August 12, 2020
Breaking News
  • Home
  • Forex News
  • XAUUSD Daily Close to Determine Future Direction | Forex Forecast for December 31, 2019

XAUUSD Daily Close to Determine Future Direction | Forex Forecast for December 31, 2019

By on July 25, 2020 0 6 Views
Recommended Links



XAUUSD continues to push higher, but do buyers have what it takes to take on the 2019 high at 1550? Or is the metal in need of a pullback first? Watch today’s Forex forecast video to see where XAUUSD (gold) might be going from here.

RESOURCES & LINKS:
_____________________________________________

Subscribe to Justin’s Channel Today:

Join Justin’s YouTube channel to get access to 5-10 Forex videos every week:

XAUUSD Daily Close to Determine Future Direction

Need help with your trading? Join DPA today!

Get Justin’s New York Close Forex Charts:

_____________________________________________

XAUUSD (gold) continues to push higher following the December 23rd breakout above the 1480 confluence of resistance.

I wrote about that breakout on December 19th and several times before then.

The rally earlier this year combined with this latest consolidation that carved a falling wedge looked constructive.

Continue reading on the blog…

Subscribe: to learn more Forex tips and strategies.
Get free Forex setups:
Read more on my blog:

#XAUUSD #Forex #ForexForecast

Disclaimer: Any Advice or information on this website is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Daily Price Action, its employees, directors or fellow members. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd’s, options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

Leave a comment

Your email address will not be published. Required fields are marked *