XAUUSD

The Gold price soars bullishly what does this

We last wrote about the Gold price last year on the 8th of December. In that post we mentioned the possibilities of a bullish movement from the pair. Price traded at level 1865.64 for sometime before soaring. With the pair currently trading at 1900 we believe that we could see price hit its higher high. […]

XAUUSD

The XAUUSD shows promising price action

The XAUUSD shows promising price action lately. We have seen price rally bullishly after finding support at level 1764.50 .In last week’s post we saw ( https://fxsits.com/gold-price-finds-support-after-tumble/ ) how price acted at this level. Today we talk about the potential the Gold holds in the long term. XAUUSD H4 chart 8 December 2020 Learn how […]

XAUUSD

Gold price finds support after tumble

For a while now we have seen the Gold price tumble from its higher high. the XAUUSD(gold) fell short before finding support at level 1764.50 .Now our analysts ask a question. Is this simply just another retracement from a bullish trend or will price continue bearish? We’ll take a look at what price action says […]

XAUUSD

The Gold price action could continue bullish.

On the 10th of November we sent out an analysis concerning the Gold price action. In that post we highlighted the possible levels we could trade the gold to. Since the time of that post up until now we haven’t seen any strong bullish movement from the gold. XAUUSD daily chart 18 November 2020 Learn […]

XAUUSD

The XAUUSD price dramatically falls short

Yesterday’s trading session left buyers surprised after price plummeted .The XAUUSD price dropped about 11 000 points after it found resistance at level 1962.98 .The daily close signaled a change in direction up until today’s open. Today you may notice price move bullish after finding support at level 1882.11 XAUUSD Daily Chart 10 November 2020 […]

XAUUSD

The Gold price action finds support at important level.

It has been weeks since we last spoke about the XAUUSD. In the last post you may’ve noticed how price failed to break past level 1849.78 .The same applies in today’s post. The Gold price action finds support at level 1849.78 after sellers push market bearish for weeks. XAUUSD H4 Chart 5 November 2020 Learn […]

XAUUSD

XAUUSD price Shows promising bullish price action.

In our previous post we spoke about the XAUUSD price finding support at a certain important level. On the 29th of September we sent out this trading analysis for Gold buyers. https://fxsits.com/the-xauusd-finds-support/ In that post we highlighted level 1864.25 as being a major support level for the pair. XAUUSD daily chart 12 October 2020 Learn […]

XAUUSD

The XAUUSD finds support after sellers push market bearish.

Its been weeks since the XAUUSD last traded at its higher high. For weeks now, Sellers have taken over the market. The market has plummeted approximately 20 000 points from its higher high to where price finds support at level 1864.25 .Yesterday’s daily close helped signal that the XAUUSD finds support at level 1864.25 XAUUSD […]

XAUUSD

Gold price plummets after finding resistance.

Yesterdays, price action shows how gold price plummets bearish after the gold finds resistance at level 1962.98 .The gold price had manage to break level 1908.92 where it had constantly found support.Price dropped approximately 900 pips and currently trades at level 1887.01 .The pair consolidated within level 1962.98 and 1908.92. For weeks the gold price […]

XAUUSD

XAUUSD Hovers key support level. Will the pair continue bullish?

For weeks now we have seen a stagnant price action from the Gold. The XAUUSD hovers around level 1908.92 for weeks now. We haven’t seen any consistent steady upwards or downward movement . Price has been trading sideways and found consolidation in between level 1987.70 and level 1908.92 XAUUSD Daily chart 9 September 2020 Learn […]