Loii
Long

LONG GOLD TILL 1170-1190 + Gold Forcast

FX:XAUUSD   Gold/U.S. Dollar
445 3 9
10 months ago
Updated with some indicators I use.
-possible golden crosscover 50>200ma soon on daily chart

LONG GOLD             TILL 1170-1190 then SHORT between 1170-1190 next week for 1-2 weeks. sl above 1192. target around 1110-1130.
Then long again around 1130. till at least $1250-$1285.

Follow and rep me if you want more forcast.
10 months ago
Comment: UPDATE:
If gold breaks 1191 resistance, we should see $1200 before a retracement down to $1130 region. This weeks trend is bullish till mid or end of the week.
10 months ago
Comment: Potential new top is $1200-1203
10 months ago
Comment: New Retracement Target is $1140-1150
10 months ago
Comment: UPDATE: DO NO SHORT TILL NEXT WEEK!
10 months ago
Comment: UPDATE: due to the stock market crash, gold is seen as a hedge so expect this whole week to be bullish. possible target is around $1225 which is the next major resistance level. Next week we might have a $50+ retracement.
Private message me if you're interested in trading Live with me on Gold, Silver & AUDUSD. I give only good risk/reward trades only.
zadi1
10 months ago
nice work and knowlage
+1 Reply
eskgroup
10 months ago
Nice! We got the same Top Target but I think 1130s is too ambitious - maybe retrace to 1161s even 1155s
snapshot
Reply
Loii eskgroup
10 months ago
i agree, my new support is 1150 or so.
+1 Reply
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