Weekly Market Outlook: June 10-14
FBS analysts don't miss a chance to share the most significant events for your trading plans.
Tag - gold
Trading plan for June 10
The weekend brought the deal between the United States and Mexico…
Gold is overbought
Technical analysis of XAU/USD
XAU/USD offers trade opportunities
XAU/USD is currently consolidating within a triangle on H4 offering a perfect opportunity to trade on a breakout to either direction.
Trading plan for June 4
Check the levels for EUR/USD, USD/JPY and gold.
Trading plan for June 3
EUR, gold and oil are on the arena
GOLD: bullish 'Flag' pattern
We should watch the next resistance at 1286.15 - 1295.25 as a potential target...
GOLD: price consolidating along 'Window'
There's a bearish 'Tower' pattern, which hasn't been confirmed yet. Thus, we should watch...
GOLD: 'V-Bottom' pattern
The Moving Averages have acted as resistance, so there's a green light for a local decline. In this case, we should watch...
Trading plan for May 21
- XAU/USD may fall further - AUD/USD is moving to lows of January 2016 - AUD/CAD is under pressure…
GOLD: bearish 'High Wave' pattern
The price is declining. In this case, it's likely that the market is going to test the next support...
XAU/USD: gold may weaken
The technical necessity of a downturn was visible in XAU/USD for a long time.
