XAUUSD - FAKE RUPTURE OR WILL BULLS WIN THE FIGHT? SEE MY IDEAS

2023年11月18日

The technical analysis for XAU/USD (Gold/US Dollar) is showing a neutral to slightly bearish sentiment at the moment. The summary from a technical analysis is neutral, with moving averages giving equal buy and sell signals (6 each). However, the technical indicators are leaning more towards sell (4) than buy (2), suggesting that there might be a slight bearish trend in the immediate term​​.

For the upcoming week, there isn't a clear trend indicated from the information available. It's important to consider that gold prices can be influenced by many factors including economic data releases, geopolitical tensions, and market sentiment. Investors and traders often look at gold as a safe-haven asset in times of market uncertainty, which can lead to price increases, whereas stronger economic indicators can lead to strengthening of the USD and a decrease in gold prices. It would be advisable to keep an eye on upcoming economic events and market news for a more accurate forecast.

MY TWO IDEAS HERE THOUGHT THIS LINKS:

https://drive.google.com/file/d/1FcV9s9FMu9Ukl-7NtYSWw7arOBe4OjJ-/view?usp=drive_link

https://drive.google.com/file/d/1DrFRJptHGwJo4I64AO8FtAohts3QIER6/view?usp=drive_link