empty
13.06.2025 02:12 PM
Trading Signals for GOLD for June 13-19, 2025: sell below 3,343 (21 SMA - 8/8 Murray)
Open trading account Open demo account

This image is no longer relevant

Gold is trading at about 3,420 in the American session, having reached and surpassed the high last seen in May around 3,443.

On May 6, there was a gap around 3,424. This gap was filled during the European session, which suggests that the euro could undergo a strong technical correction in the coming days if it consolidates below the 8/8 Murray level and could reach the 21SMA at 3,358.

It would be prudent to sell gold below 3,443, with targets on the 200 EMA around 3,301.

Gold has left a gap at 3,282 and another around 3,181. So, if the price falls below the psychological level of 3,300, we could expect it to fall to cover these price levels.

Dimitrios Zappas,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

EUR/USD Forecast for August 20, 2025

Yesterday, the euro closed the day with a 14-pip decline. The price spent much of the time trying to overcome the balance line on the daily chart, so the support
Laurie Bailey 04:52 2025-08-20 UTC+2

GBP/USD Forecast for August 20, 2025

Yesterday, the British pound consolidated below the balance indicator line on the daily chart. This signals a shift in speculators' interest toward selling. The price will now attempt to break
Laurie Bailey 04:52 2025-08-20 UTC+2

Silver Forecast for August 20, 2025

During today's Pacific session, silver quotes reached the target support at 37.17. Prior to that (yesterday), the price made a strong downward move, breaking through the balance and MACD indicator
Laurie Bailey 04:52 2025-08-20 UTC+2

EUR/JPY Forecast for August 20, 2025

Over the past two days, the EUR/JPY pair has been pressing against the target support at 171.32 (the July 22 low). The Marlin oscillator is actively supporting this move, helping
Laurie Bailey 04:52 2025-08-20 UTC+2

XAU/USD. Analysis and Forecast

Gold is losing its appeal today. The drop in prices last week below the 100-SMA on the 4-day chart, the failure to overcome it this week, as well
Irina Yanina 19:01 2025-08-19 UTC+2

Forecast for EUR/USD on August 19, 2025

On Monday, the EUR/USD pair reversed in favor of the U.S. currency and returned to the support zone of 1.1637–1.1645. A rebound of quotes from this zone will favor
Samir Klishi 11:05 2025-08-19 UTC+2

Forecast for GBP/USD on August 19, 2025

On the hourly chart, the GBP/USD pair on Monday resumed its decline after rebounding from the 100.0% retracement level of 1.3586 last week. Thus, I expect the decline to continue
Samir Klishi 11:00 2025-08-19 UTC+2

GBP/USD. Indicator Analysis on August 19, 2025

On Monday, the pair moved downward, breaking below the 5-day EMA at 1.3509 (thin red line), and closed the daily candle at 1.3500. Today, the price will attempt to continue
Stefan Doll 10:47 2025-08-19 UTC+2

EUR/USD. Indicator Analysis on August 19, 2025

On Monday, the pair moved downward, testing the 8-day EMA at 1.1658 (thin blue line), and closed the daily candle at 1.1659. Today, the price may continue to move lower
Stefan Doll 10:45 2025-08-19 UTC+2

Forex forecast 19/08/2025: EUR/USD, NZD/USD, USD/JPY, Gold, Ethereum and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
Sebastian Seliga 10:07 2025-08-19 UTC+2
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.