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Goldforecastnew

GOLD SIMPLIFY BULLISH SETUP As we can see gold making falling wedge pattern on 4H timeframe , and potential inverted head and shoulder on 1H timeframe which mean he will reversal until we got confirmation the confirmation mean when he making high and higher low and then he making continuation pattern however gold can be bearish if he still respect the previous resistance @1790 but if he breakout as impulsive trend he will going up at least reach 1860 comment your perspective below !
OANDA:XAUUSDLong
by ITCFX
GOLDILOCKS AND THE THREE BEARSFORECASTING 2020-2021 GOLD PRICE MOVEMENT BASED ON FRACTAL FIBONACCI ANALYSIS AND CHART PATTERNS. GOLD ILOCKS RAN ALL THE WAY THE HOME. SHE NEVER RAN BACK INTO THE FOREST AND THE THREE BEARS NEVER SAW GOLD ILOCKS AGAIN... Be careful traders. Gold to become highly volitile in the months ahead. We have a long-term long bias on the PM however, always mitigate losses and hedge you positions as appropriate. Good luck! AMEX:JNUG AMEX:GDXJ AMEX:GDX TVC:GOLD AMEX:BTG AMEX:SILV NYSE:WPM FX_IDC:XAUUSD FOREXCOM:XAUUSD OANDA:XAUEUR FX_IDC:XAUCNY
OANDA:XAUUSDLong
by HandofGold
11
GDX POTENTIALLY TO SET BULLISH GARTLEYIn the weekly chart the movement of the GDX last month continues to decline out of the sideways channel and the triangle pattern is bearish. Although there is a rebound after touching the support at 18.55, bearish pressure is clear as long as the index value is still moving in the formed downtrend channel, or the index value is unable to move up above 22.93 as the previous swing high. A downtred push has the potential to set Bullish Gartley pattern if the GDX value touches to the next support in the 16.62 area, meaning if the pattern has been fulfilled then the last point of the pattern has the potential to be a reversal zone, a failed pattern is formed if the price turns up and exceeds 25.71.
AMEX:GDX
by yanuarmanalif
Gold Medium Term ideaGold broke the downtrend line on monthlies and almost a retest to that few weeks ago, my call for long around 1322 till 1359 met the target yesterday, but still I see lot of potential in Gold to move higher, On dailies it had ABC correction and then a nice rally with some consolidation and finally reached the target, In my opinion the recent low looks like a multi year low now, I am looking to build a longer term position targeting 1550$ by the end of this year,
FX:XAUUSDLong
by UmarAbdurRehman