XAU/USD has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 23 hours and suggests a target line to be around […]
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 4.35% move on XAU/USD. The movement has happened over the last 7 days. For those trend followers among you, you may think about riding this trend. Did you know that our social media feeds are […]
XAU/USD has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 6 days and suggests a target line to be around […]
The movement of XAU/USD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 18 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
XAU/USD is approaching the support line of a Support. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at short […]
XAU/USD has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 5 days. This breakout indicates a potential move to 1482.7999 within the next 11 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of […]
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.85% move on XAU/USD. The movement has happened over the last 3 days. For those trend followers among you, you may think about riding this trend. Did you know that our social media feeds are […]
The breakout of XAU/USD through the 1509.9301 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of XAU/USD to test 1541.7660 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation […]
XAU/USD has broken through the support line of a Rectangle. It has touched this line at least twice in the last 23 hours. This breakout indicates a potential move to 1476.4434 within the next 8 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the […]
XAU/USD is heading towards the support line of a Channel Down and could reach this point within the next 19 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
