Weekly outlook of Gold Spot
In June, XAUUSD and MCX Gold crash due to FOMC events. It has recovered almost 60% to 70% loss in the July month.
Gold spot needs to break 1809 levels to retest support of 1793.6 - 1783.6. These support levels will push the gold price higher. Gold isn't sellable until the breakout of 1766 (strong support).
XAUUSD will touch 1858 - 1898 levels soon.
Watch significant releases or events that may affect the movement of gold, silver, crude oil, and natural gas:
Wednesday, Jul 21, 2021
02:00 API Weekly Crude Oil Stock - Medium Impact
20:00 Crude Oil Inventories - High Impact
20:00 Cushing Crude Oil Inventories - Medium Impact
Thursday, Jul 22, 2021
20:00 Natural Gas Storage - Low Impact
Gold spot needs to break 1809 levels to retest support of 1793.6 - 1783.6. These support levels will push the gold price higher. Gold isn't sellable until the breakout of 1766 (strong support).
XAUUSD will touch 1858 - 1898 levels soon.
Watch significant releases or events that may affect the movement of gold, silver, crude oil, and natural gas:
Wednesday, Jul 21, 2021
02:00 API Weekly Crude Oil Stock - Medium Impact
20:00 Crude Oil Inventories - High Impact
20:00 Cushing Crude Oil Inventories - Medium Impact
Thursday, Jul 22, 2021
20:00 Natural Gas Storage - Low Impact
Catatan
Join For Free:
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Join For Free:
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.