Xauusdtips
XAU/USD, DAY CHART, NEUTRAL & SHORT (20-NOV-2016)Gold price is falling toward the strong support zone near 120x
If the price breaks the support zone, look for pull back and short this trade.
If the price bounce back from the support zone, need to monitor closely again.
Trade with right risk management
XAUUSD LONG TERM INVESTMENT IDEAON THE DAILY CHART PRICE IS MAKING ITS FINAL PUSH BEFORE A BREAKOUT FROM THE BEAR FLAG PATTERN.
PRICE WILL MAKE ONE MORE FINAL DESCENT TO THE MAJOR SUPPORT TREND LINE.
WAIT FOR THE BREAKOUT OF THE FIB AT THE 1355.02 LEVEL.
STOP LOSS IS 1338 LEVEL.
THERE IS NOT PROFIT TARGET ON THIS ONE. JUST FOLLOW THE TREND.
Gold Futures.. Long Term EW TP @ $4000Good morning traders,
I hope you are all enjoying your weekend.
This is my long term view on gold-0.50% over the coming years, I am asked daily where I believe the 'moon' to be, and given the likelihood of a crash I suspect we will break 2000 sooner than expected and begin the journey to 4000.
This does not mean go out and buy XAU tomorrow, instead, buy the dips. The coming week after Friday's close is suggesting a near-term down trend targeting 1320-0.29% - use this to start scaling into what should be a 10 year trade here.
Plenty of opportunity to add to your position so remember to not over leverage and focus on entries. I am an investor, not a gambler, fiat is struggling. I will also post up other precious metal charts both ST and LT1.17% views.
GL with this, see you at 4000 when I have grey hairs!
Thanks.
www.tradingsignalreviews.com
XAUUSD : PRICE OF GOLD IS FALLING-Price of Gold significantly fell during Friday's trading session amid strengthening in US dollar.
-American currency supported by strong data on the US labour market.
-NFP for July amounted 255 thousands, slightly less than the previous of 292...
-AHE grew 0.3%
The indicators recommend SHORT positions.
Support : 1331.19 (local low) , 1327.10, 1320.00, 1310.33 (July high)
Resistance : 1338.22 (local high) , 1346.25, 1350.80, 1358.12, 1367.00 (Aug high)
Short positions can be opened from area 1329.10 with TP target area 1314.44 and stop @ 1334.44.
2-3 days
(GOLD) 4hr - Speculation and AnalysisWe have reached a small potential reversal zone. shorting
Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
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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.
XAU/USD Market Analysis and Trading Tips 6th July 2016
Overview:
The Gold markets rally during the course of the session on Tuesday to the level of $1370. At this point in time, we strongly believe that market is on its bull rally and ready to go higher. The Gold market sentiment is still positive. The main trend of Gold is bullish on charts and and market is sustaining above the 100 days moving average on its 4 hourly chart. It is having important resistance level at significantly psychological number at the level of $1400 and support level at the level of $1340. On its 4 hourly charts, MACD is sustaining in its positive territory and RSI is sustaining in its buying zone indicating the upcoming bearish trend in the oil prices. On intra day basis one can go for buy on lower level strategy.
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Gold vs Dollarwe have a minor and a major channel in daily.
if we break the minor channel ( break the red line ) heading upwards, we can buy till we head to the top of the major channel and watch for price action there, we will either break the major channel confirming medium term buy or we test the end of the channel one more time heading down.
or
we break the minor channel to the downside and inside of going up first, we go down to the end of the major channel before heading back up again.
remember that this pair is bullish so upside is in favour in general.
XAUUSD Overview and Trading Tip 5th July 2016Overview:
The Gold markets rally during the course of the session on Monday, but found enough support at the level of $1350 and take correction. At this point, market is continuously sustaining on higher level, it indicate market is ready to higher. The Gold market sentiment is still positive. The main trend of Gold is bullish on charts and market is sustaining above the 100 days moving average on its 4 hourly chart. It is having important resistance at the level of $1360 and support level at the level of $1340. If market sustain above its resistance level, it will lead to further upside rally in the market. On its 4 hourly charts, MACD is sustaining in its positive territory and RSI is sustaining in its buying zone indicating the upcoming bearish trend in the oil prices. On intra day basis one can go for buy on lower level strategy.
www.tradingsignalreviews.com
XAU/USD Market Analysis and Trading Tips 29th June 2016Overview:
The Gold market fell during the day on Tuesday, but did found enough support below at the level of $1305 to bounce slightly. The main trend of Gold is bullish on charts and the $1300 level is looking a strong support level, at this point in time buyers are still interested in in the precious metal . The primary trend of Gold is bullish on charts. On its 4 hourly chart, market is trading above 100 days moving average. It is having important resistance at the level of $1330 and support level at the level of $1300. On its 4 hourly charts, MACD is sustaining in its positive territory and RSI is sustaining in its buying zone indicating the upcoming bearish trend in the oil prices. On intra day basis one can go for buy on lower level strategy.
www.tradingsignalreviews.com
Gold vs Americano Dollarwe have 2 time frames here for mid term and long term analysis.
Daily
- We have a almost complete head and shoulder pattern, if things go according to the head and shoulder pattern, we should expect a nice downfall from this point and on
- RSI divergence
- MACD divergence
4hrs
- Broken trend line with a retest already done
- RSI finally heading down after being in a overbought territory for sometime.
- great win to loss ratio