GOLD/XAUUSD ANALYSIS JULY 2021

PREVIOUS ANALYSIS

https://rajtechanalysis.blogspot.com/2021/06/goldxauusd-analysis-june-2021.html

Long term analysis included in the above post.

02-JUL-2021

Update 2:

Update 1:

More downside left?

GOLD/XAUUSD ANALYSIS JUNE 2021

28-Jun-2021

Short Term View:

Mid Term View:

21-Jun-2021

17-JUN-2021

15-JUN-2021

10-JUN-2021

07-JUN-2021

01-JUN-2021

GOLD/XAUUSD ANALYSIS MAY 2021

PREVIOUS ANALYSIS

https://rajtechanalysis.blogspot.com/2021/04/goldxauusd-analysis-april-2021.html

30-MAY-2021

19-MAY-2021: 1871.5/1863

18-MAY-2021

17-MAY-2021

16-MAY-2021

14-MAY-2021

12-MAY-2021

11-MAY-2021

10-MAY-2021 BULL or BEAR?

07-MAY-2021

05-MAY-2021

01-MAY-2021

GOLD vs. SILVER XAU/XAG ANALYSIS APRIL 2021

GOLD vs. SILVER 03-APR-2021 BULL or BEAR?

GOLD/XAUUSD ANALYSIS FEBRUARY 2021

ANALYSIS 27-FEB-2021 - BULL or BEAR?

Is the correction completed? Min target done at 1732-1720.

Extensions can be 1680, 1632, 1592, 1575.

As of now strong support 1716.

As long as 1716 holds support we can see retest of 1758, 1786.

ANALYSIS 26-FE-2021

Going as per the analysis. From 1861 to 1767 till now (Based on 1st Feb analysis.).

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ANALYSIS 01-Feb-2021

CMP: 1861; RES: 1965; SUP: 1804.

As long as 1965 resists, we will see 1739, 1677, 1599, 1559.

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ANALYSIS 25-FEB-2021

BULL OR BEAR?

ANALYSIS 23-FEB-2021

Gold has done normal target between 1808-1815. Extension can be 1819/1825.

As long as 1856 resists, we can see fall again to new low and as per me downside targets 1739-1721-1707-1687.

Let us wait and watch how Gold is going to take its path.

ANALYSIS 22-FEB-2021

ALTERNATE VIEW:

PRIMARY VIEW:

If gold holds support of 1777/1760, we can see 1793, 1800, [1807-1814], 1826-1831.

NOTE: Based on Daily chart, as long as 1877/1960 resists, we will see 1739-1675.

ANALYSIS 20-FEB-2021

Nothing new to add.

Based on Daily chart, as long as 1877/1960 resists, we will see 1739-1675

ANALYSIS 18-FEB-2021

UPDATE 2:

UPDATE 1:

ANALYSIS 17-FEB-2021

Present View:

ANALYSIS 16-FEB-2021

1827/1818

Above 1838

Below 1807

ANALYSIS 11-FEB-2021

As long as gold resisted by 1847/1855, we can see 1830, 1825, 1818, 1810, 1787, 1760, 1730.

ANALYSIS 10-FEB-2021

ANALYSIS 05-FEB-2021

Gold present view: BULL or BEAR?

ANALYSIS 02-FEB-2021

CMP: 1855; RES: 1855/1959; SUP: 1831/1804

No Change in my views. Still GOLD is trading in a range between 1877-1804

1. If 1831 holds support, and a break of 1877, we can see 1881, 1901, 1918.

If 1959 resists, again we will see 1804 and fall towards 1739 first.

Further targets: 1739, 1720

2. If 1877 holds resistance and break of 1804, we will see 1739,-1720, 1684, 1625, 1603.

Reversal 1st target 2075.

ANALYSIS 01-Feb-2021

CMP: 1861; RES: 1965; SUP: 1804.

As long as 1965 resists, we will see 1739, 1677, 1599, 1559.

Based on 1H chart, if 1831 supports, we can see 1900+ before big fall.

GOLD/XAUUSD ANALYSIS January 2021

BIGGER PICTURE

ANALYSIS 29-JAN-2021

UPDATE 3: RANGE BREAK NEEDED 1864.5/1834.5

UPDATE 2:

Based on 5/15m chart, Below 1842, we can see 1830, 1822/15 n more...

UPDATE 1:

CMP: 1842; RES: 1878/1965; SUP: 1804

Based on Daily chart,

As long as the above resistances hold, we can see 1739/1677 and extension 1600/1559.

ANALYSIS 27-JAN-2021

BULL or BEAR?

ANALYSIS 26-Jan-2021 BULL or BEAR?

CMP: 1861; SUP: 1804; RES: 1960
The range is big now.
Above 1875, we will see 1881-1885, 1897-1900, 1913...
Break of 1804, we will see 1765, 1721, 1685.

ANALYSIS 25-Jan-2021

CMP: 1862.x; SUP: 1849/37/1804; RES: 1875
If Gold supported by the above levels, we can see 1872-77, 1881, 1885-89, 1899, 1907, 1913, 1924.

Gold need a break of 1875 for next bull move. 

BIGGER PICTURE GOLD 23-Jan-2021 BULL or BEAR?

CMP: 1855; RES: 2076; SUP:1375
There are 3 alternatives as of now. Let us wait and watch how GOLD is going to take it's path.

ANALYSIS 20-Jan-2021

ANALYSIS 19-Jan-2021 - BULL or BEAR?

CMP: 1837.x; RES: 1844; SUP: 1829/1804

After making high 1840.x, Gold is making complex moves.

Primary scenario: Bear; Res: 1844

If 1844 resists, we can see 1833/1830.

Alternative Scenario: Bull; Sup: 1829/1804

Above 1844, we will see 1851, 1865, 1874, 1881, 1891

 

ANALYSIS 18-Jan-2021

 Update 2:

PRIMARY SCENARIO for NOW:
As long as 1839/1841 holds resistance, we can see 1878-1826, 1820-1815.

ALTERNATE SCENARIO:
Direct break of 1841, we can see 1862-1866, 1874-81, 1900.

Note: min target on the upside done at 1840. Further targets 1863, 1881, 1900 as per my morning analysis.

Update 1:

If Gold supported by 1803, we can see corrective move to the upside towards 1840, 1863, 1881, 1900 .

Update 3: Best buy level updated. Analysis based on 1Min chart

 

Update 2: Target zones updated.

Update 1:

WEEKEND Analysis 16-Jan-2021 - BULL or BEAR?

Primary: Bearish Scenario

CMP: 1828; RES:1865/1959/2076; SUP: 1763

As long as 1959 holds resistance, we will see more down side.

Small resistance is at 1865.

Downside target zones:

1785-1733

Target Zone 1: 1741-1680

1684-1598

Target Zone 2: 1657-1575

extension 1530.

Small targets:  1783-1767, 1741-1733, 1705, 1684-1680, 1657-1649, 1599-1575, 1530.

Alternate Scenario: Bullish

ANALYSIS 09-Jan-2021

Are we going down more?

ANALYSIS 04-Jan-2021

CMP: 1932; Small res: 1937; Sup: 1855
Gold has broken multi month resistance trendline (form July 2020)

As long as 1885/1855 holds support, I expect more upside towards 1956 min target.
Upside targets by levels: 1929, 1942, 1956-1963, 1976, 1984, 1996-2014.