Buygold
Gold been settling in, consolidation to breakout Have a look at this , Gold has been consolidating and been cooling off the over bought pressure.
Its well cooled off now, have a look at that Weekly 50 on the RSI ( has bounced back and been basis for
bull support over the last few bounces off trendline)
1775 level key level for a strong bounce
I had been waiting for this to drop, but this is too strong ... We should be smashing 2000 soon and beyond !!
CURRENCYCOM:GOLD
XAU/USD BUY OPPORTUNITYcurrently gold has hit a strong resistance, touched the 50 MA and also touched the 0.236 Fib level. I would buy with TP at 1875 previous high.
Gold Pullback is an opportunity to Buy againGold is probably going to start a minor pullback to finish a corrective wave 2)
that will be an opportunity to long again, as you may see in the chart above my count is impulsive, as i see gold may reach 1901 in the near term, and if broker 1057 again.
wave 2 can retrace 61.8-76.4 % of wave 1 that means the invalidation level is going to be near 1820's. if my count is correct we will expect the third wave to start soon, which is the longest and strongest in term of motive waves
Gold - Buy Set UpIn this Video we look at why Gold prices have risen from $800 an ounce in 2007 to $1,800 an ounce in 2020 as the U.S 10 Year Treasury Bond Interest Rates has declined.
Investors can no longer protect the purchasing power value of their dollars from Inflation through buying U.S Treasury bonds, as interest rates are now pegged close to 0.00% by the Federal Reserve so the U.S Government can borrow at cheap rates to help the U.S Economy coming out of the Covid-19 resession.
Gold has been in strong demand since 2007 when interest rates have been cut. The commodity loses it's value when interest rates go higher.
With President-elect, Joe Biden pushing to pass a $2 Trillion stimulus package in 2021, along with the FED strongly telling the markets rates will remain at 0.00% until at least 2023, investors have little choice to continue to buy Gold as a hedge against inflation.
Gold is already up 28% off the low's of this year and up 244% since 2007 when interest rates where cut to 0.00%.
Gold Buy Signal!!Gold retraced nicely from 1750/60 area, and i believe that the last bounce is impulsive as we can see a 5 wave formation momentum.
that means any pullback for gold between 1820-1805 level is an opportunity to long gold. i know that the vaccine news can work against our analysis but with all respect i think that the market already discounted the vaccination news.
so gold most probably will be affected by the stimulus program that will be adapted form the treasury.
Buy Gold ~450pipsI am currently in a buy on gold after my previous sell. I would be buying for about 450 pips.
***Please do your own analysis and share your thoughts. Thank you.
GOOLD ANALYSESHELLO TRADERS
GOLD IS PREPARING TO HAVE A VERY STRONG BULLISH TRAD NEXT WEEKS, BE IN RIGHT POSITION AND WAIT FOR IT
GOLD ZONE TO ZONEWeekly level once again acting vital for gold. Price bounced from weekly and I am expecting to see further upside potential. Anticipating a small retracement to the liquidity area and then rocketing to 1910 next magnetization area. #tradesafe #tfd #theforexdaddy
XAUUSD - GOLD LONGBoth the fundamental us uncertainty and the technical chart analysis point upward in the short run.
Trade at your discretion.
GOLD | JBWeeklyPredictions | 2050Close in profits buys.
And buy again at: 1885.
Tps: 1900, 1930, 1970, 2000, 2050.
SL: 1840
Let's GO!
If you want updates, come to our community.
See you.
JB.
Gold Will Shine againGold finished a corrective cycle A,B,C that reached 1845$ per ounce. the current structure of the bounce from the last low standing looks impulsive,
that means we are looking to start another motive wave labeled as 1,2,3,4,5.
the first wave that contains minor 5 waves is trading in an expanding triangular form, a minor corrective wave (2) retested previous wave 4 near 1886. we are now looking for another surge in gold that is expected to be the longest
and strongest wave labeled as (3).
the risk to reward ratio is perfect for this trade.
wishing you a good luck!!!!
Gold: BOOOM +430 Pips From Yesterday Call Congratulations AllThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD TO 1882.00Weakening Dollar means gold will fly, we've re-accumilated from the bottom and now are eyeing upside targets.
Gold 1D Long Gold finnaly touched the support of the channel, my vision is that gold goes back to the 2000’s as it should be.
I still think that selling gold is a mistake. Just my point of view.
Gold trend following strategy,Hello traders
Over the years, many techniques have been used in stock markets, and as far as possible, before market movements, in seeking the best investment and maximizing profit. Two tools stood out in this area: fundamental analysis and technical analysis.
The first seeks to determine the value of a company, analyzing the fundamentals of it, and trying to estimate its cash flows.
Technical analysis, on the other hand, gained popularity for those seeking short-term and medium-term gains, with operations based on methods and concepts, such as candlestick patterns, Fibonacci numbers, and Chat patterns.
Despite the instrumental numbers, a technical and fundamentals analysis studies the stock market relates past events to the present scenario and, mainly, a trend of the active target. It is this basic concept that is based on the Trend Following operating systems.
Trend following is the most consistently successful trading style of all time in financial markets.
Trend Following does not try to predict market movements, but rather to react to the movement that is happening at the moment, we never try to predict what is to come.
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Best regards,
Sandro and Gustavo.
Gold Signal: Ascendent Triangle + ABC PatternIn this updates, Gold in H1 timeframe is appears to forming a ascendent triangle, correlated Bitcoin is still bullish, why not gold do as Bitcoin do.
Well, we are complete the Elliot WAVE triangle cycle ABCD and we are in formation of E to left do it to the moon!!!
Now, that show in H4 timeframe that we are here in formation of accumulation zone to buy Gold, that is a great opportunity to continue buy Gold
For now, I still in long with Gold!!!
If you like my analysis and idea, I invite you to share my analysis with other peopls and traders to grow up my trading's reputation!!! i will aware you.
SILVER LONGING FOR LONGS. UPSIDE POTENTIALSilver has been in correlation with the famous metal Gold in anticipation for inflation due to the covid pandemic. It continues to be a form of hedge together with BTC and other precious metals. As DXY continues to devaluate due to easing/ money printing of trillions of dollars to save the economy, it will continue to further itself from its intrinsic value. This causes investors to flee from holding bonds, cash, and other forms of inflationary assets.
