Languages

website utilities

 

Follow us:
+1 (646) 48 000 22 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.

Weekly forecastGold technical chart
SymbolXAUUSD

Download template file

DateSat, 01/06/2018 - 22:44
Currentrange bound
Forecastbeginning of downtrend
Description

Last week:
During last week, market went bullish, rising to as high as 1325.96.
Market was opened on Monday at 1309.91, it rises to its maximum price at 1325.96 on Thu, 01/04/2018 - 20:00, then it drops to its minimum price at 1305.87 on Thu, 01/04/2018 - 01:00 and finally it was closed on Friday at 1319.22.

Technical analysis:

  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 71.
  • Current short-term is range bound, but beginning of downtrend is expected.

Trading suggestion:
There is possibility of temporary retracement to suggested resistance zone (1320.00 to 1356.75), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (1320.00)
    • resistance on Wed, 01/03/2018
    • resistance on Tue, 01/02/2018
    • resistance on Mon, 09/18/2017
    • support on Fri, 09/15/2017
    • support on Thu, 09/14/2017
    • support on Wed, 09/13/2017
    • resistance on Tue, 08/29/2017
    • resistance on Wed, 11/09/2016
    • resistance on Mon, 10/03/2016
    • support on Thu, 09/29/2016
    • support on Wed, 09/28/2016
    • support on Mon, 09/12/2016
    • support on Mon, 08/29/2016
    • support on Fri, 08/26/2016
    • support on Thu, 08/25/2016
    • support on Fri, 07/22/2016
  • Ending of entry zone (1356.75)
    • resistance on Fri, 09/08/2017
    • resistance on Thu, 08/18/2016
    • resistance on Tue, 08/16/2016
    • resistance on Fri, 08/12/2016
    • resistance on Wed, 08/10/2016
    • resistance on Mon, 08/01/2016
    • resistance on Fri, 07/29/2016
    • resistance on Tue, 07/12/2016
    • resistance on Tue, 07/05/2016
    • resistance on Mon, 07/04/2016
    • resistance on Fri, 06/24/2016

Supports and Resistances:

  1. 1305.15
    • support on Thu, 01/04/2018
    • resistance on Fri, 12/29/2017
    • resistance on Mon, 10/16/2017
    • support on Tue, 09/19/2017
    • support on Mon, 09/18/2017
    • support on Thu, 08/31/2017
    • support on Wed, 08/30/2017
    • support on Tue, 08/29/2017
    • resistance on Wed, 11/09/2016
    • resistance on Fri, 11/04/2016
    • resistance on Thu, 11/03/2016
    • resistance on Wed, 11/02/2016
    • support on Fri, 09/16/2016
    • support on Fri, 09/02/2016
    • support on Thu, 09/01/2016
    • support on Wed, 08/31/2016
    • support on Tue, 06/28/2016
    • resistance on Thu, 06/16/2016
    • resistance on Mon, 05/02/2016
    • resistance on Thu, 01/22/2015
    • resistance on Wed, 01/21/2015
    • resistance on Mon, 08/18/2014
    • support on Wed, 08/13/2014
    • support on Tue, 08/12/2014
    • support on Mon, 08/11/2014
    • support on Fri, 08/08/2014
    • support on Thu, 08/07/2014
    • resistance on Wed, 07/30/2014
    • resistance on Tue, 07/29/2014
    • resistance on Thu, 07/24/2014
    • support on Tue, 07/22/2014
    • support on Mon, 07/21/2014
    • support on Fri, 07/18/2014
    • resistance on Wed, 07/16/2014
    • support on Mon, 07/14/2014
    • support on Thu, 06/26/2014
    • support on Fri, 06/20/2014
    • resistance on Thu, 05/22/2014
    • resistance on Mon, 05/19/2014
    • resistance on Thu, 05/15/2014
    • resistance on Mon, 05/12/2014
    • support on Tue, 05/06/2014
    • resistance on Fri, 05/02/2014
    • resistance on Mon, 04/28/2014
    • resistance on Fri, 04/25/2014
    • resistance on Thu, 04/17/2014
    • resistance on Wed, 04/16/2014
    • support on Wed, 04/09/2014
    • resistance on Mon, 04/07/2014
    • resistance on Fri, 04/04/2014
    • resistance on Thu, 03/27/2014
    • support on Tue, 03/25/2014
    • support on Mon, 03/24/2014
    • support on Thu, 02/20/2014
    • resistance on Thu, 02/13/2014
    • support on Thu, 11/07/2013
    • support on Tue, 11/05/2013
    • support on Fri, 11/01/2013
    • resistance on Thu, 10/10/2013
    • support on Wed, 10/09/2013
    • support on Mon, 10/07/2013
    • support on Fri, 10/04/2013
    • support on Thu, 10/03/2013
    • support on Tue, 09/24/2013
    • support on Wed, 09/18/2013
    • support on Tue, 09/17/2013
    • support on Mon, 09/16/2013
    • support on Fri, 09/13/2013
  2. 1294.60
    • support on Fri, 12/29/2017
    • resistance on Thu, 12/28/2017
    • resistance on Wed, 11/29/2017
    • resistance on Tue, 11/28/2017
    • resistance on Mon, 11/27/2017
    • resistance on Thu, 11/23/2017
    • resistance on Wed, 11/22/2017
    • resistance on Mon, 11/20/2017
    • resistance on Fri, 11/17/2017
    • resistance on Tue, 10/17/2017
    • support on Mon, 10/16/2017
    • resistance on Thu, 10/12/2017
    • resistance on Wed, 10/11/2017
    • resistance on Tue, 10/10/2017
    • resistance on Wed, 09/27/2017
    • support on Mon, 09/25/2017
    • support on Wed, 09/20/2017
    • resistance on Fri, 08/25/2017
    • resistance on Mon, 08/21/2017
    • resistance on Fri, 08/18/2017
    • resistance on Wed, 06/07/2017
    • resistance on Tue, 06/06/2017
    • resistance on Mon, 04/17/2017
    • resistance on Thu, 11/10/2016
    • resistance on Wed, 11/09/2016
    • resistance on Mon, 11/07/2016
    • support on Fri, 11/04/2016
    • support on Thu, 11/03/2016
    • resistance on Tue, 06/21/2016
    • resistance on Thu, 06/16/2016
    • resistance on Wed, 06/15/2016
    • resistance on Fri, 05/06/2016
    • resistance on Tue, 05/03/2016
    • resistance on Mon, 05/02/2016
    • resistance on Fri, 04/29/2016
  3. 1271.00
    • support on Mon, 12/04/2017
    • support on Fri, 12/01/2017
    • support on Thu, 11/30/2017
    • support on Tue, 11/14/2017
    • support on Tue, 11/07/2017
    • support on Mon, 10/30/2017
    • support on Wed, 10/25/2017
    • support on Wed, 10/04/2017
    • support on Wed, 08/16/2017
    • support on Tue, 08/15/2017
    • resistance on Fri, 08/04/2017
    • resistance on Thu, 08/03/2017
    • resistance on Wed, 08/02/2017
    • resistance on Tue, 08/01/2017
    • resistance on Mon, 07/31/2017
    • resistance on Fri, 07/28/2017
    • support on Thu, 06/08/2017
    • resistance on Thu, 06/01/2017
    • resistance on Wed, 05/31/2017
    • resistance on Tue, 05/30/2017
    • resistance on Fri, 05/26/2017
    • resistance on Mon, 05/01/2017
    • resistance on Thu, 04/27/2017
    • resistance on Wed, 04/26/2017
    • support on Mon, 04/24/2017
    • support on Wed, 04/12/2017
    • resistance on Fri, 04/07/2017
    • support on Wed, 11/09/2016
    • support on Tue, 11/08/2016
    • resistance on Thu, 10/27/2016
    • resistance on Mon, 10/24/2016
    • resistance on Thu, 10/20/2016
    • resistance on Wed, 10/19/2016
    • resistance on Thu, 10/06/2016
    • resistance on Thu, 06/23/2016
    • support on Mon, 06/13/2016
    • resistance on Thu, 06/09/2016
    • support on Tue, 05/17/2016
    • support on Mon, 05/16/2016
    • resistance on Thu, 04/28/2016
    • resistance on Thu, 04/21/2016
    • resistance on Thu, 03/17/2016
    • resistance on Fri, 03/11/2016
    • resistance on Tue, 03/08/2016
    • resistance on Mon, 03/07/2016
    • resistance on Fri, 03/04/2016
  4. 1262.50
    • resistance on Tue, 12/19/2017
    • resistance on Mon, 12/18/2017
    • resistance on Fri, 12/15/2017
    • support on Wed, 12/06/2017
    • support on Tue, 12/05/2017
    • support on Fri, 10/27/2017
    • support on Fri, 10/06/2017
    • resistance on Tue, 08/08/2017
    • resistance on Thu, 07/27/2017
    • resistance on Wed, 07/26/2017
    • resistance on Thu, 06/15/2017
    • support on Tue, 06/13/2017
    • support on Mon, 06/12/2017
    • support on Fri, 06/02/2017
    • support on Thu, 06/01/2017
    • support on Wed, 05/31/2017
    • resistance on Tue, 05/23/2017
    • resistance on Mon, 05/22/2017
    • resistance on Thu, 05/18/2017
    • resistance on Wed, 05/17/2017
    • support on Fri, 04/28/2017
    • support on Thu, 04/27/2017
    • support on Wed, 04/26/2017
    • support on Tue, 04/25/2017
    • resistance on Fri, 04/07/2017
    • resistance on Tue, 04/04/2017
    • resistance on Mon, 03/27/2017
    • resistance on Mon, 02/27/2017
    • resistance on Fri, 11/11/2016
    • support on Fri, 10/28/2016
    • support on Tue, 10/25/2016
    • support on Mon, 10/24/2016
    • support on Fri, 10/21/2016
    • support on Thu, 10/20/2016
    • resistance on Tue, 10/18/2016
    • resistance on Thu, 10/13/2016
    • resistance on Tue, 10/11/2016
    • support on Wed, 10/05/2016
    • support on Wed, 06/22/2016
    • support on Tue, 06/21/2016
    • resistance on Wed, 06/08/2016
    • support on Fri, 05/13/2016
    • support on Thu, 05/12/2016
    • support on Wed, 05/11/2016
    • support on Tue, 05/10/2016
    • support on Mon, 05/09/2016
    • resistance on Thu, 04/21/2016
    • resistance on Tue, 04/12/2016
    • resistance on Tue, 03/22/2016
    • resistance on Fri, 03/18/2016
    • resistance on Thu, 03/17/2016
    • resistance on Wed, 03/16/2016
    • resistance on Mon, 03/14/2016
    • resistance on Wed, 03/09/2016
    • resistance on Thu, 02/11/2016
  5. 1248.65
    • resistance on Mon, 12/11/2017
    • support on Wed, 07/26/2017
    • support on Tue, 07/25/2017
    • resistance on Thu, 07/20/2017
    • support on Fri, 06/23/2017
    • support on Wed, 05/24/2017
    • support on Mon, 04/10/2017
    • support on Thu, 04/06/2017
    • resistance on Fri, 03/31/2017
    • resistance on Fri, 03/24/2017
    • resistance on Thu, 03/23/2017
    • resistance on Wed, 03/22/2017
    • resistance on Tue, 03/21/2017
    • support on Fri, 02/24/2017
    • support on Mon, 10/17/2016
    • support on Fri, 10/14/2016
    • support on Wed, 10/12/2016
    • support on Fri, 10/07/2016
    • support on Thu, 10/06/2016
    • support on Fri, 06/24/2016
    • resistance on Tue, 06/07/2016
    • resistance on Mon, 06/06/2016
    • support on Mon, 05/23/2016
    • support on Fri, 05/20/2016
    • support on Thu, 05/19/2016
    • resistance on Wed, 04/27/2016
    • resistance on Fri, 04/22/2016
    • resistance on Thu, 04/21/2016
    • resistance on Wed, 03/23/2016
    • support on Fri, 03/18/2016
    • support on Fri, 03/11/2016
    • support on Thu, 03/10/2016
    • support on Wed, 03/09/2016
    • resistance on Tue, 03/01/2016
    • resistance on Wed, 02/24/2016
    • resistance on Fri, 02/12/2016
    • resistance on Thu, 02/11/2016
  6. 1204.80
    • support on Mon, 07/10/2017
    • support on Tue, 01/24/2017
    • resistance on Thu, 01/19/2017
    • resistance on Mon, 01/16/2017
    • resistance on Thu, 01/12/2017
    • support on Tue, 11/22/2016
    • support on Mon, 11/21/2016
    • support on Fri, 11/18/2016
    • support on Wed, 06/01/2016
    • support on Tue, 05/31/2016
    • support on Mon, 05/30/2016
    • support on Tue, 02/23/2016
    • support on Mon, 02/22/2016
  7. 1180.00
    • support on Fri, 01/27/2017
    • resistance on Fri, 01/06/2017
    • resistance on Thu, 01/05/2017
    • resistance on Thu, 12/08/2016
    • resistance on Wed, 12/07/2016
    • resistance on Mon, 12/05/2016
    • support on Tue, 11/29/2016
    • support on Fri, 11/25/2016
    • support on Thu, 11/24/2016
    • support on Wed, 11/23/2016
    • support on Wed, 02/10/2016
    • resistance on Wed, 10/28/2015
    • resistance on Fri, 10/23/2015
    • resistance on Wed, 10/21/2015
    • resistance on Tue, 10/20/2015
    • support on Wed, 06/17/2015
    • support on Tue, 06/16/2015
    • support on Mon, 06/15/2015
    • support on Fri, 06/12/2015
    • support on Thu, 06/11/2015
    • support on Wed, 06/03/2015
    • support on Thu, 05/28/2015
    • support on Tue, 05/12/2015
    • support on Mon, 05/11/2015
    • support on Fri, 05/08/2015
    • support on Thu, 05/07/2015
    • support on Thu, 04/30/2015
    • support on Wed, 04/01/2015
    • support on Tue, 03/31/2015
    • support on Mon, 01/05/2015
    • support on Fri, 01/02/2015
    • support on Wed, 12/31/2014
    • support on Tue, 12/30/2014
    • support on Mon, 12/29/2014
    • support on Thu, 11/20/2014
    • support on Wed, 11/19/2014
    • resistance on Mon, 11/10/2014
    • resistance on Fri, 11/07/2014
    • support on Tue, 12/31/2013
    • vale on Fri, 06/28/2013
    • support on Fri, 06/28/2013
    • support on Tue, 08/03/2010
    • support on Mon, 08/02/2010
    • support on Mon, 07/26/2010
    • support on Thu, 07/22/2010
    • support on Tue, 07/20/2010
    • support on Mon, 07/19/2010
  8. 1131.60
    • support on Tue, 12/27/2016
    • support on Tue, 12/20/2016
    • resistance on Tue, 02/02/2016
    • support on Mon, 11/02/2015
    • support on Mon, 09/28/2015
    • resistance on Wed, 09/23/2015
    • resistance on Thu, 09/17/2015
    • support on Wed, 09/02/2015
    • support on Mon, 08/31/2015
    • support on Thu, 08/20/2015
    • support on Fri, 07/17/2015
    • support on Fri, 11/07/2014
  9. 1083.25
    • support on Tue, 01/19/2016
    • support on Wed, 01/13/2016
    • support on Tue, 01/12/2016
    • resistance on Tue, 01/05/2016
    • resistance on Mon, 01/04/2016
    • resistance on Mon, 12/21/2015
    • resistance on Wed, 12/09/2015
    • resistance on Fri, 11/20/2015
    • resistance on Thu, 11/19/2015
    • resistance on Tue, 11/17/2015
    • support on Fri, 11/13/2015
    • support on Thu, 11/12/2015
    • support on Wed, 11/11/2015
    • support on Fri, 08/07/2015
    • support on Thu, 08/06/2015
    • support on Wed, 08/05/2015
    • support on Tue, 08/04/2015
    • support on Fri, 07/31/2015
    • support on Thu, 07/30/2015
    • support on Fri, 07/24/2015
  10. 1046.15
    • support on Thu, 12/17/2015
    • support on Thu, 12/03/2015
    • support on Fri, 02/05/2010

Latest forecasts
Symbol Released Current Forecast
Gold (XAUUSD) new Sat, 20 Jan 2018
Gold (XAUUSD) Sat, 13 Jan 2018
Gold (XAUUSD) Sat, 6 Jan 2018
Gold (XAUUSD) Tue, 2 Jan 2018
Gold (XAUUSD) Sun, 24 Dec 2017