Gold
CFDs on Gold (US$ / OZ)
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1503.09). 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. ....
According to my wave count ( Elliot wave) we are going to see wave 5 soon after wave 4 will be sone at the level of 1440-1430 so we can have long position from that point by taking stop loss 1400 and target as explained in the chart. this is just a view which is only for educational purpose, please don't invest until you have some financial advice from an expert.
Hey, We can see that last week's gold prices were flat, but this week it can go down to 1488-1480 again!!!!! but my suggestion is to strong buy at any price close to 1480 for 3-4 days holding and for intraday 1486-1487 will be considered safe. The market will open for down about 2-3$ but it will rally up, I attached the resistance levels too.
Short Signal Entry ~ 1480.00 Stop Loss @1491.00 Take Profit @ 1450.00 This Entry Based on HS Neckline Breakout's Retest Level.
Alla rottura della resistenza abbiamo 2 target, è possibile gestire l'operazione in con trailing stop manuale ... oppure è anche preferibile gestire l'operazione senza stop loss avendo cura di fare molta attenzione all'operazione ...
GOLD will make a side way movement or will retrace back to the 15.12.00 level and then it may shoot up beyond the 15.25.00 level will further move up to 1525.00 for the coming weeks.
GOLD chart as it appears is a classic case of Symmetrical Triangle Breakout Up. It has given a breakout in the month of June 2019 & as per expectations is trading upwards since then. The volume at breakout was not significant but is slowly picking up pace. Though a throwback upto $1300 in short term cannot be ruled as the RSI & Stochastic have entered overbought...
Bullish over 1502 with 1507 and 1511 as price target Bearish below 1494 with 1487 and 1482 as price target