GOLD, Trading Plan for next week

TVC:GOLD   CFDs on Gold (US$ / OZ)
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Comment: GOLD update GOLD new IDea
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Great stuff Yuriy! 99% of thr times your analysis is technical! Just wondering- you don’t believe in political actions likes of Trump executive orders hv any impact on Gold or call it any currency?
+14 Reply
saifskhan1987 MuhammadNaeemMalik
@MuhammadNaeemMalik, I agree to what you are saying. Check out my comment.
Yuriy_Bishko MuhammadNaeemMalik
@MuhammadNaeemMalik, you need to know where energy will be. Price moves because of money but not of that some one told something. Follow they Big Money
+3 Reply
Hi Yuri, now that the US Fed plan has fallen through because the democrats and republicans couldn't come to an agreement, and Trump has used executive authority to bring back the weekly pay (USD 400 against the USD 600) do you think this will over again throw down the Dollar? Dollar rose because of fears of US - Sino escalation, but politically I dont think the republicans can afford to spark further tensions with China which will hurt the economy considering that elections are just around the corner and tensions will blast the economy and hurt the Trump supporter base more. So if USD goes back down in light of the additional liquidity then its likely that Gold will continue its rally despite the technical indicators. What do you think??
+5 Reply
CanGerling saifskhan1987
@saifskhan1987, Very nice formulated. In the long run Gold will rise anyways.
+4 Reply
NicolasCoppens saifskhan1987
@saifskhan1987, Any amount below to 1 trillion USD as new Money's injection will be bullish for the USD and bearish for GOLD, because somehow this new injection of money had already been priced onto the value of GOLD, to my understanding. So as Yuri stipulated : we might see a nice correction for GOLD, down to 1800/1815 and later up to the Sky again : 2.300 and more. Let see, GL.
+5 Reply
saifskhan1987 NicolasCoppens
@NicolasCoppens, my concern around the correction and later recovery is that a lot of newbie investors have opened trading accounts and started investing in gold and have become a major driver. If a lot of those folks lose money in the correction then I am not sure recovery may that fast? Also in the post closing, the Gold market close on $2034. I am kinda hoping that fundamentals will win the ride. But the other side is scary too, coz if the fundamentals pull the market against the technicals, then an even bigger fall may be in the future. ***Mixed Feelings***
+3 Reply
Yuriy_Bishko NicolasCoppens
@NicolasCoppens, I told I will open buy after drop pullback or accumulation and break out of it.
+1 Reply
That is an extreme drop but if it happens then I will be very happy 👍❤
+4 Reply
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