Longgold
GDX - Strong Buy - Crossing 10WeekMAGDX buy signal on Daily.
About to cross 10WeekMA for strong bullish continuation. Anytime 10Week is crossed we see bullish confirmation (weeks).
Trend turned bullish on Filter Dots.
Gaps to fill above in the $30's imply over 30% gains from current price. Not sure if we get this high, but bullish trend just starting today/tomorrow.
SPY looking to go down soon. VIXY looking to go up.
Only makes sense that GDX becomes risk on (as confirmed by the moving average proximity to current price).
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.
GOLD SHORT IDEA down to $1445 then $1380.The gold market was rebounding really well off the $1445 support structure and did manage to break above $1475 just for a bit. However that is where the hard selling came out and price failed.
So based on the structure we can see that the gold market is confirming bearish, the next of the target is in $1445 after making a lower high. There could be a move even lower through to $1430 and ultimately $1380.
The Federal Reserve is going less dovish which means a strong US Dollar and weaker gold prices into the end of the year.
The rotations at the top of the resistance point at $1475 proved strong especially with the extended wicks that failed at the area. The volume on the move lower was strong.
XAUUSD 01/10/2019Heading for Wave 5 / (V) / Y / B. Then down it goes.
Share your thoughts and observation in comments session :)
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Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
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GOLD Falling wedge soon to be filled!Long time no see!
So this looks slightly different than on my MT4, but idea is clear. I have a buy limit at that bottom blue line with TP all the way up to horizontal pink line. On my pont of view that green circle is a fake break out, following the news that day, (Don't remember which exactly.)
Hope this is helpful, good luck!
Gold - great upside potential?XAUUSD is still inside a major upswing that is currently consolidating above the Median Line of the upsloping fork + above the recent tops of a range, that was broken up a few weeks ago. The stall above the ML gives us a decent entry with a great R2R ratio, with the stop being below the ML and recent tops in case of a overshoot/backtest.
Trade is Long Gold cmp (1387)
Stop Loss: 1353
TP: 1528
One should never risk more than 4% of his/her account.
Thread carefully,
Nick
OH MY GOLDDDDDDgold longggggg
thats right, im looking at swinging this bad boy, its broken a resistance level that took 6 years to finally do, thats a big factor in this,
also with the way US30 is and the trade war, investors will be looking to safe haven their assets, this again will push gold up further,
wait for the re test before entry young mt4 clickers.
once retested enter long and ride it up to the high heavens!
:)
XAU/USD 4H long opportunity we have several technical
reason for long buy gold
from 1282.15 - 1280
TP1 :1294.50
TP2 :1302.00
TP3 :1310.00
STOP LOSE : 1274
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >
Buy angle mirror Gold (XAUUSD)findedVery strong level - 1274-1277
I tried to sell and buy at this level several times
But now i finded buy angle mirror pattern. So buying Gold NOW.
When you see this idea - it maybe too late to enter the market. I already enter.
Open buy order on XAUUSD - 1277
SL - 1272.8
TP - 1310
RRR - 1:7.5
Gold / XAUUSD 4H Long opportunity 1. We can get long trade from 1293.50
If price breakup channel and close
above resistance (red) line.
Targets are :
TP1 : 1307.62
TP2 : 1320.20
TP3 : 1339.77
Stop lose : 1283.50
2. Or we can long (buy) from 1280.50
Targets are :
TP1 : 1307.62
TP2 : 1320.20
TP3 : 1339.77
Stop lose : 1275
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >
XAUUSD 01/04/2019Wave 4 in the making. Then UP it goes for Wave 5.
Share your thoughts and observation in comments session :)
-------------------------------------
Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
-------------------------------------
ROLLERCOASTER OF GOLD... TIME TO BUY AT JAN RESISTANCE? XAUUSD Gold having a massive move lower today down -15.00 at time of idea.
Crazy 3 days going from 1295 up to 1310 and back down all in one trading session.
Getting long as it finds support at levels dating back to January and at the same time moves heavily into oversold status. Looking for this level to support a short term bounce back into 1295-1308 trading zone
target of around 1301 would provide us a short term head and shoulder pattern
Gold - Long on Daily chart I went long on Gold at 1315 as the price broke above previous resistance. Also, there was a 4 hour MACD cross above the zero line, which I like as an indicator.
Stop level is at 1308. Tight stop but looking promising.
Limit target 1350, as that was previous highs.
Lets see how this turns out.
5 to 10% upsideGood day folks,
I reviewed my mid-term view on gold, and I think that it is pretty obvious that the metal will shine this year. As per the title, I expect 5 to 10% upside for the year. We gonna see later if the stock reverse at 128 and close under the red line (resistance 1). In such case, GLD would be in a triangle. If it breaks out, the channel will be my guide.
Thank you,