Akfx369

Akfx369

Gold against the Dollar have been sideways since September I st, 2022 , traded between 1700 to 1726 for almost a month for almost half of the month, Stronger CPI data on Tuesday affect the gold market by making the Dollar strong, Bearish momentum has supported by Inverted Cup and handles pattern , Market sentiment on Gold also mostly bearish, it can be understood...

Akfx369

Dollar weakens and Euro strength are giving boost for Gold to move upwards near 1760 , it might retrace the 1720 zone before moving up, it could happen in the coming week,

Akfx369

Fed speech last Friday made USD strengthen and DXY technically looks upwards till 110 zones which let other Major pairs will face effects, that too GBPUSD looks bearish till 1.15 zone, Expect a bounce back from the low there, Cant neglect the fact of NFP reports on Sep 2, Friday

Akfx369

Expected the Weakening CHF could help the pair to higher in the coming session , meanwhile 0.59500 price zone was the previous resistance which has a chance of becoming a Support , Expected price will trend higher in the coming days in the rest of the Week

Akfx369

Gold against Dollar have been in a bearish trend way from Aug 15th, 2022 from the price of 1800 and last week its continues the downward trend and breaks the 1750 zone of concern , 1750 is the zone of PUSHING DOWN, whenever the price breaks 1750 , it never missed to touch the support zone of 1683, this zone tested multiple times This week , price may test the...

Akfx369

GBPUSD analysis, it could be expect to touch the 61.8 zone

Akfx369

Gold against dollar looks to go up after a Inverse H&S pattern , if it completes reaches the necklines , it could be confirmation to go up Analysis only for education purpose

Akfx369

It has got a strong support zone on 1866 , it may spend some time before going up wildly as price action suggest, else if it goes down on before US session, price will go down till 1856 max, and after news release in the US session price expected to go up atleast 1904, all the above analysis by technical analysis , if the price broken at 1853 , it will shows...

Akfx369

XAUUSD 3 hr chart Bulls looks mighty enough to bring up the price 1865 , from there it may fall to an extent because of today News release of 'ADP Non farm'

Akfx369

Price on 1840 or even 1835 could be strong support zone for Gold against Dollar this week, May month has dominated by bears through out and June month begins may bring bulls to the scene to bring the price higher around 1900 this week, technical analysis suggest the same Analysis only for education purpose

Akfx369

Breakout of long term resistance channel is not look very promising , it could be fake break out to look down towards 1840 zone Use this analysis for education purpose, trade wisely

Akfx369

XAUUSD , shows strength at the end of the week to touch at 1850 zone, if it maintains the strength on Monday , could penetrate 1850 to go further up , IF 1850 resist then price may go down to 1820 to gain the momentum back to go higher, Analysis only for education purpose

Akfx369

This week xauusd expects to retest the resistance zone of 1830 and it can be bearish after 1830 to break 1800 below , strong bearish momentum is expected to continue Analysis only for education purpose

Akfx369

Price of XAUUSD have been bearish for last 3 weeks very strongly , now it may go towards upwards in order to trigger the sell orders waiting at 1890 or 1900 zone, price now have a strong support at 1840 zone Analysis only for education purpose

Akfx369

Gold against Dollar looks like reached the April month starting price of 1930 price zone,Last week of April is holding downward momentum , Historical strong resistance zone 1960 could send the price back down below 1900 this week... Analysis only for education pupose

Akfx369

Gold against Dollar pair looking good to buy this week , Last week it breaks the long term resistance of 1929 area and trending above the zone, and its expect to touch 1980 zone this week and again price may return to box Analysis only for education purpose

Akfx369

Bullish run of XAUUSD is expected continue today up to 1945 or more, but still tomorrow is left on the week i expect to finish on 1960 zone Analysis only for education purpose

Akfx369

Gold is looking bullish with a support of bullish Head and shoulder pattern