✅ This month we made in TOTAL: +14.710 PIPs
(June 2021: -200 PIPs)

Weekly Forecast


Weekly Forecast (12.7.2021 – 16.7.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week July 12 — 16, 2021 will be a test of the trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1675. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1565. 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, which will indicate completion of the formation of the “Head and Shoulders” reversal pattern.

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 2055. 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 1675. This will indicate a continued decline in quotations to the area below the level of 1565.

 

Weekly Target: +2.200 PIPs Profit

Posted: July 12, 2021 at 7:03 am



Weekly Forecast (5.7.2021 – 9.7.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week July 5 — 9, 2021 will be a test of the trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1675. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1565. 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, which will indicate completion of the formation of the “Head and Shoulders” reversal pattern.

Assumes an attempt to test the support level near the 1745 area. Then, the GOLD prices will continue to rise with a target above the level of 2085. 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 1675. This will indicate a continued decline in quotations to the area below the level of 1565.

Weekly Target: +2.200 PIPs

Posted: July 5, 2021 at 6:10 am



Weekly Forecast (28.5.2021 – 2.6.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week June 28 — July 2, 2021 will be a test of the trend line on the relative strength index (RSI). The second signal will be a breakdown of the lower boundary of the bullish channel. Cancellation of the growth option for XAU/USD quotes will be a fall and a breakdown of the area of ​​1675. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1565. 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, which will indicate completion of the formation of the “Head and Shoulders” reversal pattern.

Assumes an attempt to test the support level near the 1745 area. Then, the GOLD prices will continue to rise with a target above the level of 2085. 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 1675. This will indicate a continued decline in quotations to the area below the level of 1565.

 

Weekly Target: +2.300 PIPs

Posted: June 27, 2021 at 8:38 pm



Weekly Forecast (31.5.2021 – 4.6.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week May 31 — June 4, 2021 will be a test of the trend line on the relative strength index (RSI). The second signal will be a breakout of the upper border of the bearish 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 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 1975.

Assumes an attempt to test the support level near the 1825 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 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 1585.

Weekly Target: +2.500 PIPs Profit

Posted: May 31, 2021 at 6:26 am



Weekly Forecast (10.5.2021 – 14.5.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week on May 10 — 14, 2021 will be a test of the 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 ​​1575. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1505. 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 1865, which will indicate breakdown of the upper border of the downward channel, which will also indicate the completion of the downward correction.

Assumes an attempt to test the support level near the 1735 area. Then, the GOLD prices will continue to rise with a target above the level of 2085. 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 1575. This will indicate a continued decline in quotations to the area below the level of 1505.

 

Weekly Target: +2.300 PIPs Profit

Posted: May 9, 2021 at 8:34 am



Weekly Forecast (3.5.2021 – 7.5.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week May 3 — 7, 2021 will be a test of the 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 ​​1585. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below the level of 1465. 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 1855, which will indicate breakdown of the upper border of the downward channel, which will also indicate the completion of the downward correction.

Assumes an attempt to test the support level near the 1715 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 1585. This will indicate a continued decline in quotations to the area below the level of 1465.

Weekly Target: +1.900 PIPs 

Posted: May 2, 2021 at 5:06 pm



Weekly Forecast (12.4.2021 – 16.4.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week April 12 — 16, 2021 will be a test of the 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 1585 area. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1445. 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 1855, which will indicate breakdown of the upper border of the descending channel.

Assumes an attempt to test the support level near the 1705 area. Then, the GOLD prices will continue to rise with a target above the level of 2055. 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 1585. This will indicate a continued decline in quotations to the area below the level of 1445.

Weekly Target: +2.500 PIPs Profit

Posted: April 12, 2021 at 7:44 am



Weekly Forecast (5.4.2021 – 9.4.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week April 5 — 9, 2021 will be a test of the 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 ​​1585. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below the level of 1465. 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 1855, which will indicate breakdown of the upper border of the descending channel.

Assumes an attempt to test the support level near the 1705 area. Then, the GOLD prices will continue to rise with a target above the level of 2065. 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 1585. This will indicate a continued decline in quotations to the area below the level of 1465.

 

Weekly Target: +1.800 PIPs Profit

Posted: April 6, 2021 at 7:04 am



Weekly Forecast (29.3.2021 – 1.4.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week March 29 — April 2, 2021 will be a test of the 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 ​​1585. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1455. 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 1935, which will indicate breakdown of the upper border of the descending channel.

GOLD Price Forecast and Weekly Analysis March 29 — April 2, 2021 assumes an attempt to test the support level near the area of ​​1695. Then, the GOLD prices will continue to rise with a target above the level of 2045. 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 1585. This will indicate a continued decline in quotations to the area below the level of 1455.

 

Weekly Target: +2.500 PIPs Profit

Posted: March 29, 2021 at 8:40 am



Weekly Forecast (22.3.2021 – 26.3.2021)

An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week March 22 — 26, 2021 will be a test of the 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 1585 area. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1475. 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 1935, which will indicate breakdown of the upper border of the descending channel.

Assumes an attempt to test the support level near the area of ​​1695. Then, the GOLD prices will continue to rise with a target above the level of 1965. 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 1585. This will indicate a continued decline in quotations to the area below the level of 1475.

Posted: March 21, 2021 at 11:00 pm