ProTradersGroup posted:
It's going down from here (1360).
https://www.myfxbook.com/forex-charts/XAUUSD,D1/22098
lol 1200 ! are you Kidding ? we have strong bullish trend on H4 and daily chart ! gold can not move down more than 1330-1300
Trust your Brain
Barzvar posted:
we have strong bullish trend on H4 and daily chart ! gold can not move down more than 1330-1300
Just wait and see :)
Thanks
ProTradersGroup posted:😉Barzvar posted:
we have strong bullish trend on H4 and daily chart ! gold can not move down more than 1330-1300
Just wait and see :)
Thanks
when ?
Trust your Brain
Barzvar posted:
lol 1200 ! are you Kidding ? we have strong bullish trend on H4 and daily chart ! gold can not move down more than 1330-1300
It's going to hit your target 2 :)
ProTradersGroup posted:Barzvar posted:
lol 1200 ! are you Kidding ? we have strong bullish trend on H4 and daily chart ! gold can not move down more than 1330-1300
Oh... I am wrong. Sorry! :)
It was broke your target 2 yesterday, not NEXT month :)
Is it still going down!???
alexforex007
Member Since Oct 11, 2013
775 posts
Apr 30 2014 at 05:24
The 1277.88 level for Gold is still a good support level. A visit to that zone could have prices bouncing from there to the upside.
Hugo ONeill
(honeill)
Member Since Apr 08, 2014
1141 posts
Apr 30 2014 at 09:54
Friday nonfarm data could bring a nice move to Gold.
"I trade to make money not to be right."
alexforex007
Member Since Oct 11, 2013
775 posts
May 01 2014 at 05:07
Well, yes, Gold keeps pointing down, but let us wait patiently to see if it gets to the 1277.88 support level from where it may bounce to the upside.
psaTrading
Member Since Apr 09, 2014
891 posts
May 03 2014 at 02:39
It has been a great Bullish Ride for the major World Indexes, but it seems a correction shall occur during the coming week.
Do you agree with this view?
Have a nice weekend. :)
Regards,
P.Silva
Do you agree with this view?
Have a nice weekend. :)
Regards,
P.Silva
psaTrading posted:
It has been a great Bullish Ride for the major World Indexes, but it seems a correction shall occur during the coming week.
Do you agree with this view?
Yeah... May be it's staring up trend!?
Hugo ONeill
(honeill)
Member Since Apr 08, 2014
1141 posts
May 05 2014 at 11:01
psaTrading posted:
It has been a great Bullish Ride for the major World Indexes, but it seems a correction shall occur during the coming week.
Do you agree with this view?
Yes this week will be a correction week for the Indexes, with all the geopolitical tensions between Russia and Ukraine. So gold should start to trend do the upside.
"I trade to make money not to be right."
psaTrading
Member Since Apr 09, 2014
891 posts
May 05 2014 at 18:36
Good point, I'll be watching.😄
alexforex007
Member Since Oct 11, 2013
775 posts
May 06 2014 at 07:43
If there is another push to the upside on Gold, a visit to the 1322 could give it a bounce to the downside.
Hugo ONeill
(honeill)
Member Since Apr 08, 2014
1141 posts
May 12 2014 at 11:43
Good point. I agree with the analysis. Also these geopolitical tensions in Ukraine should push price up.
"I trade to make money not to be right."
psaTrading
Member Since Apr 09, 2014
891 posts
May 12 2014 at 17:41
honeill posted:
Good point. I agree with the analysis. Also these geopolitical tensions in Ukraine should push price up.
You are absolutely right!