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gold advise

victoriajensen
Dec 20 2017 at 19:18
1117 posts
I closed my short position, Gold is still quite bullish and it broke out above $1,263.

alexforex007
Dec 21 2017 at 01:56
774 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.

SNF_Complex (SNF_Complex)
Dec 21 2017 at 07:18
216 posts
victoriajensen posted:
I opened a short position on Gold, the precious metal will likely fall back to $1,250.


no current trend up to 1274 firs

& second 1290

d1 TF ...

SNF-Complex system - build in 2007 \ Tested from 1970.
victoriajensen
Dec 21 2017 at 18:51
1117 posts
I closed the short position yesterday, it was clearly premature. I agree with you, Gold will likely reach $1,274 - $1,275.

victoriajensen
Dec 22 2017 at 18:27
1117 posts
Gold reached $1,275 and it is still quite bullish, it may continue moving to the upside towards $1,290 - $1,300.

alexforex007
Dec 22 2017 at 23:43
774 posts
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.

victoriajensen
Dec 25 2017 at 17:59
1117 posts
alexforex007 posted:
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.

I agree, the move to the upside will likely continue this week.

victoriajensen
Dec 26 2017 at 18:37
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.

victoriajensen
Dec 27 2017 at 19:44
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.

victoriajensen
Dec 28 2017 at 18:49
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.

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