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 forecast Gold technical chart
Symbol XAUUSD

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (1240.00 to 1231.15). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (1240.00)
    • Support on 10/07/2016
    • Resistance on 02/16/2017
    • Resistance on 02/17/2017
    • Resistance on 02/20/2017
    • Resistance on 02/21/2017
    • Resistance on 02/22/2017
    • Support on 03/01/2017
    • Support on 03/31/2017
    • Resistance on 05/04/2017
    • Resistance on 05/16/2017
    • Support on 06/20/2017
    • Support on 06/21/2017
    • Support on 06/26/2017
    • Support on 06/27/2017
    • Support on 06/29/2017
    • Support on 06/30/2017
    • Support on 12/11/2017
    • Support on 12/12/2017
    • Support on 12/13/2017
    • Support on 07/02/2018
    • Support on 07/03/2018
    • Support on 07/12/2018
    • Support on 07/13/2018
    • Support on 07/16/2018
    • Resistance on 10/23/2018
    • Resistance on 10/25/2018
    • Resistance on 10/26/2018
    • Resistance on 12/04/2018
    • Resistance on 12/05/2018
    • Resistance on 12/06/2018
    • Support on 12/11/2018
    • Support on 12/13/2018
  • Ending of entry zone (1231.15)
    • Resistance on 11/14/2016
    • Resistance on 11/15/2016
    • Resistance on 11/16/2016
    • Resistance on 11/17/2016
    • Support on 02/08/2017
    • Support on 02/16/2017
    • Support on 02/20/2017
    • Support on 02/21/2017
    • Support on 02/22/2017
    • Support on 03/02/2017
    • Support on 03/03/2017
    • Resistance on 03/16/2017
    • Resistance on 03/17/2017
    • Support on 03/21/2017
    • Resistance on 05/12/2017
    • Resistance on 05/15/2017
    • Resistance on 07/14/2017
    • Resistance on 07/23/2018
    • Resistance on 10/15/2018
    • Resistance on 10/16/2018
    • Resistance on 10/18/2018
    • Resistance on 10/19/2018
    • Resistance on 10/23/2018
    • Resistance on 10/30/2018
    • Resistance on 11/06/2018
    • Resistance on 11/07/2018
    • Resistance on 11/21/2018
    • Resistance on 12/03/2018

DateSat, 03/09/2019 - 13:13
Currentrange bound
Forecastbeginning of uptrend
Last weekBearish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 1316.45 would begin in Midterm.

Technical analysis:

  • The RSI uptrend #1 is broken, so the probability of beginning of uptrend is decreased.
  • A trough is formed in daily chart at 1280.74 on 03/07/2019, so more gains to resistance(s) 1302.25 and maximum to Major Resistance (1316.45) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 46.

Take Profits:

  1. 1250.95
  2. 1262.50
  3. 1275.65
  4. 1287.00
  5. 1302.25
  6. 1324.15
  7. 1341.55
  8. 1366.05
Click on the level to view price action history.

Symbol Released Current Forecast
Gold (XAUUSD) new Sat, 18 May 2019
Gold (XAUUSD) Wed, 15 May 2019
Gold (XAUUSD) Sat, 11 May 2019
Gold (XAUUSD) Sat, 4 May 2019
Gold (XAUUSD) Sat, 27 Apr 2019