takeprofx's Posts - Page 6

Gold Forecast for today: XAUUSD analysis in Experienced Traders Jun 23 at 08:50

Gold price is declining within the framework of correction to the short-term uptrend. The probable downside target is the support (B) 3338 - 3327. After reaching this zone it will be possible to consider new purchases with the first target at 3389 and the second target at 3451.If support (B) is broken downward during the trades, the short-term trend will change to a downtrend. In this case it will be possible to consider selling with the target at the lower target zone of 3226 - 3203.Trading decisions on XAUUSD for today:Buy near support (B) 3338 - 3327. TakeProfit: 3389, 3451. StopLoss: 3306.

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Gold Forecast for Today: XAUUSD Analysis in Experienced Traders May 25 at 04:35

Gold is trading in a short-term uptrend. Yesterday, the upper Target Zone 3368 - 3345 was reached as part of the growth. After that the correction started. The price may decline to the support (A) 3270 - 3262. After the test of this support it will be profitable to consider buying again.If yesterday's maximum is updated during the trading, the price may consolidate above the upper Target zone. In this case the growth may continue to the Golden Zone 3428 - 3420.Trading decisions on XAUUSD for today:Buy near support (A) 3270 - 3262. TakeProfit: 3304, 3345. StopLoss: 3248.

Gold forecast for today: XAUUSD analysis in Experienced Traders May 22 at 10:32

The short-term uptrend in gold continued today. As a result, the upper Target Zone 3368 - 3345 was reached. At the moment, the price is declining due to the closure of large purchases. If the decline turns into a downward correction, we can expect quotes near the support (A) 3270 - 3262. After testing this support, it will be profitable to consider new purchases with the main target at today's high.The trend boundary is shifting to the area of 3232 - 3221.Trading decisions on XAUUSD for today:Buy near support (A) 3270 - 3262. TakeProfit: 3304, 3345. StopLoss: 3248.

Gold forecast for today: XAUUSD analysis in Experienced Traders May 21 at 08:43

The short-term trend in gold changed to an uptrend yesterday. The key trend resistance 3244 - 3233 was broken. Now the growth target is the upper target zone 3368 - 3345.It is favorable to consider new purchases on the correction from support (A) 3245 - 3238 and support (B) 3208 - 3196. The main target for these purchases will be the maximum of today. Trading decisions on XAUUSD for today:Buy from support (A) 3245 - 3238.TakeProfit: 3279, 3320.StopLoss: 3224.

Gold Forecast for Today: XAUUSD Analysis in Experienced Traders May 20 at 10:30

Gold is trading in a short-term downtrend. Yesterday it was possible to open sales from the resistance (B) 3244 - 3233, today it is favorable to hold these positions. The first downside target is 3182, the second target is the Golden Zone 3135 - 3127.Alternative scenario: if the price breaks the resistance (B) and consolidates above, the short-term trend will change to an uptrend. The upper Target Zone 3368 - 3345 will become a buying target.Trading decisions on XAUUSD for today:Hold selling near resistance (B) 3244 - 3233. TakeProfit: 3182, 3120. StopLoss: 3267.

Gold forecast for today: XAUUSD analysis in Experienced Traders May 19 at 10:07

Last week market participants tested the border of the short-term downtrend 3244 - 3233. This zone was held by sellers. After testing this resistance, the price declined, but today it is testing resistance (B) 3244 - 3233 again. Therefore, today we can consider selling from this zone with the target at 3182. If 3182 is broken down, the decline may continue to the low of May 15, 3120.If resistance (B) is broken upwards during trading, the short-term trend will change to an uptrend. In this case, it will be possible to consider buying gold with a target at the upper target zone of 3368 - 3345.Tr...

Gold forecast for today: XAUUSD analysis in Experienced Traders May 16 at 12:36

Yesterday, the price of gold corrected to the border of the short-term downtrend 3244 - 3233. This zone was held by sellers, now quotes are falling. If the decline continues, the price may reach the first selling target near the level of 3182. If this level is broken down, the next selling target will be yesterday's low.If resistance (B) 3244 - 3233 is broken upwards during the trading, the short-term trend will change to an uptrend. In this case, it will be possible to consider buying with the target in the area of the upper Target Zone 3368 - 3345. XAUUSD trading decisions for today:Sell...

Gold forecast for today: XAUUSD analysis in Experienced Traders May 15 at 10:03

The short-term downtrend in gold continued today. As a result, the Target Zone 3210 - 3187 was broken and the Gold Zone 3135 - 3127 was also reached. If the price consolidates below, the next selling target will be the Target Zone 2, 3060 - 3045.New sales are favorable on the correction from resistance (A) 3203 - 3195 and resistance (B) 3244 - 3233, the trend boundary.XAUUSD trading decisions for today:Sell near resistance (A) 3203 - 3195. TakeProfit: 3161, 3120. StopLoss: 3218.

Gold Forecast for Today: XAUUSD Analysis in Experienced Traders May 14 at 09:48

Gold continues to trade in a short-term downtrend. If the low of May 12 is updated today, the market participants will try to break through the Target Zone 3210 - 3187. If this happens, the next selling target will be the Gold Zone 3135 - 3127.If the correction develops, we can expect quotes in the area of resistance (A) 3290 - 3282 or resistance (B) 3331 - 3320. From these resistances it is favorable to consider new sales with the main target at the low of May 12.XAUUSD trading decisions for today:Sell near resistance (A) 3290 - 3282.TakeProfit: 3249 - 3207.StopLoss: 3305.

Gold forecast for today: XAUUSD analysis in Experienced Traders May 13 at 09:49

Yesterday, within the short-term downtrend in gold, the lower Target Zone 3210 - 3187 was reached. After that, the quotes went into an upward correction. If the correction continues today, we can expect a test of resistance (A) 3290 - 3282. After the test of this resistance it will be profitable to look for new sales with the first target at 3249 and the second target near the minimum of yesterday.The boundary of the new trend is shifting to 3331 - 3320.XAUUSD trading decisions for today:Sell from resistance (A) 3290 - 3282. TakeProfit: 3249, 3207. StopLoss: 3305.

Gold forecast for today: XAUUSD analysis in Experienced Traders May 12 at 08:15

The short-term trend for gold has changed to a downtrend. The key support 3322 - 3311 was broken today. Now the selling target is the lower target zone 3210 - 3187.New short positions are favorable on the correction from resistance (A) 3327 - 3320 and resistance (B) 3369 - 3357. The main target for possible sales will be today's low.Trading decisions on XAUUSD for today:Sell near resistance (A) 3327 - 3320. TakeProfit: 3282, 3238. StopLoss: 3343.

Gold forecast for today: XAUUSD analysis in Experienced Traders May 09 at 10:34

Yesterday, the correction to the short-term uptrend in gold continued. As a result, support (B) 3322 - 3311 was tested. It was not possible to break through the zone. This morning market participants once again tried to break the zone down. If the American trading session closes below support (B), the short-term trend will change to a downtrend. In this case, from the next trading day we will consider selling precious metal with the target at the lower target zone 3210 - 3187.If in the course of trading the price will return to the support (B) and consolidate above, we can consider buying with...

Gold forecast for today: XAUUSD analysis in Experienced Traders May 07 at 08:21

Gold price yesterday reached the upper Target Zone 3449 - 3426 within the short-term uptrend. Large purchases were closed near the Target Zone. After that, the quotes went into a downward correction and tested the support (A) 3360 - 3352. This support was held by buyers, as a result the price started to grow and reached the first buying target near the level of 3393. If the growth continues, we can expect to reach the second target, near yesterday's high.If yesterday's high is not updated and the price breaks the support (A), the correction will continue to the trend boundary 3322 - 3...

Gold Forecast for Today: XAUUSD Analysis in Experienced Traders May 06 at 10:53

The short-term trend in gold has changed to an uptrend today. The resistance (B) 3325 - 3314 has been broken. Now the upside target is the upper target zone 3449 - 3426. Consequently, from today it is favorable to consider buying the instrument after the test of support (A) 3311 - 3304 or support (B) 3274 - 3263. The main target for long positions will be the maximum of today. XAUUSD trading decisions for today:Buy from support (A) 3311 - 3304. TakeProfit: 3345, 3386. StopLoss: 3290.

Gold Forecast for Today: XAUUSD Analysis in Experienced Traders May 05 at 10:46

Gold is trading in a correction to the short-term downtrend. Within the correction, the price is approaching the resistance (A) 3284 - 3276. After reaching this resistance, it will be profitable to consider new sales of the instrument with the first target at 3242 and the second target in the area of 3201.If resistance (A) is broken upwards during the trades, the correction will continue to the trend boundary 3325 - 3314. After the test of the trend boundary it will be possible to consider sales with the main target at the minimum of May 1. XAUUSD trading decisions for today:Sell near resista...

Gold forecast for today: XAUUSD analysis in Experienced Traders May 02 at 09:09

The short-term downtrend in gold continued yesterday. As a result, the target zone 3274 - 3252 was broken. The quotes also approached the next selling target in the area of the gold zone 3199 - 3192. Today an upward correction is developing. The possible target of the correction is resistance (A) 3284 - 3276. After the test of this resistance it will be profitable to consider new sales of the instrument with the main target at the minimum of yesterday. Trading decisions on XAUUSD for today:Sell near resistance (A) 3284 - 3276. Take Profit: 3242, 3201. Stop Loss: 3299.

Gold Forecast for Today: XAUUSD Analysis in Experienced Traders May 01 at 15:38

The short-term downtrend in gold continued today. As a result, the minimum of last week was updated. Also market participants break through the target zone 3274 - 3252. The next selling target is the gold zone 3199 - 3192. New sales should be considered on correction from strong resistance levels. The nearest strong resistance is the 3303 - 3296 area. XAUUSD trading decisions for today:Sell near resistance (A) 3303 - 3296. Take Profit: 3262, 3221. Stop Loss: 3318

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EURUSD	1.15995	GBPUSD	1.32157	AUDUSD	0.65405
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