Title
by Americanbulls.com LLC
Last Update
10/08/2020
XAUUSD
GOLD / US DOLLAR
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
2,026.1750
Change:
-8.4494
Percent change
-0.42%
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 2,034.6244, and our valid average selling price stands now at 2,026.1750. The previous BUY signal was issued on 19/06/2020, 52 days ago, when the currency rate was 1,732.1821. Since then XAUUSD has risen by +16.97%.
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 ⇨ 
10/08/20202,026.1750SELL $39,324
19/06/20201,732.1821BUY $22,362
15/06/20201,724.8481SELL $22,372
09/06/20201,714.1300BUY $21,757
03/06/20201,723.1618SELL $21,767
29/05/20201,723.7400BUY $21,811
26/05/20201,722.7247SELL $21,821
13/05/20201,704.4893BUY $20,762
06/05/20201,682.9449SELL $20,772
23/04/20201,716.7690BUY $22,753
17/04/20201,708.9570SELL $22,763
06/04/20201,620.2482BUY $17,298
31/03/20201,608.1809SELL $17,308
23/03/20201,511.0200BUY $10,888
11/03/20201,634.7000SELL $10,898
06/03/20201,673.8500BUY $13,247
28/02/20201,631.4599SELL $13,257
14/02/20201,579.6813BUY $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 ⇨ 
10/08/20202,026.1750SELL $48,153
19/06/20201,732.1821BUY $31,191
15/06/20201,724.8481SELL $31,201
09/06/20201,714.1300BUY $30,586
03/06/20201,723.1618SELL $30,596
29/05/20201,723.7400BUY $30,640
26/05/20201,722.7247SELL $30,650
13/05/20201,704.4893BUY $29,591
06/05/20201,682.9449SELL $29,601
23/04/20201,716.7690BUY $31,582
17/04/20201,708.9570SELL $31,592
06/04/20201,620.2482BUY $26,127
31/03/20201,608.1809SELL $26,137
23/03/20201,511.0200BUY $19,717
11/03/20201,634.7000SELL $19,727
06/03/20201,673.8500BUY $22,076
28/02/20201,631.4599SELL $22,086
14/02/20201,579.6813BUY $18,819
04/02/20201,567.6933SELL $18,829
15/01/20201,551.7097BUY $17,809
09/01/20201,551.0850SELL $17,819
29/11/20191,461.5517BUY $11,704
04/11/20191,508.4449SELL $11,714
31/10/20191,499.7480BUY $11,145
28/10/20191,500.3900SHORT $11,123
17/10/20191,491.7000BUY $10,561
27/09/20191,500.0250SHORT $10,027
12/09/20191,498.9550BUY $9,976
05/09/20191,530.4550SELL $9,986
04/09/20191,550.4700BUY $11,287
29/08/20191,530.4900SELL $11,297
23/08/20191,510.5950BUY $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 ⇨ 
10/08/20202,026.1750SELL $71,955
19/06/20201,732.1821BUY $54,993
15/06/20201,724.8481SELL $55,003
09/06/20201,714.1300BUY $54,388
03/06/20201,723.1618SELL $54,398
29/05/20201,723.7400BUY $54,442
26/05/20201,722.7247SELL $54,452
13/05/20201,704.4893BUY $53,393
06/05/20201,682.9449SELL $53,403
23/04/20201,716.7690BUY $55,384
17/04/20201,708.9570SELL $55,394
06/04/20201,620.2482BUY $49,929
31/03/20201,608.1809SELL $49,939
23/03/20201,511.0200BUY $43,519
11/03/20201,634.7000SELL $43,529
06/03/20201,673.8500BUY $45,878
28/02/20201,631.4599SELL $45,888
14/02/20201,579.6813BUY $42,621
04/02/20201,567.6933SELL $42,631
15/01/20201,551.7097BUY $41,611
09/01/20201,551.0850SELL $41,621
29/11/20191,461.5517BUY $35,506
04/11/20191,508.4449SELL $35,516
31/10/20191,499.7480BUY $34,947
28/10/20191,500.3900SHORT $34,925
17/10/20191,491.7000BUY $34,363
27/09/20191,500.0250SHORT $33,829
12/09/20191,498.9550BUY $33,778
05/09/20191,530.4550SELL $33,788
04/09/20191,550.4700BUY $35,089
29/08/20191,530.4900SELL $35,099
23/08/20191,510.5950BUY $33,792
19/08/20191,507.1000SELL $33,802
29/07/20191,426.5100BUY $28,163
22/07/20191,424.4600SELL $28,173
10/07/20191,418.9150BUY $27,793
01/07/20191,389.2410SELL $27,803
26/04/20191,280.0500BUY $19,283
17/04/20191,273.6900SHORT $19,803
08/04/20191,295.5620BUY $21,512
27/03/20191,312.2580SELL $21,522
08/03/20191,292.8169BUY $20,029
21/02/20191,330.2655SELL $20,039
15/02/20191,315.7200BUY $18,944
01/02/20191,317.9301SELL $18,954
22/01/20191,284.1000BUY $16,330
18/01/20191,283.4400SELL $16,340
20/12/20181,253.0300BUY $13,924
10/12/20181,244.7250SELL $13,934
29/11/20181,222.9000BUY $12,160
27/11/20181,214.7800SELL $12,170
14/11/20181,207.7794BUY $11,601
09/11/20181,218.4400SELL $11,611
24/10/20181,233.5800BUY $12,849
17/10/20181,222.2700SELL $12,859
02/10/20181,194.5778BUY $10,551
26/09/20181,196.1717SHORT $10,438
20/09/20181,206.7600BUY $11,336
14/09/20181,197.7800SELL $11,346
06/09/20181,199.7700BUY $11,522
30/08/20181,199.5100SELL $11,532
20/08/20181,187.2200BUY $10,507
14/08/20181,193.6300SHORT $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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