Black Friday saleUp to 70% OFF

Goldtrading

Don't miss the great buy opportunity in GoldTrading 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. . The RSI is at 65. Take Profits: TP1= @ 1288.15 TP2= @ 1292.95 TP3= @ 1303.25 SL= @ 1275.80
FX:XAUUSDLong
by ForecastCity_EU
LONGHello 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 to Skytocket Target $1450---$1500 In 6 month Time Frame Cheers..!! Please follow for more update Thanks Neelam
FX_IDC:XAUUSDLong
by NeelamTiwari
What will we do in Gold ?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 prime situation. If you are holding Long then just keep the stop loss of closing below $1304. For Bulls $1348 & $1372 are important levels if come. Utsav Babbar
COMEX:GC1!
by utsavbabbar93
Gold key pivot resistance is 1246 and key support around 1215Gold 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 and cup and handle bullish target 1302.. and reverse heads and should on break above target 1287.. and flag pattern target 1260... if reaches 1215 on daily closing next support 1210 to 1212.. unable to hold may target 1184... if 1180 breaks new low possible...may be 1130...
TVC:GOLD
by karagis75
Ignored us now face the consequences 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 and could affect gold and silver prices in short term and that seems to be the case for silver,The white metal declined at the start of the session but quickly erased all the downswing from it's initial low,we already mentioned that white metal could reach to about 16.600 and this level has already reached but the real question is silver about take a big decline same as in lat dec 2017? yes,that's very probable but here is a twist decline may not start immediately it can take some days to start,if you try to look at the lack of a visible rally in friday and compare it with proximity of the triangle apex reversal you will get your answer,in short we still may see a small rally in white metal in about 3-4 days before it plunges back we were and still are in a situation where white metal metal could decline sharply immediately or it could go up just a bit and then decline anyway.we don't think waiting for better prices in gold and silver will be an informed decision ,That's why we decided to increase our net short size in our portfolio management. in our last post we wrote which is still up to date In friday's intrday follow up,silver moved higher than its target level but gold didn't,it served a strong bearish sign as it was clear that silver is outperforming gold in a dramatic manner in short term,most of the time it helps to make big decline in white metal. session seems very similar to the mentioned nov 1 2017 session and implications therfore are bearish anyway mining stocks reversal-gold mining stocks moved much lower after the closing bell,thing to note is despite the rally and strength in S&P 500 It moved lower,really miners only had the strength for the intial rally,Before the closing bell bears had took control over the miners and bulls were exhausted, It's not happen very often when HUI index,miners and precious metals all generating the same signal,in short if you try to look at mining stock and precious metals it seems very likely that we are going to see big decline soon,only currency market is not cofirming our view at this point so it might postpone the decline for short term. Imagine the gold without usd you can't na? so let's jump right into our usd index the biggest factor which determines the prices of precious metals in near term,in our previous post we told that USD index was above its strong support level and big picture is remained bullish,USD index didn't even touched its support level but instead it moved higher,so did usd index already made its final bottom? Still as a portfolio manager/ trader we try to think without being attached to our current position so we could form a unbiased perspective on precious metal market what could go wrong-Breakdown below the 89.300 level will complete a short term head and shoulders pattern and this pushes prices down to feb low,it will means that 87.600 will be the next target but is it possible? in trading anything can but the probability is much-much lower as the multiple long term resistance level are present around the jan and feb low,on a short term head and shoulders pattern and this pushes prices down to feb low,on a short term basis a move below 89.300 can precide a quick decline to about 88.70,well this is a less likely outcome,the most probable outcome will be that we could see a rally above 91.20 which will precides a big rally to almost 94,this will be a very critical sign that small breakdown is invalidated below the very long term declining resistance overall our full net short position is justified at the time of publishing this article
FX_IDC:XAGUSDShort
by NeerajPandey
let's cover all 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 confirming our view even more,initially mining stocks declined but quickly take a upswing and erased the entire daily downswing,question which is arriving are miners going to form one more short term bullish wave? at this point it's rather unclear,for the very short term we don't have any valid confirmations of either bullish or bearish in mining stock,ok let's dive into gold chart and try to form a unbiased perspective so we could clearly see what's going on without being attached to our current net short position we already have wrote our thoughts on yellow metal and we don't want to repeat it every time,you can read it in our previous post but it's still up to date but the thing which we like to add today is the comparision of present scenario to 1st dec,2017,That particular session made a upswing in gold prices before it plunges back and breakdown below the 50-day moving average,you could see a small upswing in yellow metal before it collapse as it already broke below 50 day moving average yesterday after the U.S. jobs report as we expected silver took off,moved much higher than it's intraday low,you could still see rally in white metal up to 16.700 or so and it can decline from there,what does it mean for gold,our mentioned silver prices correspond to the gold prices of about 1338,we have given short term buy target for gold to 1335 and it reached but silver didn't,so once again it outperforms gold which is a strong sell sign,if we look at yesterday general stock market we could see that it moved higher and this could be a reason why silver took off but the point to note that mining stocks was almost flat,lagging mining stocks confirmed our bias even more The present situation is bearish anyway based on long term and short term basis,even if white metal and yellow metals moves higher which we are expecting to some it will not make any difference to our bias or portfolio,underperformence of mining stocks and strength in white metals making our bias even more valid We think that adding position size to our exisiting portfolio is now well justified and we could stll see some rally in both metals before the big decline continues we will keep you informed
FX_IDC:XAUUSDShort
by NeerajPandey
GOLD (W)Gold steadied last week after witnessing a steady decline is seen rebounding as the dollar seems to be tripping on reduced expectations for U.S. interest rate hikes next year. The dollar suffered its biggest drop in five months on Wednesday after minutes from the U.S. Federal Reserve's showed "many participants" were concerned inflation would stay below the bank's 2 percent target for longer than expected. The greenback was still nursing losses on Thursday,supporting dollar-priced gold by making it cheaper for non-U.S. On the charts too we note that the rise seen on the charts into the recent pullback into the lower channel. The previous pullback into the value region around 29440 we can note that the trends have been quite positive in reviving from those levels. Hence we conclude that we should be revisit our bullish bias and look towards initiating a long at current levels in the next few days. The resistance levels are at much higher levels and hence it would be a good spot to initiate a long. The positive momentum readings are in sync with the lower Pitchfork channel supports seen in the prices towards definitely suggesting that trend is poised to head higher. With prices holding the lower end of the channel one should look for a long opportunity at current levels for a rise towards 30000 on MCX Gold Charts for Indian Traders or $1300 for the international players.
FX_IDC:XAUINRLong
by Raja_Chart_Advise