GOLD staring a down trend

Mar 18, 2014 at 07:22
2,117 Angesehen
48 Replies
Mitglied seit Jan 14, 2014   166 Posts
Mar 18, 2014 at 07:22 (bearbeitet Mar 18, 2014 at 07:27)

It's going down from here (1360).


http://www.myfxbook.com/forex-charts/XAUUSD,D1/22098




Mitglied seit Mar 03, 2013   30 Posts
Mar 18, 2014 at 08:32 (bearbeitet Mar 18, 2014 at 08:33)
ProTradersGroup posted:

It's going down from here (1360).


http://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
Mitglied seit Jan 14, 2014   166 Posts
Mar 18, 2014 at 08:45 (bearbeitet Mar 18, 2014 at 08:47)
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
Mitglied seit Mar 03, 2013   30 Posts
Mar 18, 2014 at 08:49
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
Mitglied seit Jan 14, 2014   166 Posts
Mar 18, 2014 at 11:26
Next... month!
Mitglied seit Jan 14, 2014   166 Posts
Mar 20, 2014 at 13:45
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 :)
Mitglied seit Jan 14, 2014   166 Posts
Mar 27, 2014 at 08:27 (bearbeitet Mar 27, 2014 at 08:28)
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 :)

Mitglied seit Jan 14, 2014   166 Posts
Apr 27, 2014 at 02:48
Is it still going down!???
Mitglied seit Oct 11, 2013   769 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.
Mitglied seit Apr 08, 2014   1140 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."
Mitglied seit Oct 11, 2013   769 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.
Mitglied seit Apr 09, 2014   890 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
Mitglied seit Jan 14, 2014   166 Posts
May 04, 2014 at 01:40 (bearbeitet May 04, 2014 at 01:41)
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!?
Mitglied seit Apr 08, 2014   1140 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."
Mitglied seit Apr 09, 2014   890 Posts
May 05, 2014 at 18:36
Good point, I'll be watching.😄
Mitglied seit Oct 11, 2013   769 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.
Mitglied seit Jan 14, 2014   166 Posts
May 08, 2014 at 03:32



Anhänge:

Mitglied seit Apr 08, 2014   1140 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."
Mitglied seit Apr 09, 2014   890 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!
Mitglied seit Jun 07, 2011   372 Posts
May 12, 2014 at 22:13
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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