website utilities

Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

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

Download MT4 template file

Trade Setup
Total Profit: 1134 pip
Closed trade(s): 0 pip Profit
Open trade(s): 1134 pip Profit

Trade Setup:
We opened 7 SELL trade(s) @ 1292.19 based on 'Peak' entry method at 2019.04.11.

Open Profit:
Profit for one trade is 1292.19(open price) - 1290.57(current price) = 162 pip
7 trade(s) still open, therefore total profit for open trade(s) is 162 x 7 = 1134 pip

Trading suggestion:

  • We have already opened Sell trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateSat, 04/13/2019 - 21:56
Currentrange bound
Forecastbeginning of downtrend
Last weekBearish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1284.35 would begin in Midterm.

Technical analysis:

  • The RSI bounced from the downtrend #1 and it prevented price from more gains.
  • A peak is formed in daily chart at 1310.50 on 04/10/2019, so more losses minimum to Major Support (1284.35) 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 44.

Take Profits:

  1. 1284.35
  2. 1274.95
  3. 1262.50
  4. 1250.95
  5. 1232.85
  6. 1183.15
Click on the level to view price action history.

Symbol Released Current Forecast
Gold (XAUUSD) new Sat, 18 Jan 2020
Gold (XAUUSD) free Sat, 11 Jan 2020
Gold (XAUUSD) free Sat, 4 Jan 2020
Gold (XAUUSD) free Sat, 28 Dec 2019
Gold (XAUUSD) free Sun, 22 Dec 2019