✅ This month we made in TOTAL: +9.250 PIPs
(January 2021: +3.700 PIPs)

Weekly Forecast


Weekly Forecast (22.2.2021 – 26.2.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week on February 22 — 26, 2021 will be a test of the rising trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1605. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1525. 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 1985, which will indicate breakdown of the upper border of the descending channel.

Assumes an attempt to test the support level near the area of ​​1685. Then, the GOLD prices will continue to rise with a target above the level of 2025. A test of the trend line on the relative strength index (RSI) will be in favor of raising the quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1605. This will indicate a continued decline in quotations to the area below the level of 1525.

 

Target of this week: +1.500 PIPs Profit

Posted: February 21, 2021 at 9:02 pm



Weekly Forecast (15.2.2021 – 19.2.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week of February 15 — 19, 2021 will be a test of the rising trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ”Triangle” pattern. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1695. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1595. 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 1985, which will indicate breakdown of the upper border of the “Triangle” model.

Assumes an attempt to test the support level near the 1750 area. Then, the GOLD prices will continue to rise with a target above the level of 2145. A test of the trend line on the relative strength index (RSI) will be in favor of the rise in quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1695. This will indicate a continued decline in quotations to the area below the level of 1595.

 

Weekly Target: +1.300 PIPs

Posted: February 15, 2021 at 7:50 am



Weekly Forecast (8.2.2021 – 12.2.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week on February 8 — 12, 2021 will be a test of the rising trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the “Triangle” pattern. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1665. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1585. 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 1985, which will indicate breakdown of the upper border of the descending channel and completion of the current correction in Gold.

Assumes an attempt to test the support level near the 1755 area. Then, the GOLD prices will continue to rise with a target above the level of 2115. A test of the trend line on the relative strength index (RSI) will be in favor of the rise in quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1665. This will indicate a continued decline in quotations to the area below the level of 1585.

Weekly Target +2.500 PIPs Profit

Posted: February 8, 2021 at 9:43 am



Weekly Forecast (1.2.2021 – 5.2.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week February 1 — 5, 2021 will be a test of the rising trend line on the relative strength index (RSI). The second signal will be the completion of the formation of an inverted Head and Shoulders pattern. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the 1705 area. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1635. Confirmation of the growth of the asset value will be a breakdown of the resistance area and closing of quotes above the level of 1985, which will indicate breakdown of the upper border of the descending channel and completion of the current correction in Gold.

Assumes an attempt to test the support level near the 1815 area. Then, the GOLD prices will continue to rise with a target above the level of 2105. A test of the trend line on the relative strength index (RSI) will be in favor of raising the quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1705. This will indicate a continued decline in quotations to the area below the level of 1635.

 

Weekly Target +2.500 PIPs Profit

Posted: February 1, 2021 at 10:29 am



Weekly Forecast (25.1.2021 – 29.1.2021)

An additional signal in favor of a rise in quotes and prices for GOLD in the current trading week January 25 — 29, 2021 will be a test of the rising trend line on the relative strength index (RSI). The second signal will be the completion of the formation of the inverted “Head and Shoulders” pattern. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1725. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1655. Confirmation of the growth in the value of the asset will be a breakdown of the resistance area and closing of quotations above the level of 1995, which will indicate breakdown of the upper border of the descending channel and completion of the current correction in Gold.

Assumes an attempt to test the support level near the 1815 area. Then, the GOLD prices will continue to rise with a target above the level of 2135. A test of the trend line on the relative strength index (RSI) will be in favor of the rise in quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1725. This will indicate a continued decline in quotations to the area below the level of 1655.

 

Weekly Target +1.750 PIPs Profit

Posted: January 25, 2021 at 7:30 am



Weekly Forecast (11.1.2021 – 15.1.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week January 11 — 15, 2021 will be a test of the rising trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1735. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1655. Confirmation of the growth in the value of the asset will be a breakdown of the resistance area and closing of quotations above the level of 1995, which will indicate breakdown of the upper border of the descending channel and completion of the current correction in Gold.

Assumes an attempt to test the support level near the 1845 area. Then, the GOLD prices will continue to rise with a target above the level of 2245. A test of the trend line on the relative strength index (RSI) will be in favor of the rise in quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1735. This will indicate a continued decline in quotations to the area below the level of 1655.

 

Weekly Target for this week: +1.550 PIPs Profit

Posted: January 11, 2021 at 11:42 am



Weekly Forecast (4.1.2021 – 8.1.2021)

Will be a test of the rising trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1725. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1665. 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 1955, which will indicate breakdown of the upper border of the descending channel and completion of the current correction in Gold.

Assumes an attempt to test the support level near the 1855 area. Then, the GOLD prices will continue to rise with the target above the level of 2185. A test of the trend line on the relative strength index (RSI) will be in favor of the rise in quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1725. This will indicate a continued decline in quotations to the area below the level of 1665.

 

Weekly Target for 4.1.2021 - 8.1.2021 is: +2.200 PIPs Profit

Posted: January 4, 2021 at 9:45 am



Weekly Forecast (21.12. – 25.12.2020)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week December 21 — 25, 2020 will be a test of the rising trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the 1705 area. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1635. 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 1985, which will indicate breakdown of the upper border of the descending channel and completion of the current correction in Gold.

Assumes an attempt to test the support level near the 1855 area. Then, the GOLD prices will continue to rise with a target above the level of 2215. A test of the trend line on the relative strength index (RSI) will be in favor of raising the quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1705. This will indicate a continued decline in quotations to the area below the level of 1635.

 

Weekly Target for 21.12.2020 - 25.12.2020 +2.500 PIPs

Posted: December 21, 2020 at 8:24 am



Weekly Forecast (14.12. – 18.12.2020)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week December 14 — 18, 2020 will be a test of the rising trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the 1705 area. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1640. 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 1985, which will indicate breakdown of the upper border of the descending channel.

Implies an attempt to test the support level near the 1820 area. Then, the GOLD prices will continue to rise with a target above the level of 2195. A test of the trend line on the relative strength index (RSI) will be in favor of raising the quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1705. This will indicate a continued decline in quotations to the area below the level of 1640.

Weekly Target for this week is +1.800 PIPs Profit

Posted: December 14, 2020 at 8:12 am



Weekly Forecast (7.12. – 11.12.2020)

An additional signal in favor of a rise in quotes and prices for GOLD in the current trading week of December 7 — 11, 2020 will be a test of the rising trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1715. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1645. 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 1985, which will indicate breakdown of the upper border of the descending channel.

Assumes an attempt to test the support level near the 1815 area. Then, the GOLD prices will continue to rise with a target above the level of 2145. A test of the trend line on the relative strength index (RSI) will be in favor of the rise in quotes. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1715. This will indicate a continued decline in quotations to the area below the level of 1645.

 

Weekly Target for this week is +2.100 PIPs Profit

Posted: December 7, 2020 at 12:03 pm