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FUND Buy 25.09.2020 08:24

XAU/USD: weak upward correction

Gold prices are trading near zero during today's Asian session, developing a weak upward correction, the momentum for which was formed the day before, after the instrument renewed local lows since July 22.

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TECH Buy 21.09.2020 07:41

XAU/USD: wave analysis

The pair may grow.

On the daily chart, the third wave of the higher level (3) develops, within which the wave 5 of (3) forms. Now, the wave iii of 5 of the lower level has formed, a local correction has developed as the wave iv of 5, shaped as a triangle, and the wave v of 5 is forming. If the assumption is correct, the pair will grow to the levels of 2077.22–2130.03. In this scenario, critical stop loss level is 1906.07.

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FUND Buy 16.09.2020 09:37

XAU/USD: the price may grow

Gold continues to correct aginst the previous gain, trading at 1961.0.

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