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Goldbuy

GOLD - Buy NowYes its correct buy gold and hold... Middle bollinger band is crossing the 50 EMA shows us a bullish movement. if you can see the chart has formed in invert head and shoulder pattern also which is a bullish movement. RSI line is retrace the from 50 level as well. Hold your gold and enjoy the profit. TP's and SL is up to you. Note: Trade at your own risk and fundamentals are not involved in this analysis. Like us and comment on us. Share your ideas. turningpointfx.com
OANDA:XAUUSDLong
by TuanMSallay
Gold Dip Buy, Where I'm TradingGold has just broken free of a 6 year solid accumulation trading range. After advancing solidly for some time now, we are pulling back to retest the top / resistance area of the 6 year trading range. Heavy volume is expected as traders of all types; institutions, professionals, retail etc look to re-enter the market at areas of strong historic institutional activity. My bias is overwhelmingly long for the near term. The areas indicated as 'Points of Entry' on the chart are positions where I am looking the the market to pullback and demand to push the market up. ( XAUUSD - Wyckoff Technical Analysis )
FX:XAUUSD
by Price_Action_Setups
GOLD LONGTRADE: ENTRY: 1465 OR 1439 (PRIMARY OR SECONDARY SUPPORT) SL: 1420 TP1: 1599 TP2: 1648 Overall trend is LONG. I have used Fibonacci sequence to find my key levels from various ABCD moves. I believe that Gold will come to either the Primary or Secondary Support levels as labelled, and reject to continue the uptrend. Which level it rejects I am unsure of at this current time, so I will be looking for candlestick patterns when it approaches each level to gather whether a rejection is likely. Happy trading! JJ
OANDA:XAUUSDLong
by JoeJagger