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... declare the bullish Trading plan enabled, as this will only be the case with a monthly close above $ 1,380 / ounce.
The stock market likes to go the way of the biggest pain for the market participants. Therefore, I would not be surprised if the gold price breaks out of the red, slightly falling trend line in the short term, in order to...
Gold fulfill 0.618 retracement and hold on
1333 price which is relative support level in Monday market.
As consequence, we can anticipate gold may challenge 1350 level or to reach new high, moreover, 1347~1350 will be the obstacle that gold need to break through.
Consider long around at 1343 when Euro market open...
Now if a trader ever tells you that they have never blown an account punch them in the face! When I 1st started out I blew around £10,000 because I thought I knew best and didn't listen to anyone's advice... I learnt the hard way! Do you want to learn a 10k lesson? thought not haha.
On my journey I had to cut ties with lots of friends and family because they...
If you are looking to trade Gold SPDR Trust ETF (Exchange Traded Fund) or Gold XAUUSD cash market, the long term Gold GLD forecast is bullish. Gold ETF has been rallying for the last weeks creating new strong impulses on the weekly timeframe showing more strength on the bull side.
Currently we have a weekly supply imbalance in control around $126. As supply and...
Last week we published a buy signal that came exactly to his target (1354)
As we see clearly in the graph above, we have a model with serious resistance. Gold has not succeeded in breaching this resistance 6 times. At the moment, we believe that the gold will not succeed and we recommend a sell signal
Gold trading at 1338 holding support at 1333 and upside resistance at 1345., one can initiate buys from 1337 for upside till 1345-48 zone where will start correct fro there to till 1325 downside. Overall sell on rise is advised for the day
Current view showed gold was tried to break resistance on prices 1358.08 but it pullback price and ran into resistance on prices 1340.80 . Candlestick closed with shooting star pattern which is long upper shadow that indicate price maybe start falling.
Gold futures gave up much of their earlier gains on Friday, with...