Previous forecasts
Browse earlier Gold outlooks and analysis.
10Oct 2023
On the EURUSD 4H timeframe, the MACD line being above the signal line suggests bullish momentum. Additionally, a price nearing the upper Bollinger Band can indicate the currency pair is overbought. Together, these could imply a potential upward trend exhaustion or a…
Read forecast: Gold Forecast — 10 October 2023
28Sep 2023
Based on multiple technical indicators, gold appears to be exhibiting bearish momentum in the 4-hour timeframe. The short-term Simple Moving Average (SMA) has crossed below the long-term SMA, which is often interpreted as a sell signal by traders. The Relative Strength Index…
Read forecast: Gold Forecast — 28 September 2023
22Sep 2023
Gold's 4-hour chart paints a bearish picture, underscored by multiple indicators. The recent cross of the short-term SMA below the long-term SMA signals a potential downturn. The Bollinger Bands' widening is indicative of increased volatility, further supported by two recent candles touching…
Read forecast: Gold Forecast — 22 September 2023
5Sep 2023
The Gold market is currently facing a potential resistance indicated by a green Ichimoku cloud ahead. The histogram on the indicator reflects weak bearish momentum with a red hue. Traders might observe these elements as potential signals of impending price movement or…
Read forecast: Gold Forecast — 5 September 2023