BEARS WILL TAKE CONTROL I HAVE TWO ENTRYS AT 1503, 1502 I BELIEVE GOLD HAS THE POTENTIAL AFTER 3 LOWEST HIGHS WEEKS TO CONTINUE THE DROP ALL THE WAY TO 1480 MAYBE EVEN LOWER
Gold has been ranging between 1500 and 1528 since Tuesday. This period has presented lots of entry opportunities both to buy and sell (highlighted using the ellipse). I found this tool applied with the stochastic a strong indicator and conformation of good entry points. As for next week I have a buy and sell limit in place and will keep looking for good...
Gold registered Highest High @ 1453.00 last week during its Bull Run extended over weeks & months. Reasonably enough bars are there to form a rectangular Price - Range (1415.00 - 1430.00) after reversing from the weekend Top. Any 4 hour Bar closing above 1430.00 may resume the Major Trend. Buy the High of that up-closed Bar. Initial Stop-loss is @1426.00 &...
It looks like Gold is forming an inverse Head and Shoulders pattern which is typically a bullish pattern. We can see that gold is trying to break the neckline of 1348 and per classic technical analysis theory the potential target of an H&S should be measured from the neckline to the lowest point of the Head, so if we take that line and put it at the expected...
Gold should hold below 1300 in order to confirm the downturn. More detail in the video: youtu.be
Where will Gold stop to fall and is there a trade? In my News Blog Video (find the link below this post), I explain exactly where Gold will reach potential support, and if there would be even a trade. P!
RESISTANCE TREND LINE WILL BREAK OUT AND GOLD UP TO 1550 NO SHORT BUT LONG POSITION ONLY
GOLD GOLD The Metal is under Fire after 1st August Weekly Bar Closes Lower as of 5pm Friday commodities close. With the U.S. Dollar looking to continue a Bullish pattern, GOLD has pushed lower all week long. The upcoming week should continue this Bear momentum as GOLD looks to return to July lows @ 1223.20. Current price 1258.40. Bulls will try to stage a...
after bitcoin, now is it gold's turn booom :rocket:
Gold (23.03.2015) moved higher as mention in our last article just around swiss gold referendum & posted a higher above $1300 mark. However it felt sharply & reached to the previous bottom around $1138. Now gold showing recovery from previous bottom level & also broken from a shot term descending channel as shown in picture. However this breakout is not...