Analysis team placed long on XAUUSD (GOLD) @1490.90 with 2 intra day targets on 23rd October, 2019: TP1 @1497.31 TP2 @1503.93
The grey shad is the first 2/3rd of the triangle (point of average breakout). Upward breakout has a 60%, downwards 40% according Bulkowski's research.
According to Bulkowski's reasearch- this has a 60% probability of upward breakout. It is not a Pennant in an uptrend (since it is over 3 weeks old).
Analysis team placed long on XAUUSD @1482.90 with 2 intra day targets on 2nd October, 2019: TP1 @1489.64 TP2 @1505.42
Gold digger this is the setup we are playing in gold for the next week. This long is with a very easy stop and good Risk to Reward. Will be looking for shorts on that if it goes back to
Pair has manages to set new highs,gone beyond zones i previously had making them resistance , however is the run exhausted and reversal occurring at this point or just retracement before rally continuation open for speculation
Hey guys! Below is an analysis of gold that I've decided to update from my previous posts. Points that are non-TA: - Golds looking strong with recession fears going through the roof and Trump having a constant affect on the value of gold causing a 52 week high to be reached in the last 2 days. - Expecting more trump hits which should send gold prices higher as...
Thanks for viewing, Overall I remain bullish on gold and silver, however, I am looking for a pull-back to add to my position. We may be looking forward to new all time highs in USD terms (gold has recently reached new all time highs in over 70 national currencies including first world western economies; e.g. AUD, NZD, CAD, Norwegian Krone). There are strong...
Thanks for viewing, After last weeks unexpectedly deep 50 basis point cut by the RBNZ the NZD has lost ground against USD www.ft.com Against a back-drop of a very bullish gold/USD price this has resulted in gold breaking its 2011 all time high. I get the feeling that the a new monetary easing policy (QE4?) is around the corner from the Fed, so we are at the...
Hi Everyone, We are at an important point to sell XAUAUD, and buy it again from 2000 To take more profit at 2189 to sell again to take more profit at 1953, Good Luck!
the pair XAUAUD seems to be forming a possible treble top. good potential return for a sell on it. watch out for the break down thou. Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Let the market force the trade, wait for a break of the current range and ride gold into the December highs. There are obviously many considerations we should assess when trading any market. But, two that stand out when trading gold, especially when it's strongly trending, are: 1) Whether gold is going up/down in other G10 currencies, and not just USDs 2) ...
WE expect US dollar to fall and the bond market to be propped up to force money into stocks and push stocks higher If gold falls --> Dollar go up --> the whole world falls in terms of fiat purchasing power --> Chaos Will they kill paper gold once and for all and make the world's fiat burn? Phenix rises? Debt has risen since 2011 why has gold and silver gone...
GOLD in AUD testing UpTrend Support.
What I'm seeing with the aussie dollar and gold, possible retest zone before continuation. See how rest of the day/following week plays out.