What is XAU in Forex – XAU Meaning

What is XAU in Forex – XAU Meaning

XAUUSD Chart by TradingView What is XAU in Forex XAU in Forex stand for Gold. XAUUSD is Forex currency pair which consist of XAU (Gold) and U.S. dollar (USD). While reading or trading on Forex you have encounter someone saying XAU, which means Gold. Why is gold called...
Intraday Analysis, June 10, 2020

Intraday Analysis, June 10, 2020

EURUSD Outlook Yesterday’s analysis EURUSD has made false breakout down after several indecision candles on H4 time frame. I have talked about possibility that price could make a test on the support at $1.12366 and make a bullish price action signal. If we take...
XAU/USD Intraday Technical Analysis

XAU/USD Intraday Technical Analysis

Yesterday’s chart on XAUUSD Gold have done bearish scenario where the price have broke below $1693.69 and touched near $1670.00. Now is located inside downtrend channel that was broken on May 29th. Strong bullish Pinbar on the strong support line shows a lot of bulls...

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