GOLD forecast and XAU/USD analysis on May 26, 2020

Gold quotes are traded at the level of 1730.15. Gold moves above the level of moving media with a period of 55. This indicates the presence of bullish for Gold. At the moment, Gold quotes are moving near the middle bands of the Bollinger Bands indicator.

GOLD forecast and XAU/USD analysis on May 26, 2020

As part of the Gold forecast, a test level of 1719.50 is expected. Where should we expect an attempt to continue the growth of Gold and the further development of an upward trend. The purpose of this movement is the area near the level of 1758.60. The conservative buying area is located near the lower border of the Bollinger Bands indicator strip at 1719.20.

GOLD forecast and XAU/USD analysis on May 26, 2020

Cancellation of the option to continue the growth of Gold will be a breakdown of the lower boundary of the Bollinger Bands indicator stripes. As well as the moving average with a period of 55 and the closure of gold quotes below the area of ​​1705.20. This will indicate a change in the current trend in favor of the bearish for Gold. In case of breakdown of the upper border of the Bollinger Bands indicator bands, growth should be expected.

GOLD forecast and XAU/USD analysis on May 26, 2020 implies a test of the level of 1719.50. Further, growth is expected to continue to the area above the level of 1758.60. The conservative buying area is located is near the area of ​​1719.20. The cancellation of the Gold growth option will be the breakdown of the level of 1705.20. In this case, we should expect continued fall.


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  1. It is something basic and easy to understand.
    Gold cannot manufacture. In the earth there is the same quantity of gold than thousand of years ago.
    In opposite, monet bills can easily be printed.
    In this worldwide crisis, all economies will suffer big pain and the countries will print money to overcome the situation.
    There is not neither one country that will not are currently printing money and will continue doing it.
    Hence, gold cannot be worth the same now as in the future, when the world will be full of drawed papels named money.
    My forecast, based on fundamentals is that the gold will reach historic highs and will surpass them

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