“A sustained move beyond the $1875-76 horizontal resistance should pave the way for an extension of the recent bounce from seven-week lows and push the metal to the $1900 round-figure mark. The momentum could further be extended towards the $1922-24 supply zone en-route the next major hurdle near the $1960 region.”
Gold, Meets Significant Support! Watch out Friends!
Based on my fundamental analysis I have set a price target of $2.00 for GAU.
Some gold miners operate synchronously. They have been falling since the peak of August. They are quite sensitive to movements in gold prices, maintaining a positive correlation. They are trading below their 200 day simple moving average (undervalued signal). Its last 2 peaks have occurred in the first week of the month, 2 months apart. What is the...
GOld, Meets Significant Resistance, Short
GOLD, channel down and will retest strong Support!
I wonder if the pattern will work? Of course, it's not very well drawn. purchase only after leaving the accumulation. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
Gold, will retest support watch out Friends!
Significant results were encountered in hole DKL-20-RC-007, which returned 4.83 grams-per-tonne (“g/t”) gold (“Au”) over 20 meters, including 14.51 g/t Au over 6m (also including 39.6 g/t over 2m). Nexus Gold is primed for a breakout and they are currently waiting on the remaining 6 holes from their recently drilling program in West Africa that today in hole #7...
GOLD, Soaring High and Creates new Strong Trend line! Watch out friends!
GBR has created lower highs on the RSI since Oct 2018 but the price has continued higher until the blow-off top in late June 2020. The RSI looks like it's trading in a Descending Channel. The KST has seen multiple bearish crosses since Dec 2018 and continued lowers highs indicating momentum is fading. Noticeably the price has broken flush to the downside of a...
GOLD, Resistance Becomes Support!
Here in Gold, i am considering it still bearish to hit 1825 once more. The Bearish is possible this time and further i am considering the area 1780 t to be hit up. As see over HTF the gold has stopped it bullish pattern and is falling fastly rather then flying, so here it will keep its moves in 1700-1900 over months. For now focus is on its falling & if it break...
This is a simple and basic long term projection for Gold. Gold can be slow but can rush when economy starts to fail. USD will fail, so it's just matter of time to reach higher zones.. TP1 - 2500$ TP2 - 3000$ Happy Tr4Ding !
Preconditions: - key level - predictable risk - global trend up - local trend up You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK...
BTG is a great gold mining company with lately surprising earnings, etc. Amazing company as we head on to the future. $10 price target by sometime next year. If we get a gold halidays rally then BTG will definitely take off quicker than expected. Patience ;)
Only the Main reasons of current Last Three Weeks of Bullish Momentum of Gold Because Fed kept the rate unchanged and announced that they will keep the previous plan and as an result DIX engaged the meltdown with evident Daily Bearish Gap fill which added significant Buying pressure on Gold and Stimulus announcements are making Gold gradually testing the 1900.30...
Here in GOLD, we have the strong resistance, Trend Resistance & the H&S pattern due to which i consider next Strong Bearish move until the 2nd last support line. All the areas are mention of buying & selling, were as the level approx @1840 is considering from where it can fall with putting small sl. In case of breakout & it fly above that strong resistance then go...