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gold advise

victoriajensen
Jan 09 2018 at 16:56
1117 posts
The trend is still bullish indeed, but the retracement may reach $1,300 before Gold continues moving to the upside.

Murkinzzzzs (Murkinzzzzs)
Jan 10 2018 at 13:12
11 posts
Any thoughts on gold for this week?

victoriajensen
Jan 10 2018 at 17:50
1117 posts
Gold is consolidating sideways between $1,310 and $1,330, whether it will continue rising or falling depends on which level it will break out above or below.

SNF_Complex (SNF_Complex)
Jan 11 2018 at 07:36
216 posts


===
up model till 1335 or more ..

was time ago at eur\jpy in past

Attachments:


SNF-Complex system - build in 2007 \ Tested from 1970.
victoriajensen
Jan 11 2018 at 18:27
1117 posts
The sideways consolidation continues, but Gold has also formed a very notable inverted hammer candlestick on the daily time-frame at $1,310, so there may be a breakout to the upside.

victoriajensen
Jan 12 2018 at 17:38
1117 posts
Gold broke out above $1,330 and it will probably continue moving to the upside towards the next target which is around $1,350.

alexforex007
Jan 12 2018 at 20:22
774 posts
Gold rallies to the 1339 level with amazing strength. the rally may continue further, the next resistance level could be the high at the 1357 level.

victoriajensen
Jan 15 2018 at 17:49
1117 posts
alexforex007 posted:
Gold rallies to the 1339 level with amazing strength. the rally may continue further, the next resistance level could be the high at the 1357 level.


I agree, the move to the upside will likely continue at least to $1,350 or, as you said, to $1,357. The question is whether it will keep moving to the upside after that.

victoriajensen
Jan 16 2018 at 18:26
1117 posts
Gold retraced from the high at $1,345, but considering the inverted hammer candlestick on the four-hour time-frame at $1,330 there will likely be a new move to the upside.

victoriajensen
Jan 18 2018 at 17:16
1117 posts
Gold is consolidating sideways and unless fundamentals give it a push tomorrow there likely won't be any major changes before the weekend.

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