XAUAUD trade ideas
XAUAUDPRICE HAS WENT UP AND CREATED A RESISTANCE NEXT WEEK PREDICTION IS THAT IT TRACES BACK TO 38% OF ITS BULLISH TREND.
THIS WEEK GOLD HAS BEEN FAIRLY STABLE AND AS THE WEEK ENDS, THE PRICE HAS REACHED ITS MATURITY LEVEL(75%) AND HAS TESTED ON THE YELLOW DOTTED LINE AND WENT DOWN PREDICTING IT WILL GO DOWN AND RETRACE TO 38%/50%
Gold! Where we are?! Best Setup!Hi Everyone, We are at an important point to sell XAUAUD, and buy it again from 2000 To take more profit at 2189 to sell again to take more profit at 1953, Good Luck!
GOLD/AUD Confirms New Bull Market as New All Time Highs ReachedOf course Gold priced in the Aussie dollar rising essentially just means the Aussie dollar is in decline, and of course the decline of the Aussie dollar is due to the RBA cutting rates driving investors away from Aussie bonds in search of yield. A rising Gold price is also a risk-off safe haven indicator pointing towards economic weakness ahead.
Aussie Gold testing resistanceAussie gols seems in the good rising. Daily chart show it still on bullish trends. Testing resistance at around $2080
GOLD prices in AUD has broken to new highsyeah yeah... new closing high for the week.
RBA will help this by destroying the value of $AUD.
expect $2000/oz AUD soon... mofos
GOLDAUSSIE - XAUUAD - treble top?????the pair XAUAUD seems to be forming a possible treble top. good potential return for a sell on it.
watch out for the break down thou.
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Bullish breakout - Gold AUDBullish breakout forming on Gold Aussie.
Inverted head and shoulder pattern on 4HR chart.
Ascending triangle with price pressed up against current month high.
Price is moving fast if you look at daily time frame. There may be a pullback before we go higher.
If you are going to take the breakout anticipate a strong move away from the breakout level. If this does not occur pull out and wait for more accumulation near the next swing high formed.
OANDA:XAUAUD
Bullish breakout - GOLD AUDPrice is near prior month high.
Inverted head and shoulder setup.
Lots of congestion at current area and support is being respected.
Anticipating a strong bullish daily candle tomorrow
