$XAUUSD #GOLD #GOLDPRICE 09.09.2019 Many Traders will be possible wrong on their Gold Trades right now. And I explain why this could happen. Price showing signs of a possible Pullback and there are some indications that are giving Bears some power. Weekly Stochastic got a cross down but is still in the bullish Control Zone. The Rsi is still is in Bullish Control...
This company is sitting on a decent amount of Gold in Russia, right next to several major Gold mines. More research coming in the weeks on this stock.
Maybe a bull flag as well, time will tell per usual. One thing though, Gold has been in a bear market for YEARS, to suggest that the bear market is completely over is debateable. On a smaller time frame there's clearly been a H&S pattern that played out after a rejection of a triple top.
If price stays above orange trendline we are looking to buy below the central weekly Pivot of next week (in the green zone). This means we are looking to buy Friday afternoon/evening (before market closes) and/or Sunday evening when market opens again.
Price target of 50c. Gold is in a descending triangle as well, so when that dumps don't look down! EOM!
The lower (yellow) trendline coincides with the 100 EMA (gray) which indicates a strong area of support and this trendline also crosses with the next monthly Pivot-Point and also with this weeks Pivot-Point which makes this support zone super strong (I marked it with a yellow circle). Next up, we have a strong resistance where the price is right now because the...
02-Jul TVC:GOLD Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength. Investing position: In Rising section of high profit & low risk S&D strength Trend: In the midst of an upward trend of strong upward momentum price flow marked by the temporary falls and strong rises. Today's S&D strength Flow:...
gold may hit to 1365-1375$ soon then fallback to 121x's or 1180$ once again this year. target for 2021 : 1500+
In my previous post i talked about Gold breaking flush through a Descending Triangle, i misspelt it for a Ascending Triangle. After looking again it appears as though this may be a fake out.. Time will tell per usual. If you look at Gold on a macro 100 year chart including the wicks, Gold peaked in early 1980 2,200ish USD. After that ATH, gold sold off for 20...
I foresee either two scenarios. 1 is the price moves to upward resistance. Or 2a and 2b where the price drops further to support and then rebounds up to maybe below resistance or at it. www.anthonylaurence.wordpress.com
So, Gold is now trading at important support level of $1322. Today if closes below $1322 then Yes, the prime situation has came for Bears. Utsav Babbar
just based on technical analysis. caution! trade with your own risk and responsibility!
A Bullish signal was initiated on Gold after stable bottom on H4 chart appeared just below 1300 level. I am medium term positive about the perspective on gold.
The closing of a Pinbar on Friday evening has thrown a slight spanner in the works for the feeling I was getting towards Gold as up until that point it was looking very bullish. The Pinbar close does normally represent a bearish reversal coming shortly, however on this I am not too sure. My sentiment towards Gold still remains Bullish as I believe it...
Break of long term down trend line with continued support for gold. Rally should be expected once resistance line is broken in 2018.
I am predicting a major drop in gold prices, prelimnary support is broken