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Goldusdollar

Gold Getting Ready For Higher Prices?As we examine the Gold chart we see the volatility has been increasing over the last few months. Many believe the price of Gold has become stagnant and will not perform well this year. As we look closely at the chart, we see the price has sold off over the last few weeks but seems to be holding support levels so far. It's possible we're seeing an Inverted Head & Shoulders pattern forming that could push the price above the 2011 previous all-time high. We'll need to be patient and see how price reacts over the next few weeks, but if we continue to see strength, then the likelihood of seeing new highs this year will increase by the day.
TVC:GOLDLong
by CryptoSyphn
GOLD IS BULLISH LONGTERMAiming towards 1910 on gold and then a breakout to higher resistance levels and hepfully pass the main ones i highlighed, specially the MAJOR resistance. 2K Stimulus strong possibility and a really good catalyst. Stimulus check might be a seperate standalone bill, so good news for gold if passes. More money printing for the other seperate bills that add up to similar government spending. GOLD bullish overall longterm. Maybe buy the rumor & sell the NEWS coming up(Christmas rally, Jan-Feb correction), Goodluck!
TVC:GOLDLong
by djpsypher
1
GOLD UPDATE- How far gold can Fall ?How far gold can fall, well harmonic patterns suggesting a probability of bat pattern , which can take gold price to 1716 levels, plus these levels are also aligned with price action support around 1680 levels. There is a intermediate support around 1800 levels, so keep an eye on price action around this level, you might see temporary bounce from here. So as of now, according to my analysis 1716- 1680 this is the zone up to which gold prices can or may fall. This bat pattern probability would get negated if price closed above 1970 levels. If in future I spot any changes in prices , I will update here accordingly. If you are trading this, you are trading completely on our own risk.
FX:XAUUSDShort
by manuagarwal21
1
Daily Gold price trend prediction !!30-Jun Price forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength. Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk Supply-Demand(S&D) strength Trend Analysis: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations. Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend. read more: www.pretiming.com D+1 Candlestick Color forecast: RED Candlestick %D+1 Range forecast: 0.1% (HIGH) ~ -0.3% (LOW), -0.2% (CLOSE) %AVG in case of rising: 0.8% (HIGH) ~ -0.1% (LOW), 0.6% (CLOSE) %AVG in case of falling: 0.3% (HIGH) ~ -0.7% (LOW), -0.4% (CLOSE)
TVC:GOLD
by pretiming
1
Don't miss the great sell opportunity in GoldTrading suggestion: . There is a possibility of temporary retracement to resistance support line (1280.90). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of downtrend is expected. . Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. . The RSI is at 29. Take Profits: TP1= @ 1272.90 TP2= @ 1260.60 TP3= @ 1240.55 SL= @ 1285.25
FX:XAUUSDShort
by ForecastCity
8