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Goldbuy

Gold Looking Bullish AgainI posted on Gold last week that I was expecting a big move. It dropped a bit after that but now is looking like breaking higher. It now looks like it has broken a resistance and is rising to the trendline. I expect it to break above the trendline as well and test the next resistance. For a safer entry you can wait for it to retrace from this resistance level to enter, I am already long though. The previous high of 1960 is a good target although I am holding this long term to reach new all time highs. SL can be around 1825
OANDA:XAUUSDLong
by olly48
1
Gold Hit Tp1 +220 Pips And Continue To Who Entered This Trade With Me Please Secure Your Trade And Collect Your Profits This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
FX:XAUUSDLong
by FX_Elite_Club
2
Gold to Breakout SoonI think we could see a big breakout on Gold soon. It has been consolidating very close to the trendline in the past few weeks. It did have a fake breakout in the early part of January but is now settled back below the trend. From the high in August it has already retraced to 0.5 Fibonacci before rising and now sitting on 0.382 Fib. I think it will breakout and test the 1960 level in the next few weeks. I am looking at this as a very long term trade personally, I have a target of 2325. But for short term trades a target of 1960 from here would be good.
OANDA:XAUUSDLong
by olly48