How To Make Money Today: Daily Gold (XAUUSD) Market Analysis and Forex Trading Signals 21 March 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…
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XAU/USD (GOLD):
On the H4, prices are on bearish momentum. We see the potential for further bearish continuation from our 1st resistance at 1944.65 in line with 38.2% Fibonacci retracement and 127.2% Fibonacci Projection towards our 1st support at 1909.28 which is a graphical swing low. Ichimoku is on bearish momentum, further supporting our bearish bias.
Areas of consideration:
- 4h 1st support at 1909.28
- 4h 1st resistance at 1944.65
![xauusd analysis](https://i0.wp.com/tresorfx.com/wp-content/uploads/2022/03/XAUUSD-GOLD-Dollar-daily-technical-analysis-forex-trading-signals-investing-uk-12.png?resize=1024%2C617&ssl=1)
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