Back on Aug 30, we had indicated that Gold is turning to Bullish mode and 1st target is 2280. Today Gold made a new ATH of 2265 - just kissing distance from 1st Target
Have a look at the monthly chart. Look at the Volume Build up over the past 3-4 years. Cup and Handle BO also confirmed on Monthly
Next targets are 2280, 2550, 3015
Over the weekend, Gold...
hello traders gold is exploding watch out for false areas we are starting with a good week ..how are you guys doing i been posting this many time let me know
Hello traders i am expecting bullishness on gold we mainly see volatility during news wait the news to pass like 2 min then the trade will setup the news always like to knock people first before making the right move i will make an update on it just follow me
hello traders gold is setting a nice pattern we can enter before the break or after the break of the pattern we are in a good bullish push lets catch follow for more
- US10Y is currently slightly up to 3.0% LEVEL. Like we said before, it's been a bit of a CORRECTION in the last few days. We can see that the POSITIVE SENTIMENT for USD ECONOMIC DATA is also very POSITIVE for DXY.
- The power of USD is still very strong in GOLD. US10Y will behave today on the behavior of CPI DATA in the NEWYORK SESSION. DXY has been DOWN...
Majority have been eager to buy and buy and buy, yet on the daily we can see a hard rejection off 1830.00
This shows us the amount of buy stops accumulating at this level , notice price triggered and dropped = heading toward majority of SL placements ( below 1810.00 )
*We need moves like this to switch the consensus of retail to take the opposite sides of...
Gold just broke out of a triangle and retested, then started breaking out again for the proper leg to 2000, bypassing 1800 very soon.
This is early break out and MACD to confirm later, especially when a new recent high is achieved.
