As we are publishing this report gold is trading at $1485 however the white metal is hovering around $14.70.we have already informed you that our strong bearish bias will be intact within the precious metal sector until unless The yellow metal breaks above $1520 however it seems it won't manifest any time soon, we understand the role of technical analysis however...
Welcome to Profitlio, We share our analysis for your educational purposes to get an idea about the current market situations. You may reach us via telegram and get valid trading signals for profitable trading experiences. t.me
We entered into a sell order again @1493 to catch the fall on completion of h&s and we expect the trend to continue...
At this point I think the ICL will continue and we will drop below the October 1 low
Bear etail traders are totally confused after the perfect head and shoulders pattern broke down but isntead of goin glower we just negated the neckline.
Now bulls think that it's a flag and we are going to break above 1520 soon.
We are too late in the intermediate cycle...
use small lots because of its news trading and probably the decision will be lower
so buy gold and let your target as shown in the chart and put your stop loss based on how you handle your account management
and best of luck
if you like the content please like and write down a comment
and join one of the best companies in trading with the lowest price you...
The day when Bloomberg intelligence published the below-mentioned page, That was the same day when Gold and silver made there top and we have already warned you regarding this-
After hitting record highs in euros and British pounds, gold could be ready for new record highs in U.S. dollar terms, according to Bloomberg Intelligence (BI).
Gold prices had a stellar...
At the time of publishing this research report, Gold is trading at $1488 and silver is at $17.50.Gold dropped more than 1% on Friday which make the prices plunged from $1510 to $1480($30 move). The Donald J.trump tweet on Friday had a significant impact on the market in which he showed optimism ahead of his meeting with Chinese Vice Premier Liu He at the White...
Lower time frame look into gold. I expect us to break the H1 zone around that 1520 barrier. once through ideally i'd be wanting a clean push down to around 1508. that mark is based off H4 charts. Overall from a daily perspective we have broken market structure creating a lower low, I now hope to be creating a a lower high off the zone we have plotted from the left...
Suggestion: SELL GOLD FROM 1492 TILL 1495 SL ABV 1525 TGT 1477/1450
Ask us for Daily signals ( Premium or free trail) /account management ( with min risk and reasonable returns for weekly and monthly returns) /trading services, more deals and details..!!!
whatsapp/telegram : +91 7799061547
Yes. if you can see there are 3 breaking lines for each fibo levels and after its reach that breaking level (lets say as resistance) price gone down. So there is goo potential to have a sell trade.
Open at 1491
Note: Trade at your own risk....
Current Opinion about Gold:
Make it or Break it - Situation for the Bulls
Perfekt Pullback to support 1485 even with a wick down to 1475 as of Fridays Market Volatility.
Bullish wicks may confirm a higher low on smaller timeframes
My last TA-Post predicted that 1485 Support will be testet...
There are some interesting clusters of price and time barriers coming up for gold in the next few weeks. It's worth being aware of where they are and what they might mean for the gold market. The first significant point is derived mainly from the range between the interim low labelled B and the high labelled C. This is a daily chart . Consider the following...
Note the respected 1512 level marked and how a candle pinned the level and the yellow bar I was waiting for price to reach.
1. Rejection candle
2. Second candle is an inside bar
3. Top bollinger pinned
4. Capped trend line holding
Ideally the confirmation will be a breakout from the inside bar pattern to the down side, this is where I will look to open my short...
Gold has a strong indication that it will begin to drop for the coming week or so. It came to retest the daily broken trend line and has recently broken a smaller time frame(1hr) trend line as well. It would be a good idea to look for the high of the week and sell this commodity.
Please, note-At the moment we do not hold any position in our portfolio however when we'll execute positions we'll update you as always-
Gold and silver prices are trading moderately higher in midday action Thursday. Both metals are looking to a wobbly U.S. stock market for direction. A big morning sell-off in U.S. equities pushed the safe-haven metals to daily...
While we had a dead cat bounce today providing some relief for the beaten down gold/silver stocks and miners there will likely be more downside coming before we enter the real bull run late October or by November and onwards.
At this point, I accurately forecasted that we would bounce off 1460 and test 1484 as a dead cat bounce which we have done today. I believe...