GOLD Signal – 20.5.2021

GOLD Signals TEAM May 20, 2021 Past Signals 0 Comments

BUY at 1877.00

T/P 1: 1882.00
T/P 2: 1887.00
T/P 3: 1892.00

S/L: 1872.00

#XAUUSD T/P 2 Price with +1.000 PIPs Profit

🟨 Daily GOLD Forecast – 19.4.2024

In the domain of #GOLD (#XAU/USD), signaling a potential uptrend in quotes could involve testing the support line on the relative strength index (RSI) and observing a rebound from the lower border of the Triangle pattern. However, if prices decline below 2295 by April 19, 2024, indicating a breakdown in support, anticipate further declines towards 2245. Conversely, expect an uptick in the growth of XAU/USD quotes upon breaking through the resistance area and achieving closing prices above 2415, signaling a breach of the upper boundary of the Triangle pattern.

Foresee an initial effort towards a price correction, with a support test near the 2350 level, followed by sustained growth in non-ferrous metal quotations targeting levels above 2505. However, if prices fall below 2295, it would nullify the bullish outlook, indicating a potential decline towards 2245.

Posted: April 19, 2024 at 9:05 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

GOLD Signal – 20.5.2021

Leave a Reply Cancel reply

Business Hours

Member Options