OANDA:XAUUSD   Gold Spot / U.S. Dollar
You heard it here 1st, next stop is 2100! Bulls will push price up to this level in the next couple of weeks as the recession gets worse and the housing markets crash, If you think things wont get worse and you believe it when the media say house prices wont suffer then get ready to be shocked!

If you believe what the media tell you then you wont make it in trading anyway, you need to think outside the box.. the media is there to keep you in that box.

If you would like to know anymore about trading or my simple style then just message me :)

Lots Of Love Laura x.

Comments

I don’t necessarily believe the media. But I certainly take note of the Fed minutes and any/all comments made by Jay Powell. To call a Gold trade before the Fed statement is suicide, you may as well bet on either black or red. I do agree that this market is bullish. I called 2000 in a comment on Sunday, however the downside will continue, but the momentum seems to be weak. Look to US yields, as a benchmark for trading gold, and of course the DXY. I don’t believe house prices will suffer, not in the UK. No stamp duty. House purchases are up from last month in the US.
Reply
FreeSignalsUK KironKavanagh
@KironKavanagh, House prices wont suffer? How about when people cant afford to pay mortgage back because they have no job? House prices are going to take the biggest hit ever at the end of this year / beginning of 2021 without a doubt.
Reply
KironKavanagh FreeSignalsUK
@FreeSignalsUK, I have no idea what will happen at the beginning of 2021 and neither does anyone else. I look at data that is relevant today. I told you gold would continue to go down and as we all know it has. House sales are up 25% as per today’s print. House sales have nothing to do with mortgage payments. Retail sales are up 25% from last month. So look at data that is relevant today, not guess what might happen in 4 months time.
Reply
FreeSignalsUK KironKavanagh
@KironKavanagh, Retail sales are up from last month because most shops were closed last month, so naturally they will be up. House sales are also up as estate agents were not open 6 weeks ago, also house prices historically rocket before a crash. House prices do have alot to do with mortgage repayments, if nobody can afford to get mortgages then supply and demand is broken, nobody is buying so no need to build any new homes and if nobody can afford to buy then sellers greatly outweigh buyers which causes properties to be put on the market cheaply. So yes look at todays data by all means but it is false data. You need to always be 1 step ahead of things so if you can see what is going to happen in 4 months time its all good.
Reply
I am quite agree with you , i think simple style is the best .
Reply
@bziaean, Cant go wrong with simple :)
Reply
Nice work, to the moon y’all!
Reply
FreeSignalsUK Spacehopper420
@Spacehopper420, Someone call NASA :)
Reply
Spacehopper420 FreeSignalsUK
@FreeSignalsUK, Knows it !!!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out