Xuausd
GOLD spot - UAUUSD highest close since mid Jul'18Sun 09.Dec.2018 12:13
Ticker: XAUUSD
LAST= 1,248.35
Gold Spot movement during the last few days showed a Bullish move, with a recent high price seen on Fri 07.Dec.2018 at 1,250.31.
During the next few days the price is expected to go up for 1,250.25 and then to 1,265.30.
The Short-Term view is expected to continue to be UP as long as the price is above 1,225.50, and, its recommended to ' BE LONG ' for a targeted price of around 1,270.00 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1,214.30
Res_2 = 1,258.15
Res_1 = 1,252.00
Sup_1 = 1,245.95
Sup_2 = 1,239.80
Longer Term Montly View Gold Shor And Long AnalysisLonger Term Trend Is down So if 1st View Is If break 1160 Currently Low So Next Target Is 1125/1100/1085/1050 ANd Also last Is 890 And 2nd View Is If not Beak Low 1160 Than Going Continue up side and alsOo break 1210/14 level than next Targets Is 1238/1286/1315/1335 BEst Of luck......
XAUUSD: what do you all think?Hi All,
It's in all the chart - xauusd.
Please tell me what you all think.
Up Trend: Impulse. Down Trend: Correction.
All wave Patterns are impulse or correction.
Sideway: Except for moving horizontally.
Retracement: Price hit Support, Reversal Period,
Stop Loss: 60/40 Split.
Resistance: Price Falls below Previous Support Level .
Only trade when you see repeated price pattern.
Limit to roughly 15-20 trades per month 2/1.
Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
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Happy trading People...
Gold is going to 1360As you guys know when spoke about this trade it was around 1327 and 1333 we are now heading to the 1360 zone.
Price is trading above the 1344 zone on the 8 hour chart! and is extremely bullish.
if price closes above the 1344 and stays above 1340 zone we can still price go all the way up to 1360 which is another 120 pips.
if look at the golden lines at 1324 and 1344 those are psychological zones where price played around the most and that is why I bought at all of those levels.