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gold advise
Member Since Jul 10, 2014
1117 posts
Dec 20, 2017 at 19:18
Member Since Jul 10, 2014
1117 posts
I closed my short position, Gold is still quite bullish and it broke out above $1,263.
Member Since Oct 11, 2013
775 posts
Dec 21, 2017 at 01:56
Member Since Oct 11, 2013
775 posts
Very good pullback on gold on the daily chart. The price of gold has pulled back to the 200 day EMA at the 1268 level. The zone may act as resistance and the price may drop again to the 1236 level. On the other hand, a breakout of the 200 day EMA could take the price of gold to the 1300 zone.
Member Since Jul 22, 2013
216 posts
Member Since Jul 10, 2014
1117 posts
Dec 21, 2017 at 18:51
Member Since Jul 10, 2014
1117 posts
I closed the short position yesterday, it was clearly premature. I agree with you, Gold will likely reach $1,274 - $1,275.
Member Since Jul 10, 2014
1117 posts
Dec 22, 2017 at 18:27
Member Since Jul 10, 2014
1117 posts
Gold reached $1,275 and it is still quite bullish, it may continue moving to the upside towards $1,290 - $1,300.
Member Since Oct 11, 2013
775 posts
Member Since Jul 10, 2014
1117 posts
Dec 25, 2017 at 17:59
Member Since Jul 10, 2014
1117 posts
alexforex007 posted:I agree, the move to the upside will likely continue this week.
Very good rally on gold. The commodity has broken above the 55 day exponential moving average at the 1274 level and it may try to reach the 1300 level.
Member Since Jul 10, 2014
1117 posts
Dec 26, 2017 at 18:37
Member Since Jul 10, 2014
1117 posts
Gold is very bullish indeed, it broke out above $1,280 and the move to the upside towards $1,300 will probably continue.
Member Since Jul 10, 2014
1117 posts
Dec 27, 2017 at 19:44
Member Since Jul 10, 2014
1117 posts
Gold is still rallying it will almost certainly reach $1,300, the question is whether it will break out above that resistance too.
Member Since Jul 10, 2014
1117 posts
Dec 28, 2017 at 18:49
Member Since Jul 10, 2014
1117 posts
Gold has almost reached $1,300, if it breaks out above that level it may move to the upside towards $1,357, which is the last high.
Member Since Sep 12, 2015
1948 posts
Dec 28, 2017 at 18:56
Member Since Sep 12, 2015
1948 posts
1294 is a possible pullback area previous high .
"They mistook leverage with genius".
Member Since Jul 10, 2014
1117 posts
Dec 29, 2017 at 18:43
Member Since Jul 10, 2014
1117 posts
The move to the upside continued and it even broke out above $1,300. Now the question is high high it will rise.
Member Since Jul 10, 2014
1117 posts
Jan 02, 2018 at 16:43
Member Since Jul 10, 2014
1117 posts
Gold continues moving to the upside and is currently testing $1,312, next target will likely be around $1,330.
Member Since Jul 10, 2014
1117 posts
Jan 03, 2018 at 16:49
Member Since Jul 10, 2014
1117 posts
Gold reached a new high at $1,321 today and although it is currently retracing from that high the move to the upside will probably continue.
Member Since Jul 10, 2014
1117 posts
Jan 04, 2018 at 17:13
Member Since Jul 10, 2014
1117 posts
Gold retraced after bouncing off from $1,321, but now is back to testing that level and there may finally be a breakout soon.
Member Since Dec 25, 2017
24 posts
Member Since Jul 10, 2014
1117 posts
Jan 05, 2018 at 17:50
Member Since Jul 10, 2014
1117 posts
Gold is consolidating sideways below $1,325, but it will likely continue rising.
Member Since Jul 10, 2014
1117 posts
Jan 08, 2018 at 17:14
Member Since Jul 10, 2014
1117 posts
Gold may begin retracing from $1,325 because it formed a hanging man candlestick on the daily time-frame at that level, but the trend is still bullish.
Member Since Oct 11, 2013
775 posts
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