Xauusd Expected to test monthly highs @ 1260
Possible long setup on FX_IDC:XAUUSD looking for a long around 1220 if we get confirmation
BULL DVG 2h , fib 1,618 >> $1221
Prices are at 50% retracement of upleg from late Feb. Speculative / commercial positions are within normal limits, i.e. not overstretched. Hedge gold longs with USD longs against EUR, JPY, NZD, CAD.
we have two different Fibonacci patterns aligning showing that GLD should be heading up in the 121-122 range.
We can see 3 potential zones to reverse Gold back to uptrend (50% , 61,8% and 78,6%+trendline) We also see double top structure, which means that after break we can see clear move to 1260 area Dont forget to trade with proper RM/MM and caution.
As silver is bearish gold is bearish too same setup but with more volume than silver it can pick bearish volume in about 3 hours from now on so stay connected. Good Luck Muze (xauusd).
Gold looks like it's ready for a little pop up to the 121-122 range. would like to see it go above 116 and stay above for a day or two as confirmation.
Buy @1230 (+25/-25) SL 1205 TP 1255 Buy @1230 (+60/-25) SL 1205 TP 1290
if break resistance i am thinking this.. we are wathcing.
I have started accumulating my medium-term position in this stock once it broke the down-trend started in August of 2016. I am looking to add on a dip over the next few days (which there should be one), however I am playing this from a more aggressive standpoint. If you're a more passive investor, wait for a clean break and close above the key $4 level which has...
Buy Gold @1198 SL 1192 TP1 1208 TP2 1217 Tp3 1228
GOLD BUY LIMIT @ 1166 LEVELs TP 1178 - 1182 SL 1158 INSHALLAH TP Will Hit :) GOOD LUCK
hi guys gold broke fibs 0.236% in retracement and the down move retested trendline. first target 1206.
I have been long miners since November 14th, and am currently only down a few percent. I am by no means a scalper, so keep that in mind when you view this idea. There is a strong bull RSI divergence on the 1W chart, as illustrated above. (the divergence from the 1D chart is still there, however I am taking a step back with this idea). I think we have almost...
Gold Strongly holding its months low 1122. If hold above 1118 we can see a upward just as correction and Target can b 1154-1174. Advice buy gold in range of 1133-1122 SL below 1115 TP1 1155-1174