Expected trades for XAU USD, Pound and Euro pairs

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BorseClub: In this article, we will list down the best trading position for this day including XAU USD , Dow Jones, GBP USD, EUR USD, and others.

Gold XAU USD Analysis:

In case of trading below the lowest price at 1558.50 then the pair will continue to decline more. We prefer to wait for a small correction before entering short on this pair.

Support point. 1483 – 1475

Resistance point1558 – 1600

Chart of Gold on 30 min time frame.

Dow Jones, GBP USD, EUR USD.


Dow Jones 

In case of trading below the lowest price at 27360 then the pair will continue to decline more. We prefer to wait for a small correction before entering short on this pair.

Support point. 25850 – 25390

Resistance point 26890 – 27070

Chart of Dow Jones on 30 min time frame.

XAU USD Dow Jones, GBP USD, EUR USD.


EURUSD

In case of trading above the highest price at 1.0926 then the pair will continue the rally. We prefer to wait for a small correction before entering long on this pair.

Support point.1.0850 – 1.0575

Resistance point1.1163 – 1.1252

Chart of EURUSD on 30 min time frame.

XAU USD Dow Jones, GBP USD, EUR USD.
, EUR USD.


GBPUSD

In case of trading above the highest price at 1.1960 then the pair will continue the rally. We prefer to wait for a small correction before entering long on this pair.

Support point. 1.1900 – 1.1750

Resistance point1.2309 – 1.2175

Chart of GBPUSD on 30 min time frame.

GBP USD


USDJPY

In case of trading below the lowest price at 109.35 then the pair will continue to decline more. We prefer to wait for a small correction before entering short on this pair.

Support point.104.43 – 105.05

Resistance point108.50 – 109.35

Chart of USDJPY on 30 min time frame.


AUDUSD

In case of trading above the highest price at 0.6675 then the pair will continue the rally. We prefer to wait for a small correction before entering long on this pair.

Support point. 0.6736 – 0.6765

Resistance point 0.6796 – 0.6867

Chart of AUDUSD on 30 min time frame.

XAU USD


Oil / WTI

In case of trading below the lowest price at  58.80 then the pair will continue to decline more. We prefer to wait for a small correction before entering short on this pair.

Support point.55.50 – 54.10

Resistance point 60.83 – 58.74

Chart of WTI on 30 min time frame.

XAU USD


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