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MidasTouchConsulting MidasTouchConsulting XAUUSD, D, Long ,
XAUUSD: Gold - Buy The Next Dip Around 1,240 USD
289 1 8
XAUUSD, D Long
Gold - Buy The Next Dip Around 1,240 USD

As expected gold continues to trade between 1,200 USD and 1,300 USD. The recent strong recovery from 1,215 USD up to 1,295 USD just two days ago was a bit surprising as we´re getting close to the FED meeting next week and seasonality is not really favorable in spring. But gold is showing more and more strength and has already been breaking out above its ...

MidasTouchConsulting MidasTouchConsulting XAUUSD, D, Long ,
XAUUSD: Gold still in consolidation
324 6 4
XAUUSD, D Long
Gold still in consolidation

Multi-month agonizing sideways consolidation in FX_IDC:XAUUSD continues. Main scenario: Gold can hold above $1,300 and will soon start the next leg up towards $1,415 - $1,430. Worst case scenario: Gold is breaking the trend-line and corrects towards $1,262 - $1,295. That would be a great buying opportunity. Only below $1,255 new bull market gets into serious ...

MidasTouchConsulting MidasTouchConsulting XAUUSD, M, Long ,
XAUUSD: Gold - Consolidation since early July about to end
256 2 7
XAUUSD, M Long
Gold - Consolidation since early July about to end

Gold has been consolidating over the last two and a half months. It did everything to confuse everybody. But besides all this short-term noise there has been a very important and extremely bullish development. The Slow Stochastic Oscillator is sitting with both signal-lines above 80 for more than 3 months now and has therefore converted into the rare embedded ...

cheminacci cheminacci XAUUSD, D, Long ,
XAUUSD: Bullish on Gold after Breakout of major Channel
211 3 7
XAUUSD, D Long
Bullish on Gold after Breakout of major Channel

After getting a break in the Weekly channel for XAUUSD , and a break in structure at 1232, I have very bullish sentiments on gold. I'm expecting a retest of resistance at 1307, 1345, and potentially 1391.

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