XAU/USD (Gold) Analysis

XAU/USD (Gold) Analysis
- Gold Ounce vs US Dollar -
(Forex Currency Pair Analysis)


XAU/USD (Gold) Chart - TimeFrame: 4h XAU/USD (Gold)

Others Currency Pair Analysis






XAU/USD (Gold) Analysis
XAU -> Gold Ounce
USD -> US Dollar -> Currency of Unted-States of America

The XAU/USD (Gold) Currency pair represents the value of 1 Gold Ounce in US Dollar.
The Technical Analysis of XAU/USD (Gold) Currency Pair is a study of the charts using different indicators and Chart Patterns. The following Forex Analysis is made on a 4 hours TimeFrame of the XAU/USD (Gold) Currency Pair. Each day, at 9h CET, The XAU/USD (Gold) Currency Pair is analyzed by our team.
You can comment this XAU/USD (Gold) Analysis on the Forex-Tribe Forum.

Each Day, a lot of members are sharing analysis on the XAU/USD (Gold) Currency Pair.
Join the Forex Tribe now!


Updated the:
05/18/2012
XAU/USD (Gold) Technical Analysis comments :

Sentiment :
sentiment sur la parité EUR/CHF
1600
sentiment sur la parité EUR/CHF
1577
sentiment sur la parité EUR/CHF
The gold has continued its rebound and is currently testing a pullback on the resistance at 1577 points and also on the lower band of its bearish channel (purple lines).
Indicators are globaly bearish.
We maintain to trade only short positions as far as 1577 points is resistance.
A return below 1550 points will comfort our bearish feeling.
The breakout of 1520 will both a new sell signal and open the way towards 1500 points.
In case of return above 1577 points, we will wait the breakout of 1600 to advise long positions.

Chart of the pair XAU/USD (Gold)- Timeframe 4H - Zoom in :
XAU/USD Technical Analysis
 
Chart of the pair XAU/USD (Gold)- Timeframe 4H - Zoom out:
XAU/USD Technical Analysis




Previous XAU/USD (Gold) Currency Pair Analysis