GOLD DAILY SHORT ANALYSES.
Intraday: the downside prevails.

XAU/USD may fall 21.5530.55 USD

Our preference

Short positions below 2315.00 with targets at 2277.00 & 2268.00 in extension.

2357.00 Resistance...
2340.00 Resistance
2315.00 Resistance.

2298.55 Last

2315.00 Pivot

2277.00 Support.
2268.00 Support..
2246.00 Support

Comment

The RSI is mixed with a bearish bias.

Alternative scenario

Above 2315.00 look for further upside with 2340.00 & 2357.00 as targets.

GOLD DAILY SHORT ANALYSIS..
Intraday: turning down.

XAU/USD may fall 12.00-23.00 USD

Our preference

Short positions below 2313.00 with targets at 2288.00 & 2277.00 in extension.

2339.00 Resistance...
2325.00 Resistance
2313.00 Resistance.

2300.00 Last
2313.00 Pivot

2288.00 Support.
2277.00 Support..
2266.00 Support...

Comment

The RSI is bearish and calls for further decline.

Alternative scenario

Above 2313.00 look for further upside with 2325.00 & 2339.00 as targets.

XAUUSD tested the 2290.00 support and then rebounded to the 2310.00 level with a gradual uptrend. XAUUSD's first resistance line is formed at 2330.00, and if the initial resistance is breached upward, XAUUSD will be able to gain upward momentum toward the 2350.00 level. Conversely, if XAUUSD retests the 2290.00 support, the price may decline further toward the 2260.00 level.

Are you buying or selling?

Weekly Forex Forecast For June 17-21, 2024

DXY, EURUSD, GBPUSD, EURCAD, XAUUSD

Stay Tuned

EURUSD Forecast
EURUSD had a volatile week, gaining over 114 pips just hours before Wednesday’s FOMC.
However, we knew the pair had confirmed a fakeout above its 2021 trend line the week before, and that 1.0860 was resistance.
The EURUSD came within 8 pips of that resistance level on Wednesday before dropping 180 pips at today’s low.
Despite Wednesday’s volatility, the price action this week is playing out as we might expect.
A sustained break below 1.0725 today flips that area to new resistance, but sellers should be aware of the November 2022 trend line at 1.0650 next week.
If EURUSD closes today above 1.0725, it would keep the level intact as support early next week.

Gold Sell Now 2319

SL :2324

TP:2316.
TP:2313.

Destroyed It 🏆
Complete Done Target🎉🎉

Gold Buy Now
TP 2335/2341/
SL 2322

Intraday: intraday support around 2324.00.

XAU/USD may rise 5.00-11.00 USD

Our preference

Long positions above 2324.00 with targets at 2335.00 & 2341.00 in extension.

2351.00 Resistance
2341.00 Resistance
2335.00 Resistance.

2330.00 Last
2324.00 Pivot

2324.00 Support.
2317.00 Support..
2307.00 Support

Comment

The RSI is above its neutrality area at 50%.

Alternative scenario

Below 2324.00 look for further downside with 2317.00 & 2307 00 as targets..

EURUSD BUY now

Tp 1.0760
Tp2 1.800
SL. 1.0720

Intraday: bullish bias above 1.0720.

EUR/USD may rise 24-44 pips

Our preference

Long positions above 1.0720 with targets at 1.0760 & 1.0780 in extension.

1.08000 Resistance
1.07800 Resistance
1.07600 Resistance.

1.07360 Last
1.07200 Pivot

1.07200 Support.
1.07050 Support..
1.06900 Support...

Comment

The RSI lacks downward momentum.

Alternative scenario

Below 1.0720 look for further downside with 1.0705 & 1.0690 as targets.

GOLD BUY NOW 2332 SL 2325
TP 2336
TP 2340/46

Intraday: further advance.

XAU/USD may rise 4.00-14.00 USD

Our preference

Long positions above 2327.00 with targets at 2341.00 & 2351.00 in extension.

2359.00 Resistance
2351.00 Resistance
2341.00 Resistance.

2337.00 Last
2327.00 Pivot

2327.00 Support.
2318.00 Support..
2311.00 Support...

Comment

The RSI is bullish and calls for further upside.

Alternative scenario

Below 2327.00 look for further downside with 2318.00 & 2311.00 as targets.

Perfect Analysis.
Tps Done

GOLD buy 2325 2322

TP 2330
TP 2334

SL 2319

Massive And Perfect

Gold Buy Posttions 2325/ 2322
SL 2318
TP 2328/ 2333

Intraday: intraday support around 2323.00.

XAU/USD may rise 6.03 16.03 USD

Our preference

Long positions above 2323.00 with targets at 2334.00 & 2344.00 in extension.

2355.00 Resistance
2344.00 Resistance
2334.00 Resistance.

2327.97 Last
2323.00 Pivot

2323.00 Support.
2316.00 Support..
2306.00 Support

Comment

The RSI is below its neutrality area at 50% but reversing up.

Alternative scenario

Below 2323.00 look for further downside with 2316.00 & 2306 00 as targets

Perfect Account Managmet Service's

Gold Buy Now 2320/18
SL 2314
TP 2424/2328/2332

Intraday: bullish bias above 2318.00.

XAU/USD may rise 7.00-13.00 USD

Our preference

Long positions above 2318.00 with targets at 2331.00 & 2337.00 in extension.

2345.00 Resistance
2337.00 Resistance..
2331.00 Resistance

2324.00 Last
2318.00 Pivot

2318.00 Support.
2311.00 Support..
2302.00 Support ...

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

30 Pips Done🎉

Smashed It Tp 1.

Perfect It.

Perfect Sell Positions GOLD
2325 SL 2332
TP 2321/2317/2312/

Intraday: watch 2311.00.

XAU/USD may fall 7.00-15.00 USD

Our preference

Short positions below 2333.00 with targets at 2319.00 & 2311.00 in extension.

2344.00 Resistance
2339.00 Resistance
2333.00 Resistance.

2326.00 Last
2333.00 Pivot

2319.00 Support.
2311.00 Support..
2303.00 Support...

Comment

As long as the resistance at 2333.00 is not surpassed, the risk of the break below 2319.00 remains high.

Alternative scenario

Above 2333.00 look for further upside with 2339.00 & 2344.00 as targets.