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gold advise
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VERGIS78

Member Since Feb 27, 2016  4 posts VERGIS78 Mar 06 2016 at 12:23
It seems to me most online gold analysis sites are biased, they are all super bullish at this time, in an efort to get you to buy their bullion. I believe the market will pull back next week, to as low as $1160, before setting new direction again.


HOSSEINLK

Member Since Mar 07, 2016  1 posts HOSSEINLK Mar 15 2016 at 07:04
forumnoob posted:
i like to have advise from experienced traders,
will gold rise or drop and where should i open trade and put s/l and t/p

for upcomming 3 to 5 days.

and wish the community the best in trading .

mlawson71

Member Since Dec 11, 2015  709 posts mlawson71 Mar 15 2016 at 11:11
VERGIS78 posted:
It seems to me most online gold analysis sites are biased, they are all super bullish at this time, in an efort to get you to buy their bullion. I believe the market will pull back next week, to as low as $1160, before setting new direction again.



That's really weird, because there's no way Gold is bullish right now. Even if retraces back to 1242 it will continue dropping afterwards.

investocanada

Member Since Mar 16, 2016  1 posts Mike (investocanada) Mar 16 2016 at 07:16
forumnoob posted:
i like to have advise from experienced traders,
will gold rise or drop and where should i open trade and put s/l and t/p

for upcomming 3 to 5 days.

and wish the community the best in trading .


I guess as a trader you shouldn't care which way Gold goes as long as it moves :) I've started a project for XAUUSD recently: https://investocanada.wordpress.com
please follow me to see how make money on gold in any circumstances.

mlawson71

Member Since Dec 11, 2015  709 posts mlawson71 Mar 16 2016 at 10:22
I think gold will continue dropping towards the next support at 1200.

arigoldman

Member Since Oct 02, 2014  464 posts Ari Goldman (arigoldman) Mar 18 2016 at 08:52
Expecting $1,230 again.

Positivity
mlawson71

Member Since Dec 11, 2015  709 posts mlawson71 Mar 18 2016 at 11:03
arigoldman posted:
Expecting $1,230 again.


Most likely, especially considering that shooting star candlestick on the daily time frame.

VERGIS78

Member Since Feb 27, 2016  4 posts VERGIS78 Mar 18 2016 at 22:12
I expect gold to finally go lower, over the current year, but some indicators are strong suggesting a possible spike through $1300 in the coming week / 10 days. Right now I have no clue on direction

dianajs

Member Since Dec 09, 2015  386 posts dianajs Mar 20 2016 at 08:43
VERGIS78 posted:
I expect gold to finally go lower, over the current year, but some indicators are strong suggesting a possible spike through $1300 in the coming week / 10 days. Right now I have no clue on direction


There is a signal that it will fall, but beyond that I am not sure either.

VERGIS78

Member Since Feb 27, 2016  4 posts VERGIS78 Mar 20 2016 at 11:00
it is set up to go through $1300, likely next week, I'd get out of all short trades for now, it could rally $50, to $70, ($1320)

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