forged

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About me I trade mainly stock market since 2000. But, I do trade CFD & futures occasionally when the time is right. My investment view is mainly based on 7 years, 21 years & 49 years economic cycles.
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Markets Allocation
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Top Mentioned Symbols
XAUUSD 100% | 35
forged forged XAUUSD, D, Short ,
XAUUSD: Gold 3rd leg is coming
72 1 7
XAUUSD, D Short
Gold 3rd leg is coming

Short

forged forged XAUUSD, D,
XAUUSD: Gold mid term direction until end of 2017
104 0 4
XAUUSD, D
Gold mid term direction until end of 2017

It will break either way.

forged forged XAUUSD, D, Short ,
XAUUSD: Gold will test Mid 1240s or Low 1230s
70 0 4
XAUUSD, D Short
Gold will test Mid 1240s or Low 1230s

Short

forged forged XAUUSD, D, Long ,
XAUUSD: Gold textbook correction then up
97 0 4
XAUUSD, D Long
Gold textbook correction then up

I think Gold will go up from here to around 1330.

forged forged XAUUSD, D, Long ,
XAUUSD: Gold has broken the 6 yrs old down trendline
121 0 4
XAUUSD, D Long
Gold has broken the 6 yrs old down trendline

Officially, gold is in the begining of long term bullish momentum.

forged forged XAUUSD, D,
XAUUSD: Punch through or dive
172 1 7
XAUUSD, D
Punch through or dive

Punch through will start the new gold long term bull run.

forged forged XAUUSD, D,
XAUUSD: 25% vs 75% chance
184 1 10
XAUUSD, D
25% vs 75% chance

Punching through 6 yrs old trendline has lower odd than technical correction. Place your bet gamblers......

forged forged XAUUSD, D, Long ,
XAUUSD: Gold is going to $1200 resistance
88 0 3
XAUUSD, D Long
Gold is going to $1200 resistance

Long from here, close at $1200

forged forged XAUUSD, D, Short ,
XAUUSD: Gold Head & Shoulder
101 0 2
XAUUSD, D Short
Gold Head & Shoulder

The formation is obvious

forged forged XAUUSD, D, Short ,
XAUUSD: Gold rally is over ?
102 0 2
XAUUSD, D Short
Gold rally is over ?

$1045 could the next target. Dec rate hike is almost a certainty. Don't fight the market.

forged forged XAUUSD, D,
XAUUSD: Tale of two billionaires & their gold holding
115 0 5
XAUUSD, D
Tale of two billionaires & their gold holding

This is just for your information.

forged forged XAUUSD, D, Short ,
XAUUSD: Gold after Trump victory
112 0 2
XAUUSD, D Short
Gold after Trump victory

Most people get it wrong predicting Trump is bullish for gold. In fact his new policies & plans, he is actually actually quite bullish for the dollar & market (not gold). Target 1225 & 1200

forged forged XAUUSD, D,
XAUUSD: 1300 Neckline support before the election
119 0 3
XAUUSD, D
1300 Neckline support before the election

Trump winning the election could send the price of gold to $1500+

forged forged XAUUSD, D,
XAUUSD: Oversold & overbought signal into election week
147 0 2
XAUUSD, D
Oversold & overbought signal into election week

Breakout is above 1325-1330. Make your own decision.

forged forged XAUUSD, D,
XAUUSD: Gold direction into the next NFP, election & rate decision (2)
163 2 5
XAUUSD, D
Gold direction into the next NFP, election & rate decision (2)

Different view from my previous chart... Bullish price channel. Watch out for imminent showdown in Syria between Russia & USA.

forged forged XAUUSD, D,
XAUUSD: Gold direction into the next NFP, election & rate decision
95 0 5
XAUUSD, D
Gold direction into the next NFP, election & rate decision

It's becoming unpredictable. Not sure which direction it will go.

forged forged XAUUSD, D,
XAUUSD: Strong support at 1255 going into NFP
83 2 4
XAUUSD, D
Strong support at 1255 going into NFP

We go from there...

forged forged XAUUSD, D,
XAUUSD: Gold is waiting to react for September stock market collapse
129 0 3
XAUUSD, D
Gold is waiting to react for September stock market collapse

Every 7th / 8th year in the month of September, before the presidential election, stock market always collapse, always coincidence when DOW & S&P touched all time high. I'm waiting to see if gold can truly be the safe heaven again when everything fails. There are simply too many triggers to pop one of the bubbles.

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