Gold XAU/USD (Priming for the next move UP?)
Updated
View On Gold XAU/USD (13 July 2021)
The Bulls in this instrument are not giving up just yet.
Now they are using $1,770~$1,790 as a strong support region to launch further upside move.
In the near term, it should easily retake the swing of $1,820 region and $1,840~$1,850 thereafter.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
The Bulls in this instrument are not giving up just yet.
Now they are using $1,770~$1,790 as a strong support region to launch further upside move.
In the near term, it should easily retake the swing of $1,820 region and $1,840~$1,850 thereafter.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Note
Updated View On Gold XAU/USD (15 July 2021)Did you follow our GOLD analysis on 13 July?
It hit our expected take profit(TP) level. Well, almost.
I expect it shall go to $1,840~$1,850 region.
Note
Updated View On Gold XAU/USD (20 July 2021)We had a strong Pin Bar yesterday and it can spell the bullishness.
We shall still see $1,840~$1,850 soon.
We had a strong BULL rally last week during the first wave of covid and it can repeat the same process again.
Note
Updated View On Gold XAU/USD (28 July 2021)Gold is in the Yo-Yo condition and it can be take some time untill the next strong move.
I'm seeing $1,770~$1,790 shall act as a strong cushion.
Today we have FOMC item and it can have big swings.
So depoly your proper Risk Management.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Note
Updated View On Gold XAU/USD (3 Aug 2021)We still hold the same view on GOLD, as the last one.
Overall, we can expect yo-yo session with $1,790~$1,800 as the support region while $1,830 as the resistant.
If you want to buy in $1,790~$1,800 will be a better region to do so. So, it is better to wait it our for now.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
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