What do the monthly charts say?
Sometimes it’s worth analyzing big timeframes in order to get important trading hints…
Tag - gold
Unpredictable Predictions 2019 by FBS
Everyone wants to know what to expect in the New Year…
Gold is in demand
As long as XAU/USD is trading above 1235, it has a strong chance of strengthening to 1300 and 1320 in the medium term.
Investing in 2019: which assets will outperform?
What will be the prevailing mood in 2019 and which assets will gain the most on the basis of it?
XAU/USD: the gold is strong
On the daily chart of XAU/USD, the rebound from the support at 1,239 helped to open long positions.
Gold price can rise to $1,300
Like many other financial assets, gold is very sensitive to US interest rates…
Gold faces some pressure
Gold is correcting down after its previous advance. The metal is now trading below October high at 1243.35.
XAU/USD: the gold is going up
On the daily chart of XAU/USD, the correction to the downward middle-term trend continues.
Gold trading strategies
The gold trading is not a very easy topic. However, there are some well-known strategies which can be used to succeed in gold trading.
Gold is about to choose direction
The price reached the target of the buy trade we recommended on Monday, and now it’s time to reevaluate the situation.
Trading plan for December 4
Watch and find out how to trade EUR/USD, GBP/USD and the Gold today!
XAU/USD: the gold strengthens
On the daily chart of XAU/USD, the successful break of the resistance at 1,229 signal the further rise of the gold.
