View On Gold XAU/USD (Watch $1,300-$1,310 region closely)
Updated View On XAU/USD (4 Apr 2019)
Back Ground: Gold is now sitting pretty at the support level. So, it will use $1,277 to $1289 region to launch the bullish attempt.
$1,300 to $1,310 region shall be acted as strong resistant too. Further bullishness movement will come in only after break out that 1300-1310 region strongly. So watch that region closely.
Target(s): UP 1300 (TP1), 1310 (TP2), 1320 (TP3)
SHTF: It will use 1277 as strong support.
DYODD, all the best and read the disclaimer too.
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Back Ground: Gold is now sitting pretty at the support level. So, it will use $1,277 to $1289 region to launch the bullish attempt.
$1,300 to $1,310 region shall be acted as strong resistant too. Further bullishness movement will come in only after break out that 1300-1310 region strongly. So watch that region closely.
Target(s): UP 1300 (TP1), 1310 (TP2), 1320 (TP3)
SHTF: It will use 1277 as strong support.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
Updated View On Gold XAU/USD 9 Apr 2019
TP1 hit.
TP1 hit.
Comment:
Updated View On XAU/USD (11 Apr 2019)
Congrats to you if you have been following our advice on Gold.
TP2 of 1310 is hit.
Now, the gold price has met with a decent resistant of 1310 region now.
We will need a strong break out up to follow suit in order for it to cruise further. So, be cautious as usual.
It may take some time but 1320 of TP3 is on sight. All the best.
Target(s): UP
1300 (TP1) (Already Hit),
1310 (TP2) (Already Hit),
1320 (TP3)
SHTF: It will use 1277 as strong support.
Congrats to you if you have been following our advice on Gold.
TP2 of 1310 is hit.
Now, the gold price has met with a decent resistant of 1310 region now.
We will need a strong break out up to follow suit in order for it to cruise further. So, be cautious as usual.
It may take some time but 1320 of TP3 is on sight. All the best.
Target(s): UP
1300 (TP1) (Already Hit),
1310 (TP2) (Already Hit),
1320 (TP3)
SHTF: It will use 1277 as strong support.
Comment:
Updated View On XAU/USD (11 Apr 2019)
The move of yesterday proved that the smart/big money is not in the hurry to push the price higher just yet. It made a huge U turn after hitting a strong resistant of $1,310.
As far as the momentum is concerned, it is leaning toward bearishness. So try not to add any long position at this moment.
Let see if $1,280 can hold/support the price.
The move of yesterday proved that the smart/big money is not in the hurry to push the price higher just yet. It made a huge U turn after hitting a strong resistant of $1,310.
As far as the momentum is concerned, it is leaning toward bearishness. So try not to add any long position at this moment.
Let see if $1,280 can hold/support the price.
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Nice rise on early Monday but you will need to be careful as usual.
i expect it can swing to $1,299-$1,300 region.