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GOLD staring a down trend

PTG (ProTradersGroup)
Mar 18 2014 at 07:22
386 posts
Barzvar
Mar 18 2014 at 08:32
35 posts
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

PTG (ProTradersGroup)
Mar 18 2014 at 08:45
386 posts
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

Barzvar
Mar 18 2014 at 08:49
35 posts
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 ?

PTG (ProTradersGroup)
Mar 18 2014 at 11:26
386 posts
PTG (ProTradersGroup)
Mar 20 2014 at 13:45
386 posts
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 :)

PTG (ProTradersGroup)
Mar 27 2014 at 08:27
386 posts
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 :)


PTG (ProTradersGroup)
Apr 27 2014 at 02:48
386 posts
Is it still going down!???

alexforex007
Apr 30 2014 at 05:24
775 posts
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)
Apr 30 2014 at 09:54
1141 posts
Friday nonfarm data could bring a nice move to Gold.

"I trade to make money not to be right."
alexforex007
May 01 2014 at 05:07
775 posts
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
May 03 2014 at 02:39
891 posts
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

PTG (ProTradersGroup)
May 04 2014 at 01:40
386 posts
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)
May 05 2014 at 11:01
1141 posts
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
May 05 2014 at 18:36
891 posts
Good point, I'll be watching.😄

alexforex007
May 06 2014 at 07:43
775 posts
If there is another push to the upside on Gold, a visit to the 1322 could give it a bounce to the downside.

PTG (ProTradersGroup)
May 08 2014 at 03:32
386 posts
Hugo ONeill (honeill)
May 12 2014 at 11:43
1141 posts
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
May 12 2014 at 17:41
891 posts
honeill posted:
Good point. I agree with the analysis. Also these geopolitical tensions in Ukraine should push price up.


You are absolutely right!

bewayopa
May 12 2014 at 22:13
372 posts
Ukraine crisis is causing economic impact global markets and could boost demand for U.S. government bonds, and commodities like gold.

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