XAUUSD WEEKLY MARKET FORECAST 25 APRIL TO 30 APRIL 2022
#XAUUSD #FX #FOREX
25 APRIL TO 30 APRIL XAUUSD GOLD SPOT MARKET FORECAST
Gold prices have support at 1906 and 1890 levels in daily and weekly channels.
The sideways correction of the 4-hour channel continues to form in the 2050 and 1850 price ranges.
For the next week, the daily MA55 price of 1920 will be the key level.
As long as the price stays above 1920, the first targets are 1939 - 1949.
The positive scenario is that it will create a minor upward channel at the level of 1960 - 1972 with the support it will find at the 1930 level.
If the 1972 level is broken again, we can expect prices to retry the 2000 band strongly in a bullish market.
A negative scenario will occur if the 1920 price is broken.
Prices could retest the 1890 level, which previously formed support twice.
As long as the 1890 level is not broken, we can expect that the horizontal correction movement will continue in the 1890 - 1972 price range.
If the 1890 level is broken, we will follow the 1850 support finally.
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In this live stream, we just sharing a technical view of financial products so. Your capital may be at risk. This material is not investment advice.
25 APRIL TO 30 APRIL XAUUSD GOLD SPOT MARKET FORECAST
Gold prices have support at 1906 and 1890 levels in daily and weekly channels.
The sideways correction of the 4-hour channel continues to form in the 2050 and 1850 price ranges.
For the next week, the daily MA55 price of 1920 will be the key level.
As long as the price stays above 1920, the first targets are 1939 - 1949.
The positive scenario is that it will create a minor upward channel at the level of 1960 - 1972 with the support it will find at the 1930 level.
If the 1972 level is broken again, we can expect prices to retry the 2000 band strongly in a bullish market.
A negative scenario will occur if the 1920 price is broken.
Prices could retest the 1890 level, which previously formed support twice.
As long as the 1890 level is not broken, we can expect that the horizontal correction movement will continue in the 1890 - 1972 price range.
If the 1890 level is broken, we will follow the 1850 support finally.
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Subscribe And Follow Forex Signals! Don't Miss New Content and Livestreams.
INDICATORS COMBINATION LIFETIME LICENSE FEE $400 ORDER BY EMAIL ([email protected])
In this live stream, we just sharing a technical view of financial products so. Your capital may be at risk. This material is not investment advice.
