Goldbuy
GOLD 3Day Chart - Take profits! Wait before re-entry! I say take profits if you have been longing already. Now is not a good time to buy in, but if you want to buy, wait for a retrace to support below (1500-ish and 1425), or wait for the breakthrough of this resistance and confirmation it flips into support. That's all. Keep your trading simple and stick to your plan.
GOLD NEUTRAL (LOOKING AT ALL POSSIBILITIES)So I usually don’t trade Gold but my BIAS on this pair for the upcoming week is NEUTRAL.
My reasons behind this are
-We have just broke above and retested a key Daily Resistance at 1527.11.
-We could continue up for a break above our previous Weekly Support/Resistance at 1570.65 then searching for a retest and targets at 1613.
-We also could reject 1570.65 for a push down to our previous Daily Resistance at 1527.11.
-We also break below previous Daily Resistance and search for a retest and targets of 1503.50 at our previous Demand Zone.
-One thing to note we haven’t came above 1570.65 since July 2011 so we could look at that to fuel whichever move we take.
I will not be looking to place any trades until one of these levels are either retested or broken.
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GOLD LONG BUTTERFLY FORM ON GOLD H1 .. ENTRY... 1496.80... TP1... 1507.26... TP2.. 1510.87... TP3.. 1516.86... SL... 1493.50
Bullish Flag on Weekly?Looks like bullish flag forming on weekly? if thats the case we will see 1290 again.
XAUUSD GOLD Weekly View XAUUSD GOLD Weekly View
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Short Term Signal to take profit and Hold bit
Gold sell limit at 1479.00
SL----1486.00
Tp1----1472.00
Tp2-------Open
XAUUSD Possible BuyXAUUSD Possible Buy
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Economic Confidence Model next Turning Point is January 2020!Find out more here: www.armstrongeconomics.com
Economic Confidence Model
GOLD BUY SIGNAL CUP OF HANDLEgold buy signal of h1 frame short
cup of handle and buy signal
IF 141X area can make 100 pips to first target TP1
goodluck guys
Gold W targetsXauUsd W targets are at 1450 (almost reached) and 1565. Be patient. This is W TF. It will take weeks to months to reach the target.
