(Trade this on 1Broker in my signature link for no-fees BTC-settled markets with social trading)
1. You're told gold will moon.
2. Good news, news! It's dumping.
3. Gold price is fixed each day in London at those Rothschild bastard's headquarters
www.kitco.com
en.wikipedia.org
4. Gold supply is required for technology
5. Getting actual gold supply requires...
Gold is bouncing around near an in the meantime historic resistance level (highlighted as the 61,8% Fibonacci retracement level in yellow). If we look back at the second half of 2013 (see below), we see how it tries to break through but lacks the required juice to go for the 50% level. Somewhere beginning 2014, we see a second failed attempt. The yellow-ish...
Gold is in an uptrend channel.
Targets for 2018 are: 1170€, 1240€ and 1360€
A MT , le gold est dans le canal bleu
Actuellement il est dans le bas de ce canal, il devrait donc repartir à la hausse.
Mais avant il reste peut-être encore un peu de potentiel de baisse (1.050€)
Par contre, la ligne de résistance verte actuelle "2" devrait être cassée par le haut sous...
A set up for completely free money. XAUEUR pair. Check it out see if it is a setup you would be interested.
Remember this is not a signal. It is a decision you have to make based on analysis.
Use good risk management.
Let's catch pips this week.
The past is your lesson. The present your engine. The future; your motivation.
EURAUD appears to have formed a nice weekly bull flag which should take price up to the monthly/quarterly .618 fib... Ideally a major high forms there, establishing a right shoulder within this large H&S pattern and then dropping hard.
For the full analysis check out my site, PatsTrades.com
Opportunities covered:
1) XAU/EUR
2) EUR/AUD
3) GBP/AUD
4)...
My favorite opportunity at the moment and has bumped another trade I really love, EUR/AUD, down to #2 on my list.
Price appears to be forming a tidy bear flag on the quarterly/monthly. A break to the downside out of this pattern could easily lead to a retest of the flag bottom at the very least and potentially even the 1980 low which sits right next to the...
My gold index is evolving in a bear flag type of pattern which should resolve lower. although price currently hit the support line of its symetrical triangle which should provide a temporary bounce, I will be looking for short entries to target the 61.8% and 100% extension fibs.
Here is a set-up involving a strategy I have been testing The strategy is a mix of price, structure & cycles.
We should retrace back the 1170 area & from there we should close the gap. I believe EURO -0.39% is running low on fuel for the moment, it seems now it is time to retrace and possibly close the gap on EXY.
**You can zoom in on the chart & look into all...
Gold is going up to test the middle of the channel, resistance & previous high.
I think it will get rejected and be forced to test the bottom of the channel.
From there, either a correction or a new high in short time
Although this forecast might take months to be accomplished the pair is most likely to behave one of the following ways.
Either it goes down to the trendline of the pattern, consolidate and make a big move down.
Or it goes down to the trendline of the pattern, consolidate and make one last move up before going down.
I think we will have to come back to this chart...
