as per analysis aurum proptech is good technically .retracemnt over my targer for this stock 213 ,236 .. do u own analis
Locally, the XAUUSD price broke through the downtrend lines. Now we are near the first resistance of 1900. The next liquidity level is near 1950. Many experts believe that the price will move sideways until geopolitical tensions subside or until the FED raises interest rates. However, even if rates start to rise with high inflation - the real interest rates are...
Gold short entries or long targets: - Fib at 0.618 1811.33 - Earlier top at 1814.0 - Fib at 0.786 1819.62 - Earlier top at 1820.25
Gold had tested the support level and broke its corrective channel up. Gold is ready to renew highs amid a weakening dollar and overheating of the US market. I am sure that 2021 will be very bullish for gold. Best regards EXCAVO
The global trend is upward. Locally, XAUUSD moves in a downward channel. The price is near the resistance level. I expect a correction of up to 50% Fibonacci. Best regards EXCAVO
Gold broke through the upward channel. It formed a descending channel and a triangle. After the breakdown of the horizontal support line, 1850 price level, we will target 50% Fibonacci level. Best regards EXCAVO
XAUUSD break out the resistance line the uptrend channel and now we go to 38.2% level Fibonacci Best regards EXCAVO
GOLD PRICE ACTION APPEARS TO BOUNCE BACK OVER THE PRICE OF 1515 BLOCKED BY THE LONG TIME RESISTANCE, BEARS TENDS TO TAKE CONTROL THIS WEEK , DUE TO FUNDAMENTAL REASONS TOO .. IT MOVES DOWN, NOTE - USE SMALL POSITION , DUE TO HIGH VOLATILITY IN THE MARKET
The price tight above the Mirror Level 1649.0 and if we will see a breaking down it can be a nice opportunity. But be careful today because the price moved more than 1 ATR. That's why it will be better to look for this trade tomorrow. The potential target is near $1611.0. Good luck! Dear followers, the best "Thank you" will be your likes and comments! Before to...
Sup guys ! Looks like Gold has strong bearish rejecting 1566.XXX area. Our strategy, 1- Short and Target at pre target price @ 1535 Good luck
Assalamualaikum and hye ! Looks like GOLD has completed wave i. Now assuming the wave ii is forming right now, it is best we can do to wait for its completion. Or simply wait for clear breakout to continue long for this trade. Our strategy: 1) By speculating price stay above our invalidation price @ 1535.756 , we buy dip 2) Or wait until complete wave ii and...
Hi Guys, the narrative of this post is the same applied to my post dated April 13, 2019 (below) Financial Crisis have driven Gold price up. CBs around the world have responded by implementing policies aimed to stabilize the financial System. The run started after the collapse of investment bank Lehman Brother when Gold retraced from 1032 to 730 in 2008. It took...
Hi Guys, It's Dec.24th, Christmas Eve, and Gold has just crossed the descending trendline of the following chart ( Click & Play it to watch it unfold ) The breakout have written "buy me" all over it. It could easly climb back above 1500 considering the current bullish outlook. There is no doubt that such a move will attract lots of buyers aiming for highs above...
Hi Guys, just a snapshot. Interesting to see how differently Gold reacts to FED policies. At the end of 2015 FED started hiking (Gold in 2016: www.kitco.com) In 2019 FED made three cuts. But in both occasions Gold always made a run. This is because Gold react on the impact that FED policies have on the economy and especially as an INSURANCE POLICY vs impact...
Hi Guys, here just some thoughts. With US equities in Christmas Rally mode I am not confident the descending trandline will be crossed. However, since Gold is a commodity and not only a safehaven, maybe the chances are higher then I'd expect. TO NOTE STRONG RESISTANCE AT 1480 (last week Gold was rejected 5 times at this level, one for each day of the week)...
Hi Guys, At the end of last week risks such as Brexit and US China deal faded but Gold didn't react as many were expecting. Gold has been ranging between 1474 and 1480 since Mon. Two fake breakouts occurred on Wed and on Thu. The 20BB tries to capture this week's range inside above levels. If we consider that Gold reached 1550 with FED cutting rates I do...