View On Gold XAU/USD (The Bull strength is Strong)
View On XAU/USD (2 June 2019)
Gold has an astounding recovery on the late last week and it broke a strong support resistant region of $1,300., now it is using $1,285 as a very strong ULTIMATE support region.
Meanwhile, it can go $1,310~$1,314 easily and the next hard resistant will be $1,320 (Take profit there)
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.
Gold has an astounding recovery on the late last week and it broke a strong support resistant region of $1,300., now it is using $1,285 as a very strong ULTIMATE support region.
Meanwhile, it can go $1,310~$1,314 easily and the next hard resistant will be $1,320 (Take profit there)
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 (4 June 2019)
+250 pips move within 4 days. Congrats to those who heed our advice.
We do not win all the time, as No One can predict the future with absolute certainty.
Risk Management is the key to long term survival and sustainability.
+250 pips move within 4 days. Congrats to those who heed our advice.
We do not win all the time, as No One can predict the future with absolute certainty.
Risk Management is the key to long term survival and sustainability.
Comment:
Updated View On 5 June 2019
We are on the strong bullish momentum and it is not advisable to go short.
Instead, take every pullback as a chance to go long.
It is now ranging as 1325 level is a decent resistant. Be patient.
We are on the strong bullish momentum and it is not advisable to go short.
Instead, take every pullback as a chance to go long.
It is now ranging as 1325 level is a decent resistant. Be patient.
Comment:
Updated On XAU/USD (6 June 2019)
Even in the uptrend, it is bound to have pull back along the way.
It is wise to stay/wait and enter long at support levels.
The nearest resistant will be $1345~$1350 region. All the best.
Even in the uptrend, it is bound to have pull back along the way.
It is wise to stay/wait and enter long at support levels.
The nearest resistant will be $1345~$1350 region. All the best.
Comment:
Updated View On XAU/USD (14 June 2019)
Our expected target level of $1245-1250 region is hit.
You are welcome.
Our expected target level of $1245-1250 region is hit.
You are welcome.
Comment:
Updated View On XAU/USD (21 June 2019)
Gold is on the rampage rise and it has triggered tons of short positions stop loss.
It also had broken/touched a strong level of $1,400 level.
Look at the blue trend line of recent days. It is almost at 90* rise and it may bring in some pullback.
It is advisable to stay long side but if you are thinking of entering, I suggest you can wait for a little longer to go in at the better/lower price.
Gold is on the rampage rise and it has triggered tons of short positions stop loss.
It also had broken/touched a strong level of $1,400 level.
Look at the blue trend line of recent days. It is almost at 90* rise and it may bring in some pullback.
It is advisable to stay long side but if you are thinking of entering, I suggest you can wait for a little longer to go in at the better/lower price.
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If you are in since last week. move your SL to breakeven.
Cheers.