Goldsecrets
Gold - Bounce towards $1,275 is nextOnce again I am looking at the weekly chart for gold which is oversold and close to very strong support around $1,190 - $1,210.
Of course the price action during the last 18 weeks has been disappointing but there is still a good chance that this is the typical deep retracement after the first up-leg in this new bull-market. In the next step gold needs to break the five year downtrend-line currently sitting around $1,325.
But below $1,170 - $1,180 the "just another bear-market rally" thesis is confirmed.. Remember my head&shoulder backup plan from a months ago...
In any case I expect a bounce to start from $1,210 next week targeting at least $1,275! Buy gold!
Ride the GOLD waves - Pyramids are real broCheck out this Elliot Wave driven technical analysis punt from me.
Gold has a lovely growing rolling pyramid structure that is generated mostly through particular price and event patterns.
Simple LONG hold here. Buy big or go home. Hold long or mess about stepping in and out.
Easy profitable trade IMO.
Golden heights - XAUUSD The future, predictedAfter the birth into a brand new not so shiny market, I can happily say a vast majority of our active clients listened well and entered into XUAUSD positions with our platform www.STBinary.com
Moving forwards we will see no doubt a large accumalitive growth pattern with GOLD. Uncertainty is king remember. Trade re-negotiation deals are coming. Scottish and Irish referendums are coming. German French and Spanish changes are coming.
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GOLD - Quantative easing has failed - Time to buy!Janet Yellen, you are a total fool.
Mario the ECB is a joke.
Camoron? Enough said.....
QE has failed. Fear is back to stay. GBP is down in the basement and not coming out for some time.
There is only one place to be right now. That is, if you want to profit.
Tired of getting margin calls? Liquidity issues?
Lack of results? Consistentcy?
www.STBinary.com - The street you need to be on if you want to make it in this new world market
#Solongfarewellnoneedtosaygoodbye