GOLD, likely to enter long in the upcoming hourly closing times
GOLD - ADX / ADM - TS V. 2.8.4 - Intraday Levels for the 07/09/2017
ADM - Average Daily Movement - Intraday Levels
entry on close 1H (hourly candle) ... if exceeded the indicated level
About the GCZ17 Contract - Dec '17
LONG it> 1344.02
TP1 = 1350.40
TP2 = 1357.49
TP3 =...
Gold finally conquered $1300 with a large green weekly bar of $33 amidst geopolitical tensions between North Korea and America resurfacing on account of yet another missile test conducted by North Korea in the early part of the week. Gold was trading with positive bias well above the $1300 level before the news came. Gold finally made a high of $1328 on the last...
if we look monthly chart we can see there is a resistance and support resistance 1520 support 1280 but im thinking gold before 1520 need collect and keep power so im thinking gold short 1280 from 1342. There is resistance 1338 but im thinking gold will break 1338 will clear sell positions then fell 1280...
Hello traders 1241 sl lm thinking gold can go up ...Because when is time to correction index gold should wait up....Gold move everytime befor than Market
The trend-resistance line wasn't crossed, more precisely, the dayly candlestick didn't close above it.
SELL: As for several hours as until the end of the day and until the end of this week
SL @1301
TP1 @ 1251
I Will write a quiet long insight in ten minutes but now start shorting.
If gold breakouts 1301 go long ( probably something bad happened )
SL @1301
TP1 @ 1251
Gold saw a steady week with sideways to upward movement in prices as it gained almost $5. Gold had a single volatile day in the week (Friday) where it swung over $13 on both sides in a matter of minutes due to a crucial Special Fed commentary in which the rate hike possibilities were nullified thus fueling the gold prices. Gold had a positive closing which...
Gold has approached the weekly resistance and bounced off and is now in consolidation just below weekly resistance.
Watching for gold to break the bullish 4hr trendline as it has not been able to break 1300 in the past.
Morning outlook - XAU/USD heads towards 1,292.91
The way the bullion moved yesterday confirmed that a theory that a support area formed by a combination of the 200-hour SMA and the weekly PP near 1,284.70 was a stronger barrier than the 55- and 100-hour SMAs.
As a result, the pair broke to the top and has practically reached the monthly R1 at 1,292.91....
Gold closed flattish with a minor negative return after withstanding a week full of volatility. Gold plummeted nearly $24 in the early half of the week then recovered fully to hit fresh 9 month highs above the psychological $1300 barrier but failed to sustain as selling pressure pushed it back towards the support during the close. Gold was subject to the...
Gold soared $30 amidst geopolitical tensions after a week of consolidation as the dollar index remained near the lows. Gold completed the pattern of Triple Top when it hit the high of $1297 from where it retreated which was on expected lines. Gold can now head higher only if its able to cross the triple top pattern on a conclusive basis. With the pattern completed...
I want to share something I've noticed in these days
1. The gold price runs between MA84 and MA138 on 1 Month since 2014 August.
2. The gold price runs inside a triangle since 2015 December.
3. We are running inside a down channel since 2011 August and get 1st slow done by MA84 and finally supported by MA138 & Fib 50% at 2015 December.
So, after this triangle...
