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GOLD-TRADE

XAUUSD 4HrGold , XAU/USD , I hope everyone out there had a good 'New Year's Bash'. Well now let's get back to work. As shared in my previous chart we talked about buying small lots @1785, and I hope you all closed it with insane pips of profit. As we see the precious metal hiked upto 1831 this week. As I have been got cut up partying too I couldn't manage time to share my setup update, but here it is! LETS MAKE SOME SERIOS MONEY! You see the Simple S&R levels, playing out good. We see some opportunity of buying here at 1800-1803, taking profit at 1823. Also we sell if the price escalate below 1800 and we take profit @ 1797 and then if rejected then @1789 which is the next support level. I hope my analysis will be helpful again for my followers and viewers. Please Share if you agree. Be careful with your risk management. Trade safe. Follow to learn and earn. Let's make money all together. CHEERS to this NEW YEAR!
OANDA:XAUUSD
by Europeanbulls
Gold: Don’t Buy now, wait for 1743.23We predicted gold to 1750, some people laughed. Now wait for 1743 then press Buy (Risk disclosure) Trading foreign exchange carries a high level of risk and may not be suitable for all investors/traders. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in 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 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 if you have any doubts. SafeTraders takes no responsibility for loss incurred as a result of our trading signals\ ideas\ insights. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a decision to copy our trades on your own account. We have no knowledge of the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions. We take no responsibility for money made or lost as a result of our signals\ ideas\ insights or advice on forex related products .
FOREXCOM:XAUUSDShort
by Safe-Traders
2
GOLD PREPARING FOR A HUGE SELL-OFF: MULTI YEAR ANALYSISAfter the crazy run-up we saw earlier this year GOLD is finally consolidating. Is it ready for a drop? The monthly RSI peaked at 84 points. The last few times that the monthly RSI peaked above 80 points we saw a retraction of 35% to 45% in the period after the RSI peaking. The $1400-$1500 level is chosen specifically because it’s an area of resistance which has been holding strong since 2006. ................................................................................................................................................................... If you like this analysis, please comment, subscribe and comment. ...................................................................................................................................................................
OANDA:XAUUSDShort
by FieryTrading
4
Gold: The best trade to make right now| Emerging currency TrendThe markets are driven by 3 key indicators: 1. Sentiment 2. Fundamentals 3. Technicals The sentiment on gold is that it's a safe haven. Gold always retains value. Gold moves in cycles that're far apart because it measures the value of things in society in relation to it's natural scarcity. The last gold move was after the 2008 recession. Before that there was a signaficant move around the dot com bubble. In this "Great Lockdown " there's bound to be a cyclical move in Au and all other commodities in sequence due to the fundamental inflation/deflation that's devalued in relative terms. The dollar is still the reserve currency - until the yuan gains that disrupts international trade flows. The demand for the USD is apparent. But I have 'strong opinions weakly held '. Flexibility is the name of the game and being firm and nimble is not a paradox but a requisite trait of professional traders who operate in the currency markets. Technicals are indispensable tools that enhance precision and are mastered by skillful professionals. All skills can be learned but trading remains the hardest way to make easy money. The major vice is risk management. Setting the golden ratio in the the trades will rationally lead to gold. Each trade is a ration of gold facilitated by the golden ratio in terms of returns garnered from risk-adjusted returns.
TVC:GOLDLong
by Money_Lab