Title
by Americanbulls.com LLC
Last Update
2020-10-23
XAUUSD
GOLD / US DOLLAR
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
1,900.7946
Change:
-3.0454
Percent change
-0.16%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1,903.8400, and our valid average selling price stands now at 1,900.7946. The previous BUY signal was issued on 2020-10-05, 18 days ago, when the currency rate was 1,909.6684. Since then XAUUSD has fallen by -0.46%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
2020-10-231,900.7946SELL $21,785
2020-10-051,909.6684BUY $22,260
2020-09-211,937.9248SELL $22,270
2020-09-091,940.5287BUY $22,415
2020-09-031,937.8328SHORT $22,575
2020-08-311,967.3792BUY $24,097
2020-08-241,927.3933SHORT $26,192
2020-08-171,973.3703BUY $28,542
2020-08-102,026.1750SELL $28,552
2020-06-191,732.1821BUY $11,590
2020-06-151,724.8481SELL $11,600
2020-06-091,714.1300BUY $10,985
2020-06-031,723.1618SELL $10,995
2020-05-291,723.7400BUY $11,039
2020-05-261,722.7247SELL $11,049
2020-05-131,704.4893BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$0/day
† Short Swap: +US$0/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020-10-231,900.7946SELL $40,253
2020-10-051,909.6684BUY $40,728
2020-09-211,937.9248SELL $40,738
2020-09-091,940.5287BUY $40,883
2020-09-031,937.8328SHORT $41,043
2020-08-311,967.3792BUY $42,565
2020-08-241,927.3933SHORT $44,660
2020-08-171,973.3703BUY $47,010
2020-08-102,026.1750SELL $47,020
2020-06-191,732.1821BUY $30,058
2020-06-151,724.8481SELL $30,068
2020-06-091,714.1300BUY $29,453
2020-06-031,723.1618SELL $29,463
2020-05-291,723.7400BUY $29,507
2020-05-261,722.7247SELL $29,517
2020-05-131,704.4893BUY $28,458
2020-05-061,682.9449SELL $28,468
2020-04-231,716.7690BUY $30,449
2020-04-171,708.9570SELL $30,459
2020-04-061,620.2482BUY $24,994
2020-03-311,608.1809SELL $25,004
2020-03-231,511.0200BUY $18,584
2020-03-111,634.7000SELL $18,594
2020-03-061,673.8500BUY $20,943
2020-02-281,631.4599SELL $20,953
2020-02-141,579.6813BUY $17,686
2020-02-041,567.6933SELL $17,696
2020-01-151,551.7097BUY $16,676
2020-01-091,551.0850SELL $16,686
2019-11-291,461.5517BUY $10,571
2019-11-041,508.4449SELL $10,581
2019-10-311,499.7480BUY $10,012
2019-10-281,500.3900SHORT $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$0/day
† Short Swap: +US$0/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020-10-231,900.7946SELL $62,329
2020-10-051,909.6684BUY $62,804
2020-09-211,937.9248SELL $62,814
2020-09-091,940.5287BUY $62,959
2020-09-031,937.8328SHORT $63,119
2020-08-311,967.3792BUY $64,641
2020-08-241,927.3933SHORT $66,736
2020-08-171,973.3703BUY $69,086
2020-08-102,026.1750SELL $69,096
2020-06-191,732.1821BUY $52,134
2020-06-151,724.8481SELL $52,144
2020-06-091,714.1300BUY $51,529
2020-06-031,723.1618SELL $51,539
2020-05-291,723.7400BUY $51,583
2020-05-261,722.7247SELL $51,593
2020-05-131,704.4893BUY $50,534
2020-05-061,682.9449SELL $50,544
2020-04-231,716.7690BUY $52,525
2020-04-171,708.9570SELL $52,535
2020-04-061,620.2482BUY $47,070
2020-03-311,608.1809SELL $47,080
2020-03-231,511.0200BUY $40,660
2020-03-111,634.7000SELL $40,670
2020-03-061,673.8500BUY $43,019
2020-02-281,631.4599SELL $43,029
2020-02-141,579.6813BUY $39,762
2020-02-041,567.6933SELL $39,772
2020-01-151,551.7097BUY $38,752
2020-01-091,551.0850SELL $38,762
2019-11-291,461.5517BUY $32,647
2019-11-041,508.4449SELL $32,657
2019-10-311,499.7480BUY $32,088
2019-10-281,500.3900SHORT $32,066
2019-10-171,491.7000BUY $31,504
2019-09-271,500.0250SHORT $30,970
2019-09-121,498.9550BUY $30,919
2019-09-051,530.4550SELL $30,929
2019-09-041,550.4700BUY $32,230
2019-08-291,530.4900SELL $32,240
2019-08-231,510.5950BUY $30,933
2019-08-191,507.1000SELL $30,943
2019-07-291,426.5100BUY $25,304
2019-07-221,424.4600SELL $25,314
2019-07-101,418.9150BUY $24,934
2019-07-011,389.2410SELL $24,944
2019-04-261,280.0500BUY $16,424
2019-04-171,273.6900SHORT $16,944
2019-04-081,295.5620BUY $18,653
2019-03-271,312.2580SELL $18,663
2019-03-081,292.8169BUY $17,170
2019-02-211,330.2655SELL $17,180
2019-02-151,315.7200BUY $16,085
2019-02-011,317.9301SELL $16,095
2019-01-221,284.1000BUY $13,471
2019-01-181,283.4400SELL $13,481
2018-12-201,253.0300BUY $11,065
2018-12-101,244.7250SELL $11,075
2018-11-291,222.9000BUY $9,301
2018-11-271,214.7800SELL $9,311
2018-11-141,207.7794BUY $8,742
2018-11-091,218.4400SELL $8,752
2018-10-241,233.5800BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$0/day
† Short Swap: +US$0/day

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