CMP 1785 1800 target would be healthful
1775 current poi Im a established gold bull and I see a strong start to Q3 for the precious metal Trade is invalid below 1770 which is a -50/60 pip SL depending on entry price 1:1 / 1:3 / 1:5 profit targets scale them out according to your plan make sure you book some profit at last weeks highs and 1800 mpp
Depending on alot of sign it seems like GC1! will be increased soon.
GOLD like DAX is very sensetive to EMA60-EMA1440 (exponential moving avrage 200) other not important you must put EMA200 on your chart (use MTF MAindicator ) like mine on chart in metatrader find this indicator = MTF ma
Depending on a lot of sign GC1! going to be With a huge endurance decreased and it's the perfect time to sell.
1,775 is a near term level that formed over on the 1-hour time frame. Price tested this level on June 30th (yesterday) and held above. If we see a break lower, then this is an indication that buyers remain weak. A more critical level to watch is the 1,765 as this formation originated back in April and has been holding up since. You can see take a look at the...
GBPCAD created higher low on h1. Sitting at weekly supp. Just taking it to next key levels.
Now that Gold is breaking out, all focus goes to the 4hr chart. I'm trading E-micro Gold futures ($/MGC), 2 contracts at a time. Strategy is to hold 1/2 position all the way up to $1,880 target. Day/Swing trade 1/2 position on the way up. I'll update my markers where I buy and sell moving forward. Links below show where I started building position. Stay Black.
Gold futures contracts GC have been rising on ongoing worries about economic recovery and unlimited QE. Further price advance is expected, possibly above $1900. Current chart shows negative divergence between RSI and gold price. However, the rally is still strong, targeting $1800 - $1825 level. A near-term pullback into $1742 area may offer a better entry point...
Gold priced in Aussie Dollar, Yen, and Euro all well above their respective 2011 or 2013 highs. With all the "dismantling" of the US dollar talk - a weak dollar would certainly aid Gold's move to new all-time highs. For the past 2.5 years, we've seen a strong dollar and strong precious metals market. USD rolling over, could be the boost this space needs..
Despite the long time spent trading gold horizontally, Although there are many components available to launch it strongly during the last period, However, he was unable to do so, his last attempts were today This clearly confirms the weakness of gold Therefore, a strong drop in gold is expected The stopping point is $ 1789 The expected first drop target is $...
1760-65 could be the best sell zone, but there's no sign of a valid strong rejection candle yet. This week we all waiting for a robust incoming catalyst; US Flash PMI, Final GDP, Jobless claims, Bank Stress Test Results, and the US PCE The previous analysis (June 19, 2020) failed, last week Powell gave a strong reason for Bull to hold their trade over the...
BE CAREFUL , GOLD FUTURE TOUCH 1800 (GC fut = spot gold +15) so trend can change to down see AC 240min