdown of the upper border of the “Double Bottom” reversal pattern and the beginning of the pattern with targets at the top.

Suggests an attempt to test the support level near the 1695 area. Then, the continued growth in Gold prices with a target above the level of 1895. A test of the trend line on the relative strength index (RSI) will come out in favor of the rise in quotes. Cancellation of the growth option for GOLD will be a fall and a breakdown of the level of 1615. This will indicate a continued decline in quotes to the area below the level of 1545.

Posted: September 11, 2022 at 10:50 pm



🟨 Daily GOLD Forecast – 9.9.2022

An additional signal in favor of falling XAUUSD 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 bearish channel. Cancellation of the option of falling Gold prices on 9th September 2022 will be a strong growth and a breakdown of the level of 1760. This will indicate a breakdown of the resistance area and continued growth to the area above the level of 1795. Expect an acceleration in the fall of XAUUSD quotes with a breakdown of the support area and closing the price below the level of 1675.

Suggests an attempt to test the resistance area near the level of 1735. Further, the quotes continue to fall with a target below the level of 1625. 1760. This will indicate a breakdown of the resistance area for Gold. In this case, we should expect a continuation of the rise in the price of Gold with a potential target above the level of 1795.

Posted: September 8, 2022 at 8:53 pm



🟨 Daily GOLD Forecast – 8.9.2022

An additional signal in favor of falling XAUUSD 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 bearish channel. Cancellation of the option of falling prices for Gold on 8th September 2022 will be a strong growth and a breakdown of the level of 1765. This will indicate a breakdown of the resistance area and continued growth to the area above the level of 1805. Expect an acceleration in the fall of XAUUSD quotes with a breakdown of the support area and closing the price below the level of 1685.

Suggests an attempt to test the resistance area near the level of 1745. Further, the quotes continue to fall with the target below the level of 1615. 1765. This will indicate a breakdown of the resistance area for Gold. In this case, we should expect a continuation of the rise in the price of Gold with a potential target above the level of 1805.

Posted: September 7, 2022 at 9:08 pm