FORECASTING THAT GOLD MOVES UP FROM HERE AS WE ARE NOW AT THE BOTTOM OF THE ASCENDING PARALLEL CHANEL AND JUST OUTSIDE THE REGRESSION TREND (BUY SIGNAL). A MOVE BELOW TODAY'S LOWS MAY INVALIDATE THE THESIS. LOOKIG FOR GOLD FUTURES CONTRACT TO HIT INITIAL TARGET PRICE OF $1613 AMEX:JNUG AMEX:NUGT AMEX:GDX AMEX:GDXJ AMEX:GLD OANDA:XAUUSD FX_IDC:XAUUSD...
THE WORLD IS WITNESSING THE BIGGEST TRANSFER OF WEALTH IN MANY GENERATIONS. ANY PERSON, BANK, OUR COUNTRY THAT IS SELLING GOLD SO LATE IN THE LONG TERM DEBT CYCLE IS ASKING FOR WHAT THEY HAVE COMING. DON'T WE REALIZE THAT THE EXCHANGE OF WESTERN GOLD IS ONLY MOVING IN ONE DIRECTION! EAST! I CAN'T UNDERSTAND WHY THE USA IS SO WORRIED ABOUT LOOSING IT'S...
waite price action in arrow area and go long. good luck
I say take profits if you have been longing already. Now is not a good time to buy in, but if you want to buy, wait for a retrace to support below (1500-ish and 1425), or wait for the breakthrough of this resistance and confirmation it flips into support. That's all. Keep your trading simple and stick to your plan.
GOLD is following the trendline. It will not fall, it will simply retest the trendline.
So I usually don’t trade Gold but my BIAS on this pair for the upcoming week is NEUTRAL. My reasons behind this are -We have just broke above and retested a key Daily Resistance at 1527.11. -We could continue up for a break above our previous Weekly Support/Resistance at 1570.65 then searching for a retest and targets at 1613. -We also could reject 1570.65...
Looks like bullish flag forming on weekly? if thats the case we will see 1290 again.
XAUUSD GOLD Weekly View Join Our Free FX Signal Telegram Channel . No VIP group ..absolutely free : t.me Short Term Signal to take profit and Hold bit Gold sell limit at 1479.00 SL----1486.00 Tp1----1472.00 Tp2-------Open
XAUUSD Possible Buy Join Our Free FX Signal Telegram Channel . No VIP group ..absolutely free : t.me
ENTRYS ON 1417-1415-1412 (BUY) TPS: 1460-1470-1500 SLS: 1398-1390-1385
Description on chart.
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gold buy signal of h1 frame short cup of handle and buy signal IF 141X area can make 100 pips to first target TP1 goodluck guys