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Goldbullish

GOLD! BULLISH BUY AREASI haven't covered gold in a while but cant help but notice the possible upside potential from this metal (long term). There is a lot happening around the world and gold has always been there as the safe haven for big investors... over the past year price hasn't done much apart from move sideways and consolidate but does this mean something big is building? I hope so and these few areas I'm looking at that are hopefully going to put me in an opportunity to catch these big moves.
TVC:GOLD
by jamison_fx
17th September 2021: XAUUSD Bullish is coming 1905.00Gold has been a target. Gold has been misuse. Gold has been abused. HAVE A FAITH IN GOLD. IN GOLD WE TRUST. This is the motto we all have been used to hear. It has been haunted since childhood. My father always told me there is nothing to compare when comes to 'Gods money 💰' It has been since in generation around 1400 years ago and still being used until now. In gold we trust. I have never lose faith. Since August 2020 after the major peaked above $2000, gold has devalued down to $1783 today (article written) Gold has been abused by trader withdraw their saving in gold trading and put all their gold basket into cryptos. Gold has been reached to their worst value on $1680 after gold flash crashed. Now trending on $1783. While many speculative and analysis betting on 1770,1780,1790 were gold's phycological value. Printing money at their tremendous roar, people looking as stock and indices as their main portfolio investment while gold being misuse by letting gold is the secondary option of trading. All eyes on US dollar DXY. All eyes on crypto as crypto will be skyrocketting above $50,000 by this week. All eyes on FED on tapering by reduce their bond purchase monthly. All millionaire self made crypto from 18 years old is the treat to the society trading environment for the all market pump and dumps. While seeing all this risk putting into gold, gold will remain bullish and it is at its downtrend end this week, perhaps this month. Zezu Zaza 2048
OANDA:XAUUSDLong
by Zezu_Zaza
Outlook for Gold: Pullback presents an opportunity to buyHi everyone! Our call on gold last week is playing out nicely. For this week, we maintain a bullish bias on Gold, with prices holding above a key weekly and daily support area at 1763.14 - 1768.80, which lines up with the 78.6% and -27.2% retracement. A pullback to test this support zone presents an opportunity to play the bounce. Keeping in mind the views on the weekly time frame echo a bullish bias, a break above our H1 resistance could at 1794.50 could see more upside in gold prices, with 1820.20 as our next resistance target.
FOREXCOM:XAUUSDLong
by shermzT
IS THIS THE START OF THE BULL RUN FOR GOLD?We all know the story for gold. We all heard about it. Crazy estimates of 3000-5000 usd and even 10k usd price valuation. But after we hit over 2000 usd, price action went south really fast and nearly never corrected. Until it formed a double bottom recently. Bears cant go further and bulls started to win the fight. Now there is chance for a bull run. If price movement can close couple days above 50 day ema and previous support zone of 1756-1763, i do think we can be more optimistic about gold. Also it is important to note that when summer arrives gold prices tend to go higher. This coupled with the fact that fed will not raise rates this year and they probably will not change their bond buying program can cause huge price increase in gold market. Also US bond rates does seem to chill a bit and this can lead gold price rise even more. Everything looks optimistic for gold price if it can close couple candlestick on daily chart around this 50 day ema area. If not we cant be too optimistic until it close above this area. After all market expect decrease in quentitive easing and increase in interest rates in the foreseeable future. What you think about gold? Im heavily long in gold, at least for the short term, and want hear your idea!
TVC:GOLDLong
by thegreatwall38
4
GOLD SIMPLIFY BULLISH SETUP As we can see gold making falling wedge pattern on 4H timeframe , and potential inverted head and shoulder on 1H timeframe which mean he will reversal until we got confirmation the confirmation mean when he making high and higher low and then he making continuation pattern however gold can be bearish if he still respect the previous resistance @1790 but if he breakout as impulsive trend he will going up at least reach 1860 comment your perspective below !
OANDA:XAUUSDLong
by ITCFX
Gold Analysis 04/10/2020 -- Update 2After taking sells where we banked 90 pips, price broke above the range highlighted on the analysis last night. Instead of waiting for support to form, I waited for a retest and entered on the retest, so this was effectively a break and retest entry. As price reached the first target, I secured my entry and moved stops to BE. Price then reached my next target where I closed more partials leaving a 10% runner and I closed my final positions as we wicked off the resistance zone at 1918.50 securing 140 pips.
FX:XAUUSDLong
by mcrhf_fx