In last weeks KOG Report we said we would like to see the market get some more buyers in a little higher up before again taking a decline. For that reason we were looking for the 1830-35 price point to get targeted and wanted to short the market from there. We said we wanted to short it back down into the 1815, 1810, 1800 and 1797 levels which the KOG target...
Gold has risen in three weeks due to a weaker dollar.
CPI data for the US was released on September 14th, and the earlier CPI data was 0.5 percent.
We may see a sideways market in gold this week.
I see a pullback around 1808 and 1800 as an opportunity to go long gold before the US CPI data is out.
My trading strategy isn't intended to be used as a signal...
Gold remained steady near its three week peak on Monday as the dollar recovered some ground but the prospects of more US Coronavirus relief spending and uncertainty around next month’s presidential election put a floor under prices. The Trump administration called on Congress to pass
a stripped -down Coronavirus relief bill using leftover funds, as negotiations on...
Gold Continues to move in a bearish bias. Here is my analysis as to how gold might move. I'm open to any and all constructive criticism and ideas, please! Thank You!
We saw gold bounce from the 51 (50) period MA on this one hour timeframe recently; and I have a feeling it could do the the same thing this upcoming week
Hope you are are doing with even with after some bad trades and loses
business = loss + profit
From my point of view this GOLD seems to me in down trend
Cypher
Rounded top
Bearish flag
continuation candle stick patterns
So the probability of the down is high then the up
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