EnglishMyanmar (Burmese)

Gold price forecast for today: XAUUSD analysis 18.04.2022

The gold price continues to strengthen. Today April 13th high was updated. The next target for purchases is the Gold Zone 2001 – 1998. It is profitable to consider new gold purchases on correction in the Additional Zone 1970 – 1968 and Intermediary Zone 1952 – 1948. The latter serves as the border of a short-term uptrend.

According to the methodology, there are no grounds for gold sales at the moment.

XAUUSD trading ideas for today:

  1. Buy according to the pattern in Additional Zone 1970 – 1968.
    TakeProfit: 1988.
    StopLoss: according to the pattern rules.
  2. Buy according to the pattern in Intermediary Zone 1952 – 1948.
    TakeProfit: 1988.
    StopLoss: according to the pattern rules.



Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.