Downloading...
Download

Goldchart

XAUUSD gold set up for the foreseeable Gold has been ranging between 1500 and 1528 since Tuesday. This period has presented lots of entry opportunities both to buy and sell (highlighted using the ellipse). I found this tool applied with the stochastic a strong indicator and conformation of good entry points. As for next week I have a buy and sell limit in place and will keep looking for good entries! Again as a reminder to myself USE CORRECT RISK MANAGEMENT!!! As always I (we are learning!) Would love to hear your thoughts and share ideas! Good luck and enjoy the weekend!
FX_IDC:XAUUSD
by UnknownUnicorn4768308
GOLD MAJOR TREND: May Resume or TerminateGold registered Highest High @ 1453.00 last week during its Bull Run extended over weeks & months. Reasonably enough bars are there to form a rectangular Price - Range (1415.00 - 1430.00) after reversing from the weekend Top. Any 4 hour Bar closing above 1430.00 may resume the Major Trend. Buy the High of that up-closed Bar. Initial Stop-loss is @1426.00 & First Profit Target is @ 1445.00. Conversely if any 4 Hour Bar closing below 1415.00 may terminate the Major Trend or least it can initiate shorter term Bearish Trend. So Short the Low of That down-closed Bar. Initial stop-loss is @ 1419.00 & First Profit Target is @ 1400.00. For remaining traded LOTS , either trail the stop-loss or fix the Price-Targets.
TVC:GOLD
by khan_khosa
2
An Unseen Bullish Pattern For Gold is Forming?!It looks like Gold is forming an inverse Head and Shoulders pattern which is typically a bullish pattern. We can see that gold is trying to break the neckline of 1348 and per classic technical analysis theory the potential target of an H&S should be measured from the neckline to the lowest point of the Head, so if we take that line and put it at the expected breakout point, that would show a potential target of ~1500. Of course, I would expect some resistance and retracements along the way but technically that should be the target. In case we can break above 1360 level and retest it as support that would be a major bullish sign for me. We can also see from the VPVR indicator that the biggest resistance has already been cleared leaving us with huge support below. Time will tell...let's see what happens.
OANDA:XAUUSDLong
by Blade23
GOLD The Metal is under Fire after 1st August Weekly Bar LowerGOLD GOLD The Metal is under Fire after 1st August Weekly Bar Closes Lower as of 5pm Friday commodities close. With the U.S. Dollar looking to continue a Bullish pattern, GOLD has pushed lower all week long. The upcoming week should continue this Bear momentum as GOLD looks to return to July lows @ 1223.20. Current price 1258.40. Bulls will try to stage a resistance, but the previous 6 days of constant rejection of the 1273.20 level is just what the Bears needed to confirm a continuation in the Bear trend market currently pulling GOLD lower. @CryptoSeraph
TVC:GOLDShort
by CryptoSeraph
Gold recovery still confusingGold (23.03.2015) moved higher as mention in our last article just around swiss gold referendum & posted a higher above $1300 mark. However it felt sharply & reached to the previous bottom around $1138. Now gold showing recovery from previous bottom level & also broken from a shot term descending channel as shown in picture. However this breakout is not supported well in terms of volume & that force us to stay concern about this upside rally. The strength of this rally will be tested on $1205 once. On fundamental side a clear signal from FED to not raise the interest rate very soon & over bought conditions in dollar could support further. Based on above studies, gold probably will more higher towards $1205 in coming trading session & will test the strength on this mark. Note - Above technical analysis is not a buy/sell recommendation. For recommendations Contact Us Call Us : 088890 34986 www.mantracommodity.blogspot.in MCX levels -> S2(25900) S1(26010) cmp(26150) R1(26330) R2(26510)
FX:XAUUSDLong
by mantracommodity
1