How To Make Money Today: Daily Gold (XAUUSD) Market Analysis and Forex Trading Signals 21 January 2022
To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first, and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…
Looking for perfect daily analysis and/or a managed investment account with the world's biggest brokers and make stable 30% - 50% Return on Investment weekly?
Text us now on WhatsApp for more information! We are online waiting for you!
XAU/USD (GOLD):
On the weekly, prices are consolidating in a triangle and have the potential to dip from our 1st resistance at 1848.842 in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement towards our 1st support at 1784.333 in line with 61.8% Fibonacci retracement. RSI are at levels where dips previously occurred.
On the daily, prices are consolidating in a triangle. We see potential for further bullish continuation from 1st support at 1828.775 in line with 38.2% Fibonacci retracement towards our 1st resistance at 1849.77 in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement. Our bias is further supported by the RSI at a level where bounces previously occurred.
On the H4 chart, prices are consolidating in a parallel channel. We see potential for prices to dip from our 1st support at 1828.354 in line with the area of Fibonacci confluences towards our 1st support at 1828.354 in line with 23.6% Fibonacci retracement. RSI is at a level where dips previously occurred. Alternatively, breaking our 1st resistance will find prices climbing further towards our 2nd resistance at 1864.473 in line with 127.2% Fibonacci extension which is our next level of strong resistance.
Areas of consideration:
4h 1st support at 1828.354
4h 1st resistance at 1811.423
[geoswitch_country]'s wealthiest traders share their secret trading strategy in the Extreme FX Wealth eBook. Register now and download!
0.0 pips spreads | 500:1 leverage
Daily Super Signals (Hit Take Profit targets: TP1 is 100% accurate, TP2 is 100% accurate, TP3 is 85% accurate)
[maxbutton id="18" url="https://tinyurl.com/bigroifx" text="Open Demo Account" ] [maxbutton id="17" url="https://tinyurl.com/bigroifx" text="Open Live Account" ]
This is how you can make €1000 income daily!
FOR DAILY SIGNALS, TECHNICAL VIEWS, MANAGED ACCOUNTS and other services with GUARANTEED PERFORMACE, simply text us on WhatsApp to get more info!
Click here to send a dircet text to us!
WhatsApp number: +447747535495
Daily Super Signals (Hit Take Profit targets: TP1 is 100% accurate, TP2 is 100% accurate, TP3 is 85% accurate)
[maxbutton id="18" ] [maxbutton id="17" ]
and gain access to the Premium Daily Signals, made by certified CFA traders with guaranteed minimum profit of 50 pips per trade (5 - 10 premium signals daily)
MAKE MORE MONEY
ENJOY YOUR LIFE! LEAVE THE TRADING TO US!
Text us for more info about our managed trading accounts!