We could be looking at Gold exceeding $2700 this week!!! With no sign that gold wants to slow down and continual parabolic movement to the upside I have laid out two clear scenarios of what price could do this week. Scenario A: We have seen a clear Choch and Bos to the downside on the 1H leaving us with a nice 18h supply to the upside which price will push up to...
Wednesday (August 9th) spot gold remained volatile, currently trading around $1,928, the next day spot gold fluctuated downward, fell below the 1930 mark and fell to an intraday low of $1,922.83 in the U.S. session, and the U.S. dollar index climbed across the board European risk-sensitive currencies fell on a worsening global outlook, with gold falling to its...
Gold Breaking Above 1787 we should go for sell and upside $1800/1805. On the other hand, Breaking below $1775 will open the door to $175-.40 Buy Stop 1787 SL: 1775 TP: 1800/1805 On the Other hand, Sell stop@ 1775 SL: 1787 TP: 1750