FxNews—Gold is in an uptrend, trading above the 25- and 50-simple moving averages. As of writing, the XAU/USD pair trades at approximately $2,460, slightly above the 25-period simple moving average,...
XAUUSD Technical Analysis
Discover the latest XAUUSD technical analysis and forecast with our expert insights. Dive into XAUUSD detailed chart reviews, market trends, and predictive forecasts for the Gold to US Dollar exchange. Stay ahead in forex trading with our up-to-date analyses.
FxNews—Gold downtrend from $2,368 has eased after the price dipped below the 61.8% Fibonacci at $2,316 (current price). The robust bearish wave in the gold market has driven the stochastic...
FxNews—The gold price slumped from the 61.8% Fibonacci level at $2,387 on June 7. The bearish trajectory cooled after the market neared May’s lowest rate at approximately $2,284. As of...
Gold has been trading sideways since May 24. The XAU/USD constantly tested the 50% Fibonacci retracement level at $2,363 at the top and the 78.6% Fibonacci at $2,314 at the...
FxNews—Gold’s bullish momentum that began on Friday has resumed today, and as of writing, XAU/USD broke above the 61.8% Fibonacci retracement level, trading at about $2,350. Insights on Gold’s Pullback...