Silver looks to have formed bullish Wolfe Pattern on daily chart. Breakout has already taken place. Silver should touch $15.65 by ETA of 13th May 2019 (converging point of wedge). Wave 1 took 11 days , wave 2 took 11 days, wave 3 is much shorter and took 4 days (aberration), Wave 4 took 10 days. If we go for symmetry then we won't find as Point 1 to 3 took 22 days...
Gold continued to trade in the defined range similar to the previous week ending with cuts of more than $6. The week saw gold getting battered towards the low again as the Fed’s policy outcome was dovish for the dollar. The week again has important fundamental news majorly the U.S – China trade talks which is presumed to be at the last level of round of talks....
Here is what i feel gold can do lets hope for best
Gold is in big bear market and i am giving you an idea and a prediction of what could happen next. exit condition = breaking ema 21 or 1330+ area and just wait for an update. Big bear has not been played out yet
Its highly expected Spot Gold ( OANDA:XAUUSD ) to go further down. We can trade this as normal with 1:3. GOOD LUCK. Always maintain your risk as Shorting Gold is always kinda a risk.
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...
Gold prices kept falling in the channel, Today focus on the NFP deta, Suggest that investors remain short in high, Or Sell Limit at 1276-1278, TP 1260 SL 1290 Follow Me! Show U The Money! --------------------------------Ronnie 2019.05.03 in
Gold made a new low before settling near the highs for the week. Again it was a $20-$22 ranged week where gold posted gains of $13 which can be considered as a retracement from the lows as prevailing situations did not alter much to enable a shift in the trend. The week has important fundamental events with the spotlight on Fed’s interest rate decision which will...
Silver is trading near the support of Golden Ratio (61.8%). Silver had faced hurdle at $ 14.60-15 range when it posted bottom at $ 13.89. It has now become support zone.White metal has bounced from 61.8% retracement of rally from $13.89 to $16.21 which is $14.78. Resistance on higher side is at $ 15.12 and $15.40. ROC and Stochastic are showing positive divergence...
Gold continued its downtrend falling $15 in the week which again was a $20-$22 ranged one. The fresh decline raises the bar for further downside as technical support of a pattern gave way which was also retested it the week itself allowing it to become an immediate resistance for the price going ahead. Fundamental news keep coming out and last week saw the...
Trading suggestion: . There is a possibility of temporary retracement to resistance support line (1280.90). 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 downtrend is expected. . Price is below WEMA21, if price rises more, this line can act...
But Vedanta Limited at 184 Stoploss is weekly closing below 146 Target 235 311
Gold continued to consolidate in a $20-$22 band with actual movement being less than a dollar maintaining the bearish momentum. The highs were sold into as risk-on re-emerged strongly owing to fundamental developments and better than expected data from America. The bar created looks very bearish and fresh lows are expected as tensions around the globe seem to take...
Good breakout with volumes, can touch 70 in medium term. Keep an eye on other metal stocks.
triangle pattern has formed with a confirmation of double bottom expect it to break up refer chart for details
Gold has turned positive on stochastic. Trader can buy at cmp $ 1300 with stop loss of $ 1290.