Gold 1233.39 Market managed to sustain drop where tested 1225 zone while as we see over the chart market will face support zone at 1215-20 for the uptrend line. as long as market holding above support 1215-20 another rebound toward 1245-50 may be expected below 1208 market will face new drop pressure to head for testing 1190-95 zone Support ...
With all the NIRP's and ZIRP's flying around in an economy based off fraud and debt, this was expected, and now we have the start of the technical indicators to back it up :) With the history of miners leading the commodity in moves, I'm expecting gold to make a move higher (see GDX charts): - We again have the bull flag being made, with any bearish attempt to...
Overview: Gold futures edged higher in European trade on Thursday, after minutes from the Federal Reserve’s latest policy meeting underscored caution about future rate hikes. Gold Comex division tacked on $6.40, or 0.52%, to trade at $1,230.20 a troy ounce by 06:59GMT. A day earlier, gold lost $5.80, or 0.47%. On technical chart, Short term trend of Gold is...
Today's Chart - XAU/USD Overview : Gold gave up some of its sharp overnight gains on Friday, but held above $1,200 an ounce as a drop in equities stoked fresh safe-haven demand for the metal. On Technical charts, Current trend of Gold is bullish, it has given upside breakout from downward sloping trend. Now market is making higher top and higher bottom...
All explanation in chart) Next scenarios in higher TF: Bear - wedge playing 1100> Bull - wedge breakout 1300<
XAUUSD (GOLD) Looking for Long. because Gold have a Support area with Fibo fan level of 0.5. and also Gold have Support and Resistance area. and gold have Divergence area, so it should be up.
XAUUSD - Gold : Might be at the edge of the multi-year bear trend. Formation looks really bullish on the weekly + Daily chart. Watch the "Important area" mark, if it breaks with strength we should get a nice run. Also watching the RSI on the Daily chart for more conformation of a fueled bull run / scalp short trigger. It also confluences with the global...
XAU/USD Market retreated again from 1200-10 resistance zone which giving signals about ability for trading zone between 1150 - 1210 Market closing to Janet Yellen 2-days testimony while market supports 1180 Below 1180 market will face 1170 and 1150 as support levels, while resistance at 1200 and 1210 www.tradingsignalreviews.com
OVERVIEW : Gold prices ended the session solidly higher and scored another three-month high Wednesday. We feel that the market will more than likely trying to reach towards the $1150 level. Technically market is looking strong on chart and prices is trading above the resistance trend line in its daily chart. In 4 hourly chart, prices is sustaining above its...
Hello, "El Dorado" Traders! Best regards, Powerful Traders!
From a structural point of view, the gold correction has been perfect to go, 1090/1095 here is the future of gold rose to 1135 excellent point of buying!
Long position! Buy limit 10 lots at the price 1073.50 and second buy limit 100 lots at the price 1065.73. Both trades S/L 1060.00 & T/P 1087.00! Have a nice trades! Sincerely yours, Powerful Traders!