End of the correction move price now back on resistance
XAUUSD 4H Resistance: 1153,00 Support: 1172.50 This is not investment advice
I'm looking to short gold inside the Sell zone as marked in the chart. Ideally I want to see divergence forming inside this box and then sell either with a bearish candle upon completion of the divergence or with the break of the most recent up trend line. Stop loss should be placed above last high created. Target 1 – 1271.30 (of course check your risk:reward...
JUST WAITING AND TARGET IS SHORT @ 1248 and long @ 1230
Copper just broke out of the uptrend and targets 2.15. Cheers!
PRICE SHOULD TEST AGAIN THE 1309.47 FIB LEVEL. PLACE A BUY ORDER AT 1309.47. STOP LOSS AT 1296.04
XAUUSD 4 H Long Resistance: 1.320 - 1.340 Support: 1.310 - 1.306 This is not investment advice
if Fed wants to hike the rate, they would make the NFM of Aug pretty good then hike the rate, but they didnt.So it's pretty obvious that the economy is not good enough for the fed to hike the rate in this year. it's good to long the gold when it pullback
ABX is the leader of the pack as it is one of the biggest and most famous gold miners and widely known for being owned by Warren Buffet. It is also the biggest component of GDX ETF. Today, the priced retraced and crossed the 38.2 FIB at 16.76 and immediately jumped up above 17. If this continues up and not cross below this level again, it will probably lead the...
XAUUSD is on an uptrend since January. After the NFP Report XAUUSD has been going up. This should continue until 1350, I will keep an eye on today's American announcement at 4.
keep it simple and stupid! trading area 11/8/2016 this is my idea, the risk is all yours!!! watch your money management!!!
There is a great potential sell setup forming in Gold on the H4 chart. Commodity has been trading higher for the past few weeks and it is not approaching good reversal levels, even if only for the short term. The bearish divergence is another confirmation for the bearish outlook Once the false breaks are there, next step is to look for a correction. Ideally we...
Must close >1,210.3 tomorrow to avoid it
Gold price is expected to make a pull back towards $1,150-$1,190 in order to complete wave 2 down, before the resumption of the larger bullish trend that has started. This scenario gets canceled if Gold price breaks below $1,045 or if the rise from $1,045 turns out to have a corrective pattern.
Needs time to wash early year's up thrust
Hidden bullish divergence on MACD and RSI Nice H4 pin bar for bullish run 1231-1241-1251 levels to focus 125x lvl preferable to close longs
Dollars been taking a beating. Pay attention to Gold and Silver ratios for a high of at least 86-87 to confirm lows on the metals market.
#GOLD $XAUUSD is poised for correction, RSI & MACD forming little divergence. I'll buy on pullback. $SLV $GLD $GDX $NUGT $DUST $JDST $JNUG