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Xauusdlongterm

XAUUSD -Gold/Dollar: Possibilities AnalysisSince price has been following upward to retest resistance (down/green) trendline, it can attempt to test other resistance: the past high swing & resistance at that price as is (blue line). Test of these prices resisted may be needed to ever start a short condition, yet Daily TF:(Following image) shows attempt at resistance (MBL slightly upward (yellow line), but green/red moving down), so I assume price will rise higher most likely to later form a better sell opportunity as it now slightly consolidates to "subtrendline" or the uptrendline.
FX_IDC:XAUUSD
by YardleyRosette
Gold: 2017 TechnicalsWe are seeing a good bounce this week. The weekly chart for 2017 looks very promising. RSI is turning up from hitting 30. MACD will cross in negative territory. MA50 is crossing MA200 this week. We printed a healthy correction for the 2016 rally. The fundamentals for 2017 alse look promising DXY made a 14 year high, a serious correction is near. S&P 500 is making new all time highs on staggering earnings. (I can't believe people are buying at these P/E levels...) The FED again made a promise they can't keep. Inflation has yet to pick up. The possibility of a EU breakdown is looming European banks are facing solvability issues, politicians said another bailout is off the table. Trump is a big question mark, the only certainty is the uncertainty he brings. He's the only one that might spoil our 2017 gold party with a prolonged USD/S&P rally. We need a clean and strong break of 1171 for this to work. A happy 2017.
FX:XAUUSDLong
by RDP
XAUUSD | Ascending Triangle Movement Until 21/09/2016Hi everyone! As i insistently said in my last posts, speculative movements are occurred under my green line 1. As i said again in this post " I see that after the price had touch to green line 1, a strong movements had came in 2 days and it touch blue line 1 least. " A strong movement had came! I keep my chart but i have added price labels and yellow arrows for next 2 weeks. Please note that time prediction is always been hard but i expect an ascending triangle movement until 21/09/2016 which visits my price labels. In a nutshell when i see 1331-1333 $ i will be "seller" , when i see 1316 i will be "buyer" for next 2 weeks. At 21/09/2016 the price may suddenly touch to 1317 and then rise. This is not an investment advice, all these are analysis based predictions and notes for myself. Best regards. Volkan ONURSOY
FX_IDC:XAUUSDLong
by UnknownUnicorn600371
9
Different perspective on gold.Earlier we were hoping for a short term short knowing that the general trend is bullish. We took 20 pips in the old trade and we have a new trade setup here. We have a minor channel embedded in a major channel, I have already bought at 1317 . I don't think its wise selling even if we do break to the downside but this scenario is quite unlikely. you can either buy at this point if your a aggressive trader or wait for it to break out the minor channel before making a move.
FX:XAUUSDLong
by OG-Tellz
9
GOLD Divergence/Wedge/Cypher Patterns SHORTThe chart is self explanatory. Scenario 1: - Bears push the price down to around 1300.00 which is between the 61.8% and the 50.0% Fibonacci retracement levels and bounces off any of these two levels to POSSIBLY test the previous high. Scenario 2: - Bears push the price down to around 1300.00 which is between the 61.8% and 50.0% Fibonacci retracement levels, instead of bouncing back up, price breaks out the bottom of the rising wedge and the rest is history. What Do YOU Think? ANYTHING CAN HAPPEN!
FX:XAUUSDShort
by UnknownUnicorn94714