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gold advise
Miembro desde Jul 10, 2014
posts 1117
Dec 20, 2017 at 19:18
Miembro desde Jul 10, 2014
posts 1117
I closed my short position, Gold is still quite bullish and it broke out above $1,263.
Miembro desde Oct 11, 2013
posts 775
Dec 21, 2017 at 01:56
Miembro desde Oct 11, 2013
posts 775
Very good pullback on gold on the daily chart. The price of gold has pulled back to the 200 day EMA at the 1268 level. The zone may act as resistance and the price may drop again to the 1236 level. On the other hand, a breakout of the 200 day EMA could take the price of gold to the 1300 zone.
Miembro desde Jul 22, 2013
posts 216
Miembro desde Jul 10, 2014
posts 1117
Dec 21, 2017 at 18:51
Miembro desde Jul 10, 2014
posts 1117
I closed the short position yesterday, it was clearly premature. I agree with you, Gold will likely reach $1,274 - $1,275.
Miembro desde Jul 10, 2014
posts 1117
Dec 22, 2017 at 18:27
Miembro desde Jul 10, 2014
posts 1117
Gold reached $1,275 and it is still quite bullish, it may continue moving to the upside towards $1,290 - $1,300.
Miembro desde Oct 11, 2013
posts 775
Miembro desde Jul 10, 2014
posts 1117
Dec 25, 2017 at 17:59
Miembro desde Jul 10, 2014
posts 1117
alexforex007 posted:I agree, the move to the upside will likely continue this week.
Very good rally on gold. The commodity has broken above the 55 day exponential moving average at the 1274 level and it may try to reach the 1300 level.
Miembro desde Jul 10, 2014
posts 1117
Dec 26, 2017 at 18:37
Miembro desde Jul 10, 2014
posts 1117
Gold is very bullish indeed, it broke out above $1,280 and the move to the upside towards $1,300 will probably continue.
Miembro desde Jul 10, 2014
posts 1117
Dec 27, 2017 at 19:44
Miembro desde Jul 10, 2014
posts 1117
Gold is still rallying it will almost certainly reach $1,300, the question is whether it will break out above that resistance too.
Miembro desde Jul 10, 2014
posts 1117
Dec 28, 2017 at 18:49
Miembro desde Jul 10, 2014
posts 1117
Gold has almost reached $1,300, if it breaks out above that level it may move to the upside towards $1,357, which is the last high.
Miembro desde Sep 12, 2015
posts 1948
Dec 28, 2017 at 18:56
Miembro desde Sep 12, 2015
posts 1948
1294 is a possible pullback area previous high .
"They mistook leverage with genius".
Miembro desde Jul 10, 2014
posts 1117
Dec 29, 2017 at 18:43
Miembro desde Jul 10, 2014
posts 1117
The move to the upside continued and it even broke out above $1,300. Now the question is high high it will rise.
Miembro desde Jul 10, 2014
posts 1117
Jan 02, 2018 at 16:43
Miembro desde Jul 10, 2014
posts 1117
Gold continues moving to the upside and is currently testing $1,312, next target will likely be around $1,330.
Miembro desde Jul 10, 2014
posts 1117
Jan 03, 2018 at 16:49
Miembro desde Jul 10, 2014
posts 1117
Gold reached a new high at $1,321 today and although it is currently retracing from that high the move to the upside will probably continue.
Miembro desde Jul 10, 2014
posts 1117
Jan 04, 2018 at 17:13
Miembro desde Jul 10, 2014
posts 1117
Gold retraced after bouncing off from $1,321, but now is back to testing that level and there may finally be a breakout soon.
Miembro desde Dec 25, 2017
posts 24
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posts 1117
Jan 05, 2018 at 17:50
Miembro desde Jul 10, 2014
posts 1117
Gold is consolidating sideways below $1,325, but it will likely continue rising.
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posts 1117
Jan 08, 2018 at 17:14
Miembro desde Jul 10, 2014
posts 1117
Gold may begin retracing from $1,325 because it formed a hanging man candlestick on the daily time-frame at that level, but the trend is still bullish.
Miembro desde Oct 11, 2013
posts 775
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