Gold News

May 26, 2017 at 06:13
609 Views
6 Replies
Member Since Dec 22, 2016   18 posts
May 26, 2017 at 06:13
Here's an update with the gold, (https://www.funds-money.com/gold-inched-lower/) U.S. gold futures edged down $5.90 and trades at $1,255.50 per ounce, while spot gold was marginally lower by 0.48 percent to finish at $1,255.40 an ounce, it added as much as 3.6 percent since May 9. What do you think will be the best step for it?
Member Since Dec 11, 2015   1487 posts
May 26, 2017 at 06:32
Gold is consolidating but I think it will rally again once the consolidation ends.
Member Since Jun 01, 2017   13 posts
Jun 01, 2017 at 14:57
I am Long gold and am adding to my position during the consolidation. Fingers crossed for a move upwards!
Member Since Apr 18, 2017   718 posts
Jun 19, 2017 at 10:23
According to the daily chart, now we are in a range, but I have just opened a buy trade in order to the intraday context (h4)! Here my initial target is 120 pips with 35 pips SL!
Member Since Dec 11, 2015   1487 posts
Jun 20, 2017 at 12:41
AmDiab posted:
According to the daily chart, now we are in a range, but I have just opened a buy trade in order to the intraday context (h4)! Here my initial target is 120 pips with 35 pips SL!

Why a buy trade, I am not seeing any signal for a rally?
Member Since Apr 18, 2017   45 posts
Jul 09, 2017 at 14:47
HenritteC posted:
Here's an update with the gold, (https://www.funds-money.com/gold-inched-lower/) U.S. gold futures edged down $5.90 and trades at $1,255.50 per ounce, while spot gold was marginally lower by 0.48 percent to finish at $1,255.40 an ounce, it added as much as 3.6 percent since May 9. What do you think will be the best step for it?

Last Friday was outstanding! I opened a sell trade on the Thursday according to the H1 pin bar setup! Till now I am holding on that trade although I am with 125 pips profit! My initial target is 234pips (daily support level).
Member Since Apr 18, 2017   718 posts
Nov 21, 2017 at 07:29
MeuLugar posted:
HenritteC posted:
Here's an update with the gold, (https://www.funds-money.com/gold-inched-lower/) U.S. gold futures edged down $5.90 and trades at $1,255.50 per ounce, while spot gold was marginally lower by 0.48 percent to finish at $1,255.40 an ounce, it added as much as 3.6 percent since May 9. What do you think will be the best step for it?

Last Friday was outstanding! I opened a sell trade on the Thursday according to the H1 pin bar setup! Till now I am holding on that trade although I am with 125 pips profit! My initial target is 234pips (daily support level).

I think you an expert trader on Gold instrument! Well done! By the way, what’s the name of your trading strategy?
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