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Post your XAUUSD Gold signs here
diedrichl

Member Since Oct 14, 2018  3 posts Lucas (diedrichl) Oct 20 at 15:01
Hello traders, I was looking for a post to see people who trade in Gold but I could not find any post that brings people together to talk about the subject, which seems to them that we started publishing signs of those who are dedicated to trade in Gold here ?, with a brief Description of what your strategy is.
Technical analysis?.
Automatic Trading ?.
Combined technician with automatic ?.
Trading with indicator ?.

Haris00000

Member Since Mar 31, 2018  1 posts Haris00000 Oct 20 at 19:27 (edited Oct 20 at 19:29 )
Hey i am haris I don’t say you to check Account or bla bla bla or i dont offer any service
Just want to say you about gold
Gold is mega bullish central banks keep cutting rates no one want to hold their cash in banks so think about you self economic crisis come us soon come in recession stocks make new highs and us china war ongoing so no reason for gold down trend however gold take some deep correction to 1440-60 before fly to mega bullish but I advise you stay connected with news thanks

diedrichl

Member Since Oct 14, 2018  3 posts Lucas (diedrichl) Oct 21 at 15:42
Haris00000 posted:
Hey i am haris I don’t say you to check Account or bla bla bla or i dont offer any service
Just want to say you about gold
Gold is mega bullish central banks keep cutting rates no one want to hold their cash in banks so think about you self economic crisis come us soon come in recession stocks make new highs and us china war ongoing so no reason for gold down trend however gold take some deep correction to 1440-60 before fly to mega bullish but I advise you stay connected with news thanks


The trend is clearly bullish, but in the meantime the key is to continue buying and also making successful sale tickets while gold continues to rise.

MBFr_Group

Member Since Sep 06, 2019  19 posts AlgoTrader (MBFr_Group) Oct 24 at 03:54
diedrichl posted:
Hello traders, I was looking for a post to see people who trade in Gold but I could not find any post that brings people together to talk about the subject, which seems to them that we started publishing signs of those who are dedicated to trade in Gold here ?, with a brief Description of what your strategy is.
Technical analysis?.
Automatic Trading ?.
Combined technician with automatic ?.
Trading with indicator ?.

I am the 5 month rookie Algoritmic GOLD_ONLY trader ... 2 years from Today I will have 2 plus years of a track record.
And 9 years from today ...I will be a 10 years Veteran trading GOLD.
my advice is simple : do not listen any advice I/we will be randomly wrong or right.
start looking into Program trading. Machines do much better then humans.


Never assume anything.
JDavda

Member Since Jun 18, 2013  8 posts Jignesh (JDavda) Nov 06 at 13:38
I think gold is currently under pressure because the dollar is bouncing. The dollar index (DXY) seems to be supported by the 50-week moving average. $1480-$1484 looks to be a major support level for gold.

I've noticed several analysts are calling for a further decline to $1440-$1460 but I don't see it happening. There's strong momentum on the weekly chart. So I don't seem likely to me.

DXY posted a bearish engulfing candle for October so I do think rallies will be sold. But the other thing weighing on gold is strength in the equity markets. I'm not going to try and call a top there.. but as long as that strength is there, it might be tough to see upward momentum similar to that of the summer.

If you don't stay humble, the market will make you humble
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