✅ This month we made in TOTAL: +6.870 PIPs
(August 2020: +14.220 PIPs)

Weekly Forecast


Weekly Forecast (17.8. – 21.8.2020)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week August 17 — 21, 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 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 2075.

Assumes an attempt to test the support level near the 1885 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 raising the 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 1545.

 

Weekly Target is +1.500 PIPs Profit

Posted: August 17, 2020 at 9:06 am



Weekly Forecast (10.8. – 14.8.2020)

An additional signal in favor of a rise in quotes and prices for GOLD in the current trading week August 10 — 14, 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 ​​1765. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1575. 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 2055.

Assumes an attempt to test the support level near the 1895 area. Then, the GOLD prices will continue to rise with a target above the level of 2235. 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 1765. This will indicate a continued decline in quotations to the area below the level of 1575.

Posted: August 10, 2020 at 7:23 am



Weekly Forecast (3.8. – 7.8.2020)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week August 3 — 7, 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 ​​1655. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 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 2015.

Assumes an attempt to test the support level near the 1805 area. Then, the GOLD prices will continue to rise with a target above the level of 2155. 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 1655. This will indicate a continued decline in quotations to the area below the level of 1535.

Posted: August 3, 2020 at 12:23 pm



Weekly Forecast (27.7. – 31.7.2020)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week July 27 — 31, 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 ​​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 1965.

Assumes an attempt to test the support level near the 1790 area. Then, the GOLD prices will continue to rise with a target above the level of 2125. 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.

Posted: July 27, 2020 at 10:54 am



Weekly Forecast (20.7. – 24.7.2020)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week July 20 — 24, 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 ​​1565. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1495. 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 1845.

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 1955. 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 1565. This will indicate a continued decline in quotations to the area below the level of 1495.

Weekly Target is +1.500 PIPs Profit

Posted: July 20, 2020 at 8:23 am



Weekly GOLD Forecast (6.7. – 10.7.2020)

An additional signal in favor of the rise in quotations and gold prices in the current trading week July 6 — 10, 2020 will be an uptrend test on the relative strength index (RSI). The second signal will be a rebound from the lower boundary of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1625. This will indicate a breakdown of the support level and a continued fall in the price of GOLD with a target below the level of 1565. A 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 1825.

GOLD Price Forecast and Analysis July 6 — 10, 2020 implies an attempt to test the support level near the area of ​​1705. Then, the continuation of the growth of gold prices with the target above the level of 1935. A test of the trend line on the relative strength index (RSI) will be in favor of raising prices. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1625. This will indicate a continued decline in quotations to the area below the level of 1565.

 

Weekly Target for 6.7. - 10.7.2020 is 2.600+ PIPs Profit

Posted: July 6, 2020 at 10:01 am



Weekly GOLD Forecast (8.6. – 12.6.2020)

An additional signal in favor of the rise in quotations and gold prices in the current trading week June 8 — 12, 2020 will be an uptrend test on the relative strength index (RSI). The second signal will be a rebound from the lower boundary of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1515. This will indicate a breakdown of the support level and a continued fall in the price of Gold with a target below the level of 1425. A 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 1785.

GOLD Price Forecast and Analysis June 8 — 12, 2020 implies an attempt to test the support level near the area of ​​1655. Then, the continuation of the growth of GOLD prices with the target above the level of 1925. A test of the trend line on the relative strength index (RSI) will favor the rise in quotations. Cancellation of the Gold growth option will be a fall and a breakdown of the level of 1515. This will indicate a continued decline in quotations to the area below the level of 1425.

 

Weekly Target for 8.6. - 12.6.2020 is 2.200+ PIPs Profit

Posted: June 7, 2020 at 9:06 pm



Weekly GOLD Forecast (1.6. – 5.6.2020)

An additional signal in favor of the rise in quotations and GOLD prices in the current trading week June 1 — 5, 2020 will be an uptrend line test on the relative strength index (RSI). The second signal will be a rebound from the lower boundary of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1510. This will indicate a breakdown of the support level and a continued fall in the price of Gold with a target below the level of 1415. A 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 1765.

GOLD Price Forecast and Analysis June 1 — 5, 2020 implies an attempt to test the support level near the area of ​​1625. Then, the continuation of the growth of Gold prices with the target above the level of 1875. A test of the trend line on the relative strength index (RSI) will favor the rise in quotations. Cancellation of the GOLD growth option will be a fall and a breakdown of the level of 1510. This will indicate a continued decline in quotations to the area below the level of 1415.

 

Weekly Target for 1.6. - 5.6.2020 is 1.000+ PIPs Profit

Posted: May 31, 2020 at 9:42 pm



Weekly GOLD Forecast (25.5. – 29.5.2020)

An additional signal in favor of the rise in quotations and gold prices in the current trading week May 25 — 29, 2020 will be an uptrend line test on the relative strength index (RSI). The second signal will be a rebound from the lower boundary of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1505. This will indicate a breakdown of the support level and a continued fall in the price of Gold with a target below the level of 1365. A 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 1805.

GOLD Price Forecast and Analysis May 25 — 29, 2020 implies an attempt to test the support level near the area of ​​1645. Then, the continuation of the growth of Gold prices with the target above the level of 1955. A test of the trend line on the relative strength index (RSI) will favor the rise in quotations. Cancellation of the Gold growth option will be a fall and a breakdown of the level of 1505. This will indicate a continued decline in quotations to the area below the level of 1365.

 

Weekly Target for 25.5.2020 - 29.5.2020 is +1.150 PIPs Profit

Posted: May 24, 2020 at 8:15 pm



Weekly GOLD Forecast (11.5. – 15.5.2020)

An additional signal in favor of the rise in quotations and GOLD prices in the current trading week May 11 — 15, 2020 will be an uptrend test on the relative strength index (RSI). The second signal will be a rebound from the lower boundary of the ascending channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1505. This will indicate a breakdown of the support level and a continued fall in the price of Gold with a target below the level of 1365. A 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 1765.

GOLD Price Forecast and Analysis May 11 — 15, 2020 implies an attempt to test the support level near the area of ​​1605. Then, the continuation of the growth of GOLD prices with the target above the level of 1945. A test of the trend line on the relative strength index (RSI) will be in favor of raising quotes. Cancellation of the Gold growth option will be a fall and a breakdown of the level of 1505. This will indicate a continued decline in quotations to the area below the level of 1365.

Weekly Target for 11.5.2020 - 15.5.2020 is +1.100 PIPs Profit

Posted: May 10, 2020 at 9:23 pm