Tag - gold

XAU/USD: a slight recovery
XAU/USD: a slight recovery

While risk-sensitive currencies like AUD and NZD try to figure out whether to close gaps or not, the USD is strengthening versus gold.

XAU/USD: the gold can rise
XAU/USD: the gold can rise

On a daily chart of XAU/USD, the upper border of the downward channel remains the resistance for the pair.

Check the XAU/USD chart
Check the XAU/USD chart

Gold formed a candlestick with a longer upper shadow on D1. Daily Stochastic and MACD are going down.

The key levels for gold in the upcoming days
The key levels for gold in the upcoming days

Last week was very promising for the gold bulls as the price managed to recover after the significant fall towards $1,200. What are the reasons behind this rise and where the gold is heading during this week?

XAU/USD: gold is stregthening
XAU/USD: gold is stregthening

Recommendation: BUY 1225 SL 1210 TP1 1248 TP2 1255 TP3 1263 On the daily chart of XAU/USD,  bears couldn't keep the pair within the 1185-1215 consolidation…

XAU/USD: buy gold
XAU/USD: buy gold

On the daily chart of XAU/USD, bears managed to pull the pair to targets of 1-2-3 and "Bat" patterns and return gold within the previous consolidation range of 1185-1215.

Trading plan for November 8
Trading plan for November 8

How to trade the US dollar index ahead of the FOMC statement and how it will it affect the other currency pairs? Watch the trading plan for today!

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