gold advise

Jan 04, 2016 at 08:41
18,307 Views
523 Replies
Member Since Feb 15, 2016   165 posts
Jun 22, 2016 at 08:57
Friends,I strongly opine that gold is bearish now and would test 1190 or at least 1213.10,God-willing.
to turn humble investments into huge fortune with minimal risk ...
Member Since Dec 11, 2015   1487 posts
Jun 25, 2016 at 10:31
Is it bearish? People would continue to flock to Gold for safety in the coming weeks. I don't think it's very certain right now how bearish Gold is.
Member Since Nov 14, 2015   325 posts
Jun 25, 2016 at 15:17
It is likely capped around 1350 in the short-term. Long term could opens the 1400-1450, depending on damage to the UK and EU in the coming weeks and months.
Member Since Jun 11, 2016   8 posts
Jun 25, 2016 at 15:20
would you signal to me [email protected],tks
Member Since Oct 02, 2014   909 posts
Jun 26, 2016 at 15:39
Bearish on metals.
Positivity
Member Since Dec 11, 2015   1487 posts
Jun 27, 2016 at 08:48
I agree. There's a hanging man on the four-hour Gold time frame, I think it will start dropping. All positions I open for the time being will be short-term though.
Member Since Oct 11, 2013   775 posts
Jun 28, 2016 at 02:27
Gold is directionless, no trend, therefore it may go in any direction. The 1300 is stil support and the latest high at the 1358 resistance.
Member Since Sep 12, 2015   1948 posts
Jun 28, 2016 at 17:55
It's only worth trading at a time like this as flight to safety or Interests rates hike,traders won't sit and trade gold if there are higher returns in stocks.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Jun 30, 2016 at 08:03
alexforex007 posted:
Gold is directionless, no trend, therefore it may go in any direction. The 1300 is stil support and the latest high at the 1358 resistance.

You're right. I was hoping it would start dropping, but it's just consolidating sideways for now.
Member Since Nov 14, 2015   325 posts
Jun 30, 2016 at 08:07
It may hold the 1300-1330 range for a while.
Member Since Dec 11, 2015   1487 posts
Jul 03, 2016 at 09:39
It has already broken above 1330. I think next target is around 1360.
Member Since Oct 02, 2014   909 posts
Jul 03, 2016 at 16:04
Staying out, probably a correction is ahead.
Positivity
Member Since Sep 12, 2015   1948 posts
Jul 04, 2016 at 16:40
1357 ,I will be keeping an eye on,bouncing around the 1350 level,last major down was to 1346.Consolidation for now,still long.
"They mistook leverage with genius".
Member Since Oct 11, 2013   775 posts
Jul 05, 2016 at 05:28
Still good support at the 1358 level for gold. or the 1315 as support may provide a bullish entry.
Member Since Dec 11, 2015   1487 posts
Jul 05, 2016 at 08:23
It's still struggling to break above 1358. I think it might bounce off it.
Member Since Sep 12, 2015   1948 posts
Jul 05, 2016 at 08:31
Asia push down to 1338,1358 on the upper level ,we might get a move higher,my stop loss is just below 1338.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Jul 05, 2016 at 09:32
Watching it against EUR/USD,a higher low at 9.30am on Gold looking at the 7.30.Still looks long for now.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Jul 06, 2016 at 09:38
Looks like we are moving towards 1400,might get a pull back at that point.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Jul 10, 2016 at 10:50
I agree. Gold is very bearish and reaching 1400 seems almost inevitable.
Member Since Jul 12, 2016   78 posts
Jul 12, 2016 at 07:05
Buy gold on every down gold will reach to 1400
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.