donovanh29

donovanh29 Updated 

Dollar holding strong ! Strong Dollar keeping Gold from breaking to the upside. Could see Gold test 1850 retracment level or even the 1800 levels. Short Targets: 1875 1850 1800 Please Like, Comment, Share. Look for updates during the week for some Trades.

donovanh29 Updated 

Update: "If price breaks and closes below 1940 looking for price to test 1930-1925 levels." And that was corrected Gold closed today @ 1925.28. Predication: Gold tested both trend line and Key support levels. If price doesnt break trend line or support level Gold will pivot and test 1945-1950 level. Long Targets: 1936 1945 1950 Longer Term: When Gold closes...

donovanh29 Updated 

Update: With the Fed hiking rates another 25 bps, I predicated that Gold would dropping from 1960 to about 1950-1940. Weekly low was 1942, then closed the week back around 1960 level. Prediction:1950 support @ Psych level, Also nice bounce off Fid retracment level. I see Gold moving about 2000. If Pice decides to keep dropping I don't see Gold closing under...

donovanh29

Could Gold be gearing up to make new time highs by the end of the year ? May of this year Gold has reaching all time highs but failed to close above 2075. Having price touch for the 3rd time weakening that area. I see Gold making its next step of staying above 2000. Support level @ 1900. Also created another support level this week @1950.It was Golds 3rd week in...

donovanh29 Updated 

Update: Had Gold dropping from 1977 to 1964. Gold ended up closing around 1960 at the end of the week. Predication: EMAs crossed over so if price breaks the red trend line Gold can possibly fall to 1940. Also if The Fed continues to hike rates another 25bps in their next meeting. I see Gold reaching between 1950-1940. If Fed decides to take a pause and price...

donovanh29 Updated 

Short Gold from 1977 to around 1964. Predicting price will reach fib retracment level @ around 1664. To look from buys for 16640 back to $2000 oz for Gold.

donovanh29 Updated 

Seeing price retrace, then making a push toward 1995.

donovanh29

- Cup & Handle formed on monthly. - If price breaks and closes over 2080, I see Gold moving toward 2500 and 3000.

donovanh29 Updated 

I see Gold pushing way past $2,025 per ounce, possibly $2,300. The charts are showing a nice bounce off trendline and off Fib retracment level.

donovanh29 Updated 

Price retest key level, that also line up with The Quarter level Theory. A nice bounce of the MA on the higher time frame. Scaled to the 1H for confirmation of MA cross over.

donovanh29 Updated 

Price failed to break through 1940 level. Creating a double bottom. Also driven by fear from the falling of major Banks, investors are fleeing to the safe haven precious metal GOLD !