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Goldspot

XAU LOSING FANS TO BTC INFLATION FEARS Basic Supply n demand I use fib levelz to mark my tp levels Heading is what it means fundamentally Forget gold forget bonds, what better place to invest ur about to inflate money than crypto i guess that's unless the banks don't plummet it to instill fear into the sheep of get rich quick masses withdrawing investment at a loss hence increasing market fluidity...ouch right anyway Banks in control of bitcoin so ur money definitely ain't safe especially with the masses coming from the inflation fears I would say one more pump n dump Google it
TVC:GOLDShort
by Bekiumuzi_Dube
Gold will come back to the $1800 level?On 16 July, gold has crashed over 60$ during the FOMC event. At that time, Commodity Futures Trading Commission (CFTC) data was highlighting selling pressure. GOLD - COMMODITY EXCHANGE INC. FUTURES ONLY POSITIONS AS OF 07/27/21 (CONTRACTS OF 100 TROY OUNCES) | OPEN INTEREST: 500,187 NON-COMMERCIAL & COMMERCIAL TOTAL ----------------------------------------------------------------------- LONG 452,107 | SHORT 481,533 Ref: CFTC Gov And on 27 July, CFTC data was said OI (Open Interest) of a gold future contract is 500,187 and total shorts 481,533 & buys 452,107 . But, gold prices increased. We have to notice that the bullish rally wasn't powerful compare to the 16 July data. And selling pressure has higher compare to buyers. Hence gold has moved bearish side in the last trading session. If gold wants to move upside, then it has to crossover my strong resistance. That will lead the gold's prices above 1840 - 1860 - 1882 - 1900 . But if you focus fundamentally & CFTC data, XAUUSD will keep falling and touch the following targets: 1793.6 - 1783.6 - 1763.6 . Gold is making double top formation also.
OANDA:XAUUSDShort
by forextidings
GOLD: DOUBLE HARMONIC BAT PATTERN IN D1 TIMEFRAME! 🔔Welcome back Traders, Investors and Community! Analysis of #XAUUSD GOLD If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Bearish BAT With potential Max R/R 2.09 - We will be waiting for all the confirmations to enter in this trade. A clear chart is Always the best business card for a trader. *** Your support and feedback will always welcome Thank you for your time. The information contained herein is not intended to be a source of advice or credit analysis Regards, Walter
OANDA:XAUUSDShort
by FOREXN1
8
What is the Future for the Gold Spot?The Gold spot has started to fall from the 6th of August 2020 and still falling. But it's moving downside with fluctuation in trend. It started to rise for a short period from the 30th of November 2020. And now, the trend will fall up to hurdle by crossing 1876 - 1872 . After the breakout of the hurdle( 1872 ), the trend will hit 1866 - 1860 . But if the trend takes reversal from the hurdle and crosses the resistance, it will hit the following levels 1900 - 1906 .
TVC:GOLDShort
by forextidings