Excellent opportunity for going long in Gold. Great risk/reward. Trail your stops once in profit.
trading idea 9/8/2016 *this is my idea, the risk is all yours!!!* watch your money management!!!
there is a probability that NFP will be good and therefore the dollar will strengthen and gold will come down.!!! In case won't be like this, no matter it was a nice week.!!!!! Have a good day and super weekend.!!!!!!
A pullback in Gold FX:XAUUSD has been confirmed last week. Target should be the rising 50-MA ($1,282) or the uptrend line (currently $1,250). In any case buy the next dip between $1,262 - $1,295.
A strong Monday and gold should move directly towards $1,415 within the next two weeks. Otherwise we should get a pullback. In any case wait to buy the next dip between $1,262 - $1,295.
Gold on a daily chart bullish. Getting close to 1.414 fib and 1388 is Resistance. What do you guys think, does gold keeps rising or can we expect reversal. I would say there is a chance of reversal as RSI is heading to oversold.
As long the price is trading more or lesse above the upside trend (since February`16) bullish! round about 1303 should be a bullish support area round about 1284 should be a bullish support area round about 1263 should be a bullish support area if the bears are winning the terrority backs, - even more or less around the 1303, 1284, 1263 price levels (and...
Here are the potential scenarios: 1. More sideways consolidation above/around $1,200 over the next couple of weeks until 200MA ($1,266) is hitting $1,200. That might take some more time. 2. Final sell off down towards the rising 200MA ($1,166) which would get everybody panicking and would create an outstanding entry chance. 3. The lows are already in and once...
Expecting a breather as gold seems quite oversold. Look for overall sideways action for the next 5 to 10 trading days On a weekly basis, 1200 level marks the middle BBands, hence expecting some support to come in. Should we break 1200, downside targets of 1120, 110 as well as old lows at 1060 IMHO selling put spreads for the time being might be good to take...
if you guys payed attention I'm using same chart, same support and resistances. By now Gold price indicated 1.44% percent rise, it's a big percentage therefore the price will flactuate at this area and may go a little down then going up is highly predictable