TwitChute

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About me My focus is on short-term technical trading opportunities in Oil and Gold.
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OANDA:XAUUSD 50% | 1 FX:XAUUSD 50% | 1
TwitChute TwitChute XAUUSD, D, Long ,
XAUUSD: Buy Gold 14 month bullish channel back to long-term resistance
1050 11 16
XAUUSD, D Long
Buy Gold 14 month bullish channel back to long-term resistance

Given the resilience OANDA:XAUUSD has shown around the $1250 level it seems that it may have reached a short-term bottom that also matches up nicely to the bullish channel shown here. This suggests to me a retest of the long-term resistance trendline slightly above the $1300 level in the coming month. Uncertainty from the US elections should be supportive of ...

TwitChute TwitChute XAUUSD, 60, Short ,
XAUUSD: XAUUSD Forecast for the week starting 26th September
229 2 4
XAUUSD, 60 Short
XAUUSD Forecast for the week starting 26th September

Gold has been trading inversely to the USDJPY. USDJPY retested the 100 level and that's proven to be major support. A small recovery in the Yen will send Gold back to the 2016 support trend at $1320

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