Gold

Good morning Traders! If gold will develop a "first" bearish leg, wait for correction (B or Right Shoulder) and try to take a short position. Our idea is that gold could consolidate in the short term. Do not anticipate the market. If you think this analysis can be useful, leave a your comment or your ILIKE! Thank you for support and trade with care!

MARKET ANALYSIS: The pair has been trading inside a ascending triangle and has reached the channel support now. After the fake-out now the market has come back inside the channel support. Now this is a possible sign for the market to turn bullish. Now there is a mid level resistance. Once it breaks it will reach the channel resistance. So lets wait and see what ...

I suspect this will be a very good spot to buy JNUG. Moving averages are supporting JNUG here. Looks as if the ICL in Gold and Miners is confirmed. Dollar relentlessly pushes lower.

preparing 2618 trade setup if the price pullback to that level

Trading idea and analyse from trader Nika Lekishvili

Price action has been consistently respecting the trend line and shows further bullish momentum.

Gold 0.06% been trending upwards nicely in a channel, off an inverted H&S bottom and break of the downward channel, pushing through some key levels. Lots of data tomorrow too in EU and US. Could push this around and give us continuation or a breakdown. The channel is clear and some other decent levels to watch for opportunities, keep an open mind on direction ...

1260 has been significant support & resistance throughout 2017 and based on current technical patterns I believe this 1260 will once again act as a reversal zone and provide conviction to the downside.

retest trendline + good zone support+ uptrend line+ 50-61% fib = ABCD patern gbpjpy go to make a double top on daily and triple top on h4 !! sl: 60 pips tp: 150-200pips

2 possibilityyy for goldd wait for the sell or buy!! $$$$$$$ head and shoulder if breakout h1 trendline or rebounce on the zone and go upp !!

I have .618 of recent drop clocked, classic head & shoulders pattern on gold daily, breakout of channel retest, RSI divergence and looks like daily gonna close red today. Once this black channel breaks on the lower TF, I expect gold to sell off pretty nasty. Short on bounces will SL abv 1265. Don't forget we have GDP data in tmr. GL, j.

after Thursday's consolidated market for the precious yellow metal we saw some rejection around 1254.7 which indicates we'll see some more movement toward the upside in the near future. Into the weekend and next week we should see some significant movements around 1260+. Use smart risk management and happy trading. CTMFX LL

I already posted this chart 2 days ago.(privately) We may see a continuation of the recent bullish price movement given that the inverse S H S will be confirmed positively. What do you think?

The market bounces from MA50 and we can see an attempt to break 1260.00 resistance level. The high of a bullish candle can be a level for placing buy-stop orders. We'll open long trades based on the breakout signal. If the market moves above 1265.00 level, we'll get an additional signal of possible upward movement. RSI confirms price reversal from MA50. MACD ...

Between a weakening DX and the potential for a couple more rate hikes this year I am looking for one last push in Gold prior to a larger move down. Keep in mind this is an October contract GCV7 chart as this overall play may push into the next couple of months to play out. Enter Short: 1267-1270.7 SL: 1276.5 TP1: 1245.2 TP2: 1232.8 TP3: 1219.8 If playing ...

MAS open, gold has potential to reach back into 1300/oz zone and take out the price. (HH/HLS)

Make or break this formation, it'll be violent and fun either way. The neckline has broken bullish, look for chop /volatility as it is tested and confirmed. I am long bias. Good luck all.

gold heading to 1263.51 to finish ABCD pattern. If somehow 1232.34 break down, short will be a good idea with target at 1232.34 and bearish continuation confirmation at 1225.66 with target at double bottom at 1205.81