Title
by Americanbulls.com LLC
Last Update
2020-10-23
XAUSGD
GOLD / SINGAPORE DOLLAR
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
2,580.3500
Change:
-2.2000
Percent change
-0.09%
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 2,582.5500, and our valid average selling price stands now at 2,580.3500. The previous BUY signal was issued on 2020-10-15, 8 days ago, when the currency rate was 2,594.3200. Since then XAUSGD has fallen by -0.54%.
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 ⇨ 
2020-10-232,580.3500SELL $18,443
2020-10-152,594.3200BUY $18,776
2020-10-132,601.7400SHORT $18,539
2020-10-092,586.0250BUY $18,490
2020-10-062,567.1400SHORT $20,012
2020-09-292,586.6100BUY $20,341
2020-09-032,640.5200SHORT $18,085
2020-08-282,667.4100BUY $19,540
2020-08-252,636.8400SHORT $21,460
2020-08-172,709.8450BUY $24,143
2020-08-102,784.3200SELL $24,153
2020-07-202,520.5900BUY $12,431
2020-07-102,503.8100SELL $12,441
2020-06-222,439.0400BUY $9,611
2020-06-182,399.3100SHORT $11,422
2020-06-092,376.5500BUY $10,806
2020-05-212,456.9450SELL $10,816
2020-05-132,418.0300BUY $9,001
2020-05-062,406.3850SHORT $9,580
2020-05-042,409.1800BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$8/day
† Short Swap: -US$2/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020-10-232,580.3500SELL $41,246
2020-10-152,594.3200BUY $41,579
2020-10-132,601.7400SHORT $41,342
2020-10-092,586.0250BUY $41,293
2020-10-062,567.1400SHORT $42,815
2020-09-292,586.6100BUY $43,144
2020-09-032,640.5200SHORT $40,888
2020-08-282,667.4100BUY $42,343
2020-08-252,636.8400SHORT $44,263
2020-08-172,709.8450BUY $46,946
2020-08-102,784.3200SELL $46,956
2020-07-202,520.5900BUY $35,234
2020-07-102,503.8100SELL $35,244
2020-06-222,439.0400BUY $32,414
2020-06-182,399.3100SHORT $34,225
2020-06-092,376.5500BUY $33,609
2020-05-212,456.9450SELL $33,619
2020-05-132,418.0300BUY $31,804
2020-05-062,406.3850SHORT $32,383
2020-05-042,409.1800BUY $32,793
2020-04-272,449.3800SELL $32,803
2020-04-222,418.1300BUY $30,881
2020-04-172,435.5650SELL $30,891
2020-04-022,288.0200BUY $23,810
2020-03-312,303.2800SELL $23,820
2020-03-232,175.4500BUY $15,399
2020-03-192,136.7100SHORT $16,723
2020-03-172,159.6200BUY $19,390
2020-03-112,289.3000SELL $19,400
2020-03-052,308.9800BUY $21,080
2020-02-252,304.8600SELL $21,090
2020-02-142,193.9200BUY $16,511
2020-02-112,177.3300SELL $16,521
2020-02-062,153.4800BUY $15,450
2020-02-042,131.3950SELL $15,460
2020-01-232,110.6400BUY $15,819
2020-01-092,097.6300SELL $15,829
2019-12-161,998.5500BUY $10,524
2019-12-062,001.2950SHORT $10,878
2019-11-291,995.5500BUY $10,072
2019-11-052,042.3650SELL $10,082
2019-10-312,040.8500BUY $9,832
2019-10-282,036.4100SHORT $10,214
2019-10-232,031.6800BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$8/day
† Short Swap: -US$2/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020-10-232,580.3500SELL $59,216
2020-10-152,594.3200BUY $59,549
2020-10-132,601.7400SHORT $59,312
2020-10-092,586.0250BUY $59,263
2020-10-062,567.1400SHORT $60,785
2020-09-292,586.6100BUY $61,114
2020-09-032,640.5200SHORT $58,858
2020-08-282,667.4100BUY $60,313
2020-08-252,636.8400SHORT $62,233
2020-08-172,709.8450BUY $64,916
2020-08-102,784.3200SELL $64,926
2020-07-202,520.5900BUY $53,204
2020-07-102,503.8100SELL $53,214
2020-06-222,439.0400BUY $50,384
2020-06-182,399.3100SHORT $52,195
2020-06-092,376.5500BUY $51,579
2020-05-212,456.9450SELL $51,589
2020-05-132,418.0300BUY $49,774
2020-05-062,406.3850SHORT $50,353
2020-05-042,409.1800BUY $50,763
2020-04-272,449.3800SELL $50,773
2020-04-222,418.1300BUY $48,851
2020-04-172,435.5650SELL $48,861
2020-04-022,288.0200BUY $41,780
2020-03-312,303.2800SELL $41,790
2020-03-232,175.4500BUY $33,369
2020-03-192,136.7100SHORT $34,693
2020-03-172,159.6200BUY $37,360
2020-03-112,289.3000SELL $37,370
2020-03-052,308.9800BUY $39,050
2020-02-252,304.8600SELL $39,060
2020-02-142,193.9200BUY $34,481
2020-02-112,177.3300SELL $34,491
2020-02-062,153.4800BUY $33,420
2020-02-042,131.3950SELL $33,430
2020-01-232,110.6400BUY $33,789
2020-01-092,097.6300SELL $33,799
2019-12-161,998.5500BUY $28,494
2019-12-062,001.2950SHORT $28,848
2019-11-291,995.5500BUY $28,042
2019-11-052,042.3650SELL $28,052
2019-10-312,040.8500BUY $27,802
2019-10-282,036.4100SHORT $28,184
2019-10-232,031.6800BUY $27,960
2019-09-272,068.1100SHORT $27,697
2019-09-172,062.3600BUY $27,954
2019-09-052,135.0900SELL $27,964
2019-09-032,133.5500BUY $27,424
2019-08-292,126.0500SELL $27,434
2019-08-232,090.0300BUY $25,755
2019-08-192,090.0800SELL $25,765
2019-08-051,987.3000BUY $20,793
2019-07-311,952.6300SELL $20,803
2019-07-291,946.7300BUY $20,803
2019-07-231,934.3200SELL $20,813
2019-07-171,925.8900BUY $20,685
2019-07-081,896.7900SELL $20,695
2019-07-031,923.3400BUY $22,341
2019-06-271,906.8600SELL $22,351
2019-06-211,886.6700BUY $21,144
2019-06-171,835.9300SELL $21,154
2019-05-311,780.6400BUY $17,772
2019-05-281,764.2100SELL $17,782
2019-05-061,744.8300BUY $17,771
2019-05-011,737.9900SHORT $18,045
2019-04-241,732.6100BUY $17,680
2019-04-111,761.9300SELL $17,690
2019-04-081,754.9300BUY $17,423
2019-03-271,774.7000SELL $17,433
2019-03-071,749.0600BUY $15,450
2019-02-211,802.3550SELL $15,460
2019-01-251,750.5500BUY $12,386
2019-01-211,738.6300SELL $12,396
2019-01-141,746.8400BUY $13,245
2019-01-081,744.5800SELL $13,255
2018-12-211,726.2600BUY $10,947
2018-12-111,707.2850SELL $10,957
2018-11-161,671.2600BUY $8,778
2018-10-311,687.4400SELL $8,788
2018-10-261,701.4000BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$8/day
† Short Swap: -US$2/day

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