gold advise
Mar 06, 2016 at 12:23
It seems to me most online gold analysis sites are biased, they are all super bullish at this time, in an efort to get you to buy their bullion. I believe the market will pull back next week, to as low as $1160, before setting new direction again.
Mitglied seit Dec 11, 2015
1487 Posts
Mar 15, 2016 at 11:11
VERGIS78 posted:
It seems to me most online gold analysis sites are biased, they are all super bullish at this time, in an efort to get you to buy their bullion. I believe the market will pull back next week, to as low as $1160, before setting new direction again.
That's really weird, because there's no way Gold is bullish right now. Even if retraces back to 1242 it will continue dropping afterwards.
Mitglied seit Mar 16, 2016
1 Posts
Mar 16, 2016 at 07:16
forumnoob posted:
i like to have advise from experienced traders,
will gold rise or drop and where should i open trade and put s/l and t/p
for upcomming 3 to 5 days.
and wish the community the best in trading .
I guess as a trader you shouldn't care which way Gold goes as long as it moves :) I've started a project for XAUUSD recently: https://investocanada.wordpress.com
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Mitglied seit Dec 11, 2015
1487 Posts
Mar 16, 2016 at 10:22
I think gold will continue dropping towards the next support at 1200.
Mitglied seit Oct 02, 2014
909 Posts
Mar 18, 2016 at 08:52
Expecting $1,230 again.
Positivity
Mitglied seit Dec 11, 2015
1487 Posts
Mar 18, 2016 at 11:03
arigoldman posted:
Expecting $1,230 again.
Most likely, especially considering that shooting star candlestick on the daily time frame.
Mar 20, 2016 at 08:43
VERGIS78 posted:
I expect gold to finally go lower, over the current year, but some indicators are strong suggesting a possible spike through $1300 in the coming week / 10 days. Right now I have no clue on direction
There is a signal that it will fall, but beyond that I am not sure either.
Mitglied seit Dec 11, 2015
1487 Posts
Mar 22, 2016 at 09:54
VERGIS78 posted:
it is set up to go through $1300, likely next week, I'd get out of all short trades for now, it could rally $50, to $70, ($1320)
Perhaps. This week, however, we'll probably see range and more range.
Mitglied seit Oct 02, 2014
909 Posts
Mar 22, 2016 at 17:08
Gold made a high of $1,260 due to the events in Brussels today. Consolidated around $1,255.
Positivity
Mitglied seit Dec 11, 2015
1487 Posts
Mar 23, 2016 at 10:35
I would really rather not have the market move due to events like these. :(
Either way though, it's back to testing 1.1230. Perhaps it will break below that support this time.
Either way though, it's back to testing 1.1230. Perhaps it will break below that support this time.
Mitglied seit Oct 02, 2014
909 Posts
Mar 30, 2016 at 12:49
$1,243 immediate resistance.
Positivity
Mitglied seit Oct 11, 2013
775 Posts
Mar 31, 2016 at 05:08
Gold is in a bearish correction but the 1200 level could act as support. The high at the 1280 could act as resistance.
Mitglied seit Oct 11, 2013
775 Posts
Apr 06, 2016 at 04:12
The 55 day EMA on gold, around the 1210 level, may hold gold in place and the commodity may continue rallying.
