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Goldspot

All targets hit. Now reversing on 1W. Long term buy.XAUUSD completed the 1D correction, hitting all our downside targets, and the Channel Down (Highs/Lows = -11.8500, B/BP = -17.6660) reached the expected 1W support. As discussed on the previous analysis, 1W is on a Channel Up and 1,260 - 1,265 was the extended Higher Low support since the December 2016 bottom. We now expect 1D to reverse for a long term bullish direction towards 1,370. First TP = 1,274.50, second 1,284.12.
FX:XAUUSDLong
by InvestingScope
2
FALLING CHANNEL GOLD SPOT 15A falling channel on gold spot 15 is emerging. It is my strong believe that we will see levels of 1274 reached. I have entered a short position at this point in time with a take home profit of 1274. Check it out see if it interests you. Remember good risk management is key. Keep your eyes on the stars and your feet on the ground. You can reach for your dreams without having to fall. NB: iMoneyCorp ideas are merely presentations of his analysis of the markets and not presentation of any actual position of the market at the present time. Copy them at your volition. Your capital is at risk.
FX:XAUUSD
by Capital75official
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!
FX:XAUUSDLong
by MidasTouchConsulting
GOLD SHORTThe reason why we feel GOLD may Rise. * On weekly basis it has just started moving DOWN * To SINL and come near 1228 levels * Stoch RSI (3,3,14,Close) is Sinking. * RSI (14,CLOSE) is Sinking. * CCI (20,CLOSE) is Sinking. Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our SELL call shall be from SELL BELOW :1245.09, SL:1249.60, Tgt 01:1233.82, Tgt.02: 1228.83, Tgt 03:1213.46 . The view expressed here is on weekly basis. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
FX:XAUUSDShort
by ajithchand-bhandaari
DJIA SHORT ::: REVERSAL CALLDJIA is expected to sink now. There are many reason why we feel it may sink. 01. It has CLEARED quarterly TARGET 02 level. and may come down for a bounce back soon. 02. Bearish Engulfing in daily Chart. 03. To sink and come near 1204 to 1197 levels 04. Stoch RSI (3,3,14,Close) clearly states it may sink. 05. RSI(14,CLOSE) Is also of the same view. 06. CCI(20,CLOSE) Is also sinking. Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our sell call shall be from sell bellow:1218. with a SL @: 1222 Tgt01: 1208 Tgt02: 1204 Tgt03: 1190. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
FX:XAUUSDShort
by ajithchand-bhandaari