Gold  Forecast 24th_28th June 2019

Weekly Gold  Forecast 24th_28th June 2019

Technical Analysis

Those interested in global financial markets often pay close attention to the price of real gold, as well as its daily, weekly, monthly and historical fluctuations. Traders are also closely monitoring gold price forecasts, not only for the potential impact on their portfolios, but also for important information on the health of economies around the world. For example, rising gold prices could signal uncertainty or potential upside, as investors tend to turn to gold as a safe haven asset when other financial instruments are in trouble.
This gold price chart provides you with gold spot price data - or information on the current gold price - to help you make informed trading decisions. Its name, XAU / USD, comes from "X", an abbreviation for "index" (gold traded on indices), "AU", the official designation of gold in the periodic table of elements and "USD", the symbol. for the US dollar (the currency in which gold prices are quoted).

Technical Analysis Gold 24th_28th June 2019

Technical Analysis Gold 24th_28th June 2019
MA200 – H4
Fibo - H4
Trendline - H4

Weekly Forecast and Analysis Gold 24th_28th June 2019

The next week from May 24 to 28, the gold correction is expected to fall from the current price. The price of gold has risen significantly over the past week and we expect next week to drop towards 1.1334.
GOLD continues to evolve within the growth channel and uptrend channel. At the time of publication of the forecast, the price of gold was $ 1384 per Troy Oz. Exchange rates indicate a bullish trend in the short term. For the moment, we should expect a correction attempt and a support level test near the 1334 area.
XAU / USD quotes, a test of the rising trend on the relative strength index (RSI) will be made. The second signal will be rebounded from the lower boundary of the rising channel. This article is only available in the following languages: Expansion of the option of raising the price of GOLD on June 21, 2019 the acceleration of growth of XAU / USD with the breakdown of the resistance and closing above 1395.

Daily Forecast and Analysis Gold 24th_28th June 2019

We expect gold for the next week from 24 to 28 May 2019 correction and decline until the price of 1.1334, gold is currently in a strong resistance zone and all technical indicators confirm the gold drop from the current price and target target 1.1334.

The general trend Gold 24th_28th June 2019

For selling