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...
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 makes 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...
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...
Structure Change of Trend
Entry Target at 1489
Entry Target will change if open bearish to 1479.80
Second Ladder Entry 1474.80
Stop Loss at 1471
Profit Target 1499
If Profit Target 1 achieved please move your stop loss to Profit Target 1 and use trailing stop thereafter.
A few weeks ago I stated Gold would remain under quite a bit of pressure for the first 14-15 days of October and we see exactly that. Moreover, I further suggested that Gold would trade in a 1489-1517 (on average) range for the first half of the month.
Most people believe that Gold has dropped and will continue to drop based on the potential USA-China deal....
Daily chart has an interesting set up. While price has been descending gradually in the flag pattern, buying pressure resumes. Would like to see buyers hold up and price move sideways to the apex if the asymmetrical triangle before moving in a particular direction. Ideally, bullish resolution. Otherwise, wait for 1400.
One of the more interesting bull set ups in the market. Seems like the perfect storm is setting up. Quantitative easing has restarted, trade wars (China and potentially Europe), and Brexit just to name a few issues. I would like to see a pull back to $1,400 before continuing higher, but there is a possibility that it will not happen. $1,400 is a major level. It is...
The thieving little b~t~h robbed my life savings so she could run away to Spain with Diego! No i wouldn't be bothered because i hate the old bag anyway... but she took my last £2 and now i cant buy any matches to burn her belongings with... anyone got a spare £2?
GOLD GOLD GOLD last week you were a little bit of a pain, we caught a few pips on you... but you gave...
Gold has broken Previous support, im looking to short this Commodity after the break and retest of trendline to the target Described,
Lets see how this week ends ( as Daily candle closed under 61.8 fib level. im quite sure we will have push to gthe downside before a nice bullish rally!
Before you take any trade do your own analysis!