Gold/AUD XAUAUD

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) ...

yeah yeah.. AUD heading lower against USD which means GOLD in AUD will rise. yeah debase the currency to expand the debt .... no going back now.... everyones got enough debt in AUD already. saturation point is reached.

POSSIBLE TRADE COMING. TRADE WITH CARE AND PATIENCE.

It looked as though the price of GOLD had broken out mid week if you examined the candlestick chart but the GOLD price retreated by friday. We check the closing price using the line chart and see that breakout had actually failed to eventuate. We will wait for the coming months to see if the momentum moves to the upside. Will the AUDUSD move higher/lower. this...

Bouncing off strong upward trend line.

fdsanviluadbgflhfcsdchl

short

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.

XAUAUD SELL 1758/60 TG OPEN SL 1766 MORE INFO PM ME ........ DEMO CALL NO CHARTING EXPLAIN .....

GOOD TRADE IF YOU CAN TRADE THIS PAIR. YOU MUST HAVE A STRATEGY TO TRADE. TRADE WITH CARE

These almost always end up in profit. With the Australian Dollar falling on recent news of US job gains, it couldn't be a better time to hedge a percentage of your portfolio against gold.

Possible long position - Daily time frame

line chart showing a breakout of GOLD priced in $AUD

XAUAUD appears to be putting in place a symmetrical triangle, which generally leads to a continuation of the trend.

Possible flag pattern forming, still not completely formed. Waiting for breakout and confirmation

1day sell till the touch of the bottom triangle trendline

Classic Accumulation pattern showed by ADX, no Entry sign yet however given risk reward it looks good. This should a couple of days to hit Target One, May be few more weeks to target 3. Use trailing stop and adjust your stop loss as we move across Fib Targets