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Gold-trading

GOLD SWING TRADE 07-Oct-2020The GOLD has lost its bullish ground on yesterday as the Economic stimulus talks went in vain and USD got some major bid And gold has reached 1875.00 broadly And its in retracement phase and we are expecting that it might reach the 1896.50 or 1900.00 level and will go bearish as this levels are the strong resistance for the bull SWING TRADE - GOLD Sell @ 1898.00 Take profit @ 1852.00 Stop lose @ 1922.00 Don't risk more than 1% of your capital
OANDA:XAUUSDShort
by forexorbit
7
XAUUSD | GOLD is currently heading towards the upside, however..PLEASE SUPPORT THE IDEA BY SMASHING LIKE AND GIVING A COMMENT <3 Hello Forex Trading Lions! PLEASE ENJOY THE FREE IDEA! Today we are having a look at GOLD, xauusd has just recently started gaining strength and putting pressure on the USD. There is a daily/12 hourly downtrend area of trendline sensitivity that could be respected, but if you want to join in for a quick swing or scalp this could work out fine. Its also respecting the moving averages which show bullish pressure. Follow & Check Out My Profile! PEACE <3
FX:XAUUSDLong
by FX-TradingLions
9
I still recommend longing Gold.Trade at your own risk, and with your own bias - but I do see a strong trend, with us having just confirmed it. This dip was a great opportunity for big players to join in - the gold rush. Highly recommend longing gold. I have shared an avalanche of Technical Analysis clearly expressing a weakening dollar. I am also still risk on within equities, but we will be pricing in political risk (uncertainty) in the coming days. I would prefer having that buying power in a safer asset, especially at the current highs.
COMEX:GC1!Long
by ZenMode
3