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Forex-gold

XAUUSDHellow, How You Doin So, Gold bearish in big timeframe, and small timeframe 1. EMA Down 2. Oscillator going to overbought zone 3. Dollar going up 4. Fibonacci prz These are Subsidiary reasons to convince you of course, The only main reason that makes me think to sell there, is supply zone ;) I'll be happy to read your opinion and ideas, Remember, we are speculators, not investors ;) Have a profitable day ________________________________________________________________________________________ Golden Trading Rules: Never average losses ________________________________________________________________________________________
FX_IDC:XAUUSDLong
by Aidin_Jabarpoor
Gold not moving that much. Needs confirmation candleGold is on the price wherein you do not know if it will go up or down. If this is the case, we should avoid trading it until there would be a confirmation candle to pop that it turn bullish or bearish. It is very important to follow the trend. I would recommend for you to place a Pending Buy and Sell Limit so that if it breaks out then you will have a trade for the day. Get our free signals here: t.me Like us on Facebook: www.facebook.com
OANDA:XAUUSD
by NathanielRondon
XAUUSDHello How Are You Doing We met demand and now we are going UP, to meet the supply, Long And short is up to you, i am telling you the way :) I'll be happy to read your opinion and ideas, Remember, we are speculators, not investors ;) Have a profitable day ________________________________________________________________________________________ Golden Trading Rules: The real money made in speculating has been in commitments showing in profit right from the start. ________________________________________________________________________________________
FX_IDC:XAUUSD
by Aidin_Jabarpoor
Palladium Is Leaving Gold In Its DustOften when we talk about commodities, the popular ones that come to mind are Gold and Silver. They have both performed well in the past. Gold is now looking interesting but has been stuck in consolidation since 2013 and silver is still range bound and requires multiple resistance levels ahead to be cleared before we will consider it. What good is trading an instrument purely based on its popular name if there is little chance to profit from it? Unhealthy attachments will kill your performance. Good trading is about being detached from the name and instead being able to focus on the charts to determine high-probability environments and setups. A commodity which is rarely spoken about and performing exceptionally well is Palladium. This metal is mostly used in catalytic converters for cars but can also be found in jewellery and dental fillings amongst other uses. With the way price is moving, you will also find Palladium on the watchlist of and in the trading accounts of some smart traders and investors. Why? Because price is rising, it is that simple! If we take a glance at the monthly timeframe we can see that price has been in a nice trend since January 2016 from a low of $454. Over the past few years, price has steadily been rising under the radar, moving up over 1,100 points which is an increase of over 250%. On the weekly timeframe, we experienced a strong trend from August 2018 at $833 to March 2019 at $1,615. This trend moved up by over 90% but came to a sudden halt in March 2019 where price pulled back and then moved into consolidation. The chart we can see is for the daily timeframe and we have highlighted the cup & handle chart pattern. In an uptrend, a cup & handle is a strong trend continuation pattern of the bull trend. Now that price has broken and closed above the high of this chart pattern, it confirms to us that the chart pattern has completed which is the first indication that we are likely to see the next leg up. Ideally, what we now need to happen is for price to pull back and retest the support, which was previous resistance. If the support level holds, we then need to see the buyers push price back up and break above a previous high as illustrated. This will confirm a continuation of the overall uptrend and we may see a strong trend to the upside. By applying patience and waiting for a pullback, retest of resistance-turned-support, followed by another breakout we drastically reduce the chances of getting caught in a potential head-fake which can happen after a lengthy period of consolidation. Applying patience is a key trait to a good trader as this will help us avoid an unnecessary loss if a head-fake does materialise on this initial breakout from consolidation. The daily 50sma is above the 200sma which indicates that we are indeed in an uptrend. Both the 20sma and The 50sma are likely to be used as support if a trend emerges which will help us with stop placement and exit management when our trading plan is met and we start placing long trades.
TVC:PALLADIUMLong
by Sublime_Trading
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