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- Gold forecast for today: XAUUSD analysis
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Gold forecast for today: XAUUSD analysis
Jul 30 at 09:39
Member Since Sep 09, 2024
104 posts
The price is testing the key support of the short-term uptrend at 3326-3315. So far, buyers are holding this zone, but there is no pattern for buying. Therefore, it would be wiser to observe the market today and wait for a buy signal. When the signal appears, you can open a long position with the first target at 3377 and the second target at around 3439.If, as a result of trading, support (B) is broken downwards, the short-term trend will change to a downward one. In this case, starting tomorrow, it will be possible to consider selling with the main target at the lower target zone of 3214 - 3191.
Trading decisions for XAUUSD today:Buy from support (B) 3326 - 3315. TakeProfit: 3377, 3439. StopLoss: 3293.

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