gold advise

forumnoob
forumnoob
Jan 04, 2016 at 08:41
15,075 Views
523 Replies
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Apr 07, 2016 at 06:21
I think we should keep in mind that Gold formed a spinning top on the monthly time frame below the resistance at 1280. It's quite possible it will continue falling and break below 1200.
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alexforex007
alexforex007
Member Since Oct 11, 2013   775 posts
Apr 12, 2016 at 23:20
From the current resistance zone on gold, around the 1257 level, the metal may go in any direction, but there is a higher probability of breaking to the upside.
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alexforex007
alexforex007
Member Since Oct 11, 2013   775 posts
Apr 13, 2016 at 22:17
Gold may go in any direction from the current level, but the bullish momentum is still in place, another visit to the 200 week EMA may produce a breakout.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Apr 14, 2016 at 14:38
Gold is testing 1230, but I do agree that it is very undecided at the moment. It's equally possible to visit both 1200 and 1280.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Apr 17, 2016 at 19:36
Going down again.
Positivity
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Apr 20, 2016 at 13:54
Looking to enter short at $1,266.
Positivity
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Apr 25, 2016 at 12:59
It's testing the resistance at 1235 at the moment. Considering the doji candlestick on the daily time frame above the support at 1230 it will break above it eventually, I think.
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alexforex007
alexforex007
Member Since Oct 11, 2013   775 posts
Apr 27, 2016 at 23:29
Still no clear direction on Gold. The commodity may just stay here for a while with the 200 week EMA still acting as resistance.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
May 01, 2016 at 12:17
Bearish on Gold.
Positivity
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alexforex007
alexforex007
Member Since Oct 11, 2013   775 posts
May 02, 2016 at 04:44
Gold keeps its bullish trend, but it may lose some steam around the 1300 level.
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kennxcl
kennxcl
Member Since Dec 05, 2015   2 posts
May 08, 2016 at 06:45
And long term maybe listen to Jim Rickards.
Leave some for tomorrow.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
May 09, 2016 at 13:05
Gold couldn't break above 1300, formed a hanging man candlestick on the weekly time frame and started falling. It's currently testing the support at 1270, and I think if it breaks below that level it will reach 1262 - 1260.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
May 13, 2016 at 13:27
Gold bounced off 1263, considering that range continues its next target is likely around 1275 - 1280 again.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
May 17, 2016 at 14:23
Consolidating between $1,270-$1,280.
Positivity
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alexforex007
alexforex007
Member Since Oct 11, 2013   775 posts
May 23, 2016 at 05:06
Gold has no clear trend in the midterm and now that it is at the 55 day EMA, it may go in any direction. possible resistance is still the 1300 level and support at the 1200 level.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
May 23, 2016 at 13:43
Bearish on Gold.
Positivity
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mlawson71
mlawson71
Member Since Dec 11, 2015   1487 posts
Jun 16, 2016 at 09:12
Gold finally broke above 1300. We'll likely see a further move to the upside now.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Jun 19, 2016 at 18:08
Bearish on this one.
Positivity
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mlawson71
mlawson71
Member Since Dec 11, 2015   1487 posts
Jun 20, 2016 at 09:41
I am not so sure, it might still bounce off 1280.
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mlawson71
mlawson71
Member Since Dec 11, 2015   1487 posts
Jun 21, 2016 at 09:02
Gold is still testing 1280, but it also formed doji candlestick on the daily time frame. I am starting to think it really might be bearish.
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