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Złoto do dolara amerykańskiego D1 Live Forex Chart
XAUUSD,D1 Wykres z
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forex_trader_3355764
Aug 17, 2023 at 07:58
The XAUUSD, or gold price, has been on a downward trend. This happened after the upward trendline was broken. The decline in gold prices slowed when it reached a significant support level at $1894.6, which is just below the 50% mark of the Fibonacci retracement tool. Please note, the RSI indicator is hovering near the oversold area.
For those who are bullish on gold, it’s crucial to prevent the price from closing below this level on the daily chart. They need to push the price above the 50% Fibonacci level to halt the steep decline. If they succeed, there’s a possibility for the price to fluctuate between $1894 and $1945.
However, if the price closes below this key level, the next target could be the 0.618 level of the Fibonacci retracement around $1865.
For those who are bullish on gold, it’s crucial to prevent the price from closing below this level on the daily chart. They need to push the price above the 50% Fibonacci level to halt the steep decline. If they succeed, there’s a possibility for the price to fluctuate between $1894 and $1945.
However, if the price closes below this key level, the next target could be the 0.618 level of the Fibonacci retracement around $1865.
forex_trader_3355764
Aug 08, 2023 at 04:44
XAUUSD Bulls Must Hold Above Trend Line and $1,916
The XAUUSD pair is currently trading above an ascending trend line, hovering around $1941. Gold faces minor resistance at $1,951, which serves as a pivot point for the market to potentially shift from a bearish to a bullish bias. If gold can hold above the trend line, it has a bullish outlook with the potential to target and test resistance at $1980. However, it's important to note that the bulls must keep XAUUSD above both the trend line and support at $1,916.
On the flip side, if bears manage to close below support at $1,916, the decline may continue to previous lower highs around $1,900, followed by support 2 at $1,866.
Noteworthy
China's gold imports rise in June. China's gold imports rose in June, as the country's demand for the precious metal remained strong. Imports rose to 89.4 tonnes in June, up from 78.4 tonnes in May. This was the highest level of imports since March 2022. China is the world's largest gold consumer.
The XAUUSD pair is currently trading above an ascending trend line, hovering around $1941. Gold faces minor resistance at $1,951, which serves as a pivot point for the market to potentially shift from a bearish to a bullish bias. If gold can hold above the trend line, it has a bullish outlook with the potential to target and test resistance at $1980. However, it's important to note that the bulls must keep XAUUSD above both the trend line and support at $1,916.
On the flip side, if bears manage to close below support at $1,916, the decline may continue to previous lower highs around $1,900, followed by support 2 at $1,866.
Noteworthy
China's gold imports rise in June. China's gold imports rose in June, as the country's demand for the precious metal remained strong. Imports rose to 89.4 tonnes in June, up from 78.4 tonnes in May. This was the highest level of imports since March 2022. China is the world's largest gold consumer.
forex_trader_3355764
Aug 02, 2023 at 09:53
Gold Price Update: Double Bottom Pattern in Play
Following up on yesterday’s analysis, the XAUUSD pair has tested the support level of $1,940 and is currently challenging the broken trendline on the 4-hour chart, which now acts as resistance. Despite the bears’ efforts, they were unable to close below the low of July 27th, and the price bounced back from that zone. This could potentially lead to the formation of a double bottom pattern.
If the price breaks above $1,952, it would provide an opportunity for the bulls to push the price above the trendline and target the pivot point at $1,961.
On the other hand, S1 remains a key factor in maintaining a bullish bias. If it breaks, the path towards S2 at $1,921 will be cleared. We recommend keeping an eye on minor resistance levels and monitoring market behavior around these support and resistence areas.
Following up on yesterday’s analysis, the XAUUSD pair has tested the support level of $1,940 and is currently challenging the broken trendline on the 4-hour chart, which now acts as resistance. Despite the bears’ efforts, they were unable to close below the low of July 27th, and the price bounced back from that zone. This could potentially lead to the formation of a double bottom pattern.
If the price breaks above $1,952, it would provide an opportunity for the bulls to push the price above the trendline and target the pivot point at $1,961.
On the other hand, S1 remains a key factor in maintaining a bullish bias. If it breaks, the path towards S2 at $1,921 will be cleared. We recommend keeping an eye on minor resistance levels and monitoring market behavior around these support and resistence areas.
forex_trader_3355764
Aug 01, 2023 at 11:33
Best Prices to Enter Gold Market with Minimum Risk
Gold bounced from the July's high of $1,987 and is currently testing the trendline that acts as support for the XAUUSD. The RSI indicator is currently below the 50 line and has room to reach the 30 level. Therefore, the downward momentum of the yellow metal may continue in the current trading session, and the bears may be able to challenge the trendline.
The S1 support offers supply for buyers in the asset, as evidenced by the long wick shadow and the bullish engulfing pattern, which signals that bulls are leading the price. If the bullish scenario is correct, the bulls' first target would be the first resistance around $1,980.
However, traders should note that the best prices to enter the market with the minimum risk are at the support level of $1,940. If this level breaks, the gold price could dump to the next support around $1,921.
The RSI indicator is a momentum oscillator that measures the speed and magnitude of price changes. A reading below 50 indicates that the market is oversold, while a reading above 50 indicates that the market is overbought.
Gold bounced from the July's high of $1,987 and is currently testing the trendline that acts as support for the XAUUSD. The RSI indicator is currently below the 50 line and has room to reach the 30 level. Therefore, the downward momentum of the yellow metal may continue in the current trading session, and the bears may be able to challenge the trendline.
The S1 support offers supply for buyers in the asset, as evidenced by the long wick shadow and the bullish engulfing pattern, which signals that bulls are leading the price. If the bullish scenario is correct, the bulls' first target would be the first resistance around $1,980.
However, traders should note that the best prices to enter the market with the minimum risk are at the support level of $1,940. If this level breaks, the gold price could dump to the next support around $1,921.
The RSI indicator is a momentum oscillator that measures the speed and magnitude of price changes. A reading below 50 indicates that the market is oversold, while a reading above 50 indicates that the market is overbought.
forex_trader_3355764
Jul 27, 2023 at 12:04
Gold hit our buy targets. Trades will be on hold till we see further price actions.
forex_trader_3355764
Jul 26, 2023 at 09:34
Gold, the yellow metal, began the day with an increase and is currently trading at $1,971, clinging to the price line resistance that previously acted as support. The market is likely to move back to the channel since it was unable to break the 38.2 Fibonacci level. As long as the Fibo level holds, the bullish outlook remains valid. The price is likely to target $1,987 again, and the previous breakdown of the rising channel can be considered a false breakdown.
forex_trader_3355764
Jul 24, 2023 at 11:55
Gold: Ready to Break 1972 as Bullish Trend Resumes
After touching the bottom line of the rising channel around $1,957, gold has resumed its bullish trend. The appearance of a long wick candlestick signaled the end of the correction, and the market is now stabilizing above the $1,961 support level. It is likely that the market will continue to rise, targeting $1,972 followed by $1,980. The market trend remains bullish, and the uptrend channel is expected to continue during today’s session.
On the other hand, if the $1,961 support level breaks, the market correction may test the next major support around $1,945. This level has acted as strong and valid support during the recent decline.
In terms of fundamentals, there are no major economic releases scheduled for today. As a result, the market is likely to focus on the ongoing conflict in Ukraine and the potential for further sanctions against Russia. These factors could continue to support gold prices as investors seek safe-haven assets.
After touching the bottom line of the rising channel around $1,957, gold has resumed its bullish trend. The appearance of a long wick candlestick signaled the end of the correction, and the market is now stabilizing above the $1,961 support level. It is likely that the market will continue to rise, targeting $1,972 followed by $1,980. The market trend remains bullish, and the uptrend channel is expected to continue during today’s session.
On the other hand, if the $1,961 support level breaks, the market correction may test the next major support around $1,945. This level has acted as strong and valid support during the recent decline.
In terms of fundamentals, there are no major economic releases scheduled for today. As a result, the market is likely to focus on the ongoing conflict in Ukraine and the potential for further sanctions against Russia. These factors could continue to support gold prices as investors seek safe-haven assets.
forex_trader_3355764
Jul 21, 2023 at 10:45
Gold is currently trading around the support level of $1,963 within an ascending channel. This could be a correction phase of the uptrend that began on June 29, 2023. If the market remains within the channel, it is likely that the upward movement will continue, targeting the previous high of $1,087.
On the other hand, if the bears succeed in pushing the price outside of the rising channel, the correction may continue to a lower support level starting at $1,945. At this time, we suggest monitoring the price action and waiting for a bullish candlestick to emerge before executing a buy order or exiting a sell order.
In terms of fundamental analysis, the gold market is currently supported by concerns about inflation and economic growth. Additionally, the US dollar is trading weaker, making gold more attractive to investors. However, there are also some headwinds facing the gold market from rising interest rates. The US Federal Reserve is expected to raise interest rates several times this year, which could put downward pressure on gold prices.
On the other hand, if the bears succeed in pushing the price outside of the rising channel, the correction may continue to a lower support level starting at $1,945. At this time, we suggest monitoring the price action and waiting for a bullish candlestick to emerge before executing a buy order or exiting a sell order.
In terms of fundamental analysis, the gold market is currently supported by concerns about inflation and economic growth. Additionally, the US dollar is trading weaker, making gold more attractive to investors. However, there are also some headwinds facing the gold market from rising interest rates. The US Federal Reserve is expected to raise interest rates several times this year, which could put downward pressure on gold prices.
