goldtrade

The shiny metal went past the 1355 level on friday and on the same day reverted back to end the day on a negative note, which indicated that the buyers ran out of steam. Today, the prices breached the immediate intra - day support of 1337.88, which further supports the bears. Moreover, on daily basis, the prices are showing divergence with the RSI indicators,...

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1279.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1310.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1310.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....

Here is what i feel gold can do lets hope for best

As per the previous updates on the blog & other social media that Gold will soon HIT $1285. Today trading at $1285, So further in this week. If closes below $1275 Then the further move will towards $1257 & $1244. So, For Bears Today is a Good day to book there shorts with $60 points & sit relax for a new entry. For Bulls they can put the stop loss of closing...

So as per my previous posts gold hit $1294 So now we are waiting for $1285. Further will update. Utsav Babbar

Gold Update: Hello Everyone, Gold is moving in the range as defined in the previous posts which you can see on my blog marketfightersequity.blogspot.in . So the bulls & bears all are silent now because of the monthly closing is on the way. If you are holding shorts then keep same stop loss of closing above $1372. For Bears, day closing below $1322 will be a...

Gold Spot broke major resistance of $1300 and now retracing its gain. This could be buying opportunity at lower levels with support of $1290-$1288. With Higher price Target of $1318.

Hello Traders & Investors,!! Here i m Sharing my #GOLD #Xaususd Prediction about Long Gold for Investment view and short Term to Mid term Trading Idea Gold Break all resistance today and Trading now $1298 Holding Major Support Constantly $1275 Now we Can Enter long If close above $1300 Then 1st Target will be $1345---$1368 once close above $1368 we can reach...

As per chart Gold retraces gains and consolidate around $1235-$1238. It can Rise till $1244-$1246 with entry around $1239-$1239.5 If it trades above $1240 can gain momentum on upside.

Gold seems to be forming sequence of bullish pattern.. First it flagged from bottom of 1160 then it showing cup and handle and resistance seems to be around 1246 ... and critical support for recent reverse heads and should is 1215.. which can be used stop loss.. and try to buy near 1224 .to 1226.. on break above 1246.. on daily closing can reach 1260 flag target ...

Sell On High---

Gold looks ripe for a breakout of the asscending triangle. Will be entering on the breakout. Pattern Targets around 1322.5-1323 levels, but I would be closing off the trade at around 1315 levels which is a strong horizontal resistance. The pattern targets can be considered as 2nd profit taking levels by moving stops to cost.

Long above the green line for a 5% upmove in gold. Short below the red line for a 5% downmove similarly in gold.

Gold if holding 1345 levels, then can see 1360/-++ levels in near terms, Risk Reward Ratio will be in favor, keeping stop loss below 1345 for upside target.

in.tradingview.com In short our additional full net short size in both of our precious metals is well justified from the reward and risk perspective at the time of writing this article/idea In our previous post we already mentioned many times that friday's session can be volatile and very tricky to predict...

we are adding position size to our existing net short portfolio and at the time of writing this ariticle/idea our full short position in gold and silver is well justified from the measurement of risk and reward, The usd index end up moving higher yesterday and the price of gold fell a little bit,this should be seen as sign of strength but mining stocks are...