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Gold during this week
Miembro desde Oct 11, 2013
posts 775
Nov 23, 2015 at 02:34
Miembro desde Oct 11, 2013
posts 775
Gold may try to drop again during this week, but the 1063 level could act as a temporary support. To the upside, the 55 day exponential moving average, which is currently at the 1120 level could act as resistance in case gold retraces to the upside. But the Dollar stays strong and as long as the greenback holds on to its gains, it would be difficult for gold to rally.
Miembro desde Jul 10, 2014
posts 1117
Nov 28, 2015 at 13:35
Miembro desde Jul 10, 2014
posts 1117
The move to the downside continues and I wouldn't be surprised if it reaches 1000.
Miembro desde Oct 02, 2014
posts 909
Miembro desde Oct 02, 2014
posts 909
Miembro desde Oct 11, 2013
posts 775
Miembro desde Oct 02, 2014
posts 909
Dec 27, 2015 at 13:18
Miembro desde Nov 19, 2015
posts 14
I believe we will be seeing a big rally up in a month or two correcting the drop from 2008 or maybe even an impulse move.
As you can see on the weekly chart, we had a bearish triangle, which usually is followed by the final break down before we head up. and the drop was in a diagonal triangle this shows how weak drop is.
As you can see on the weekly chart, we had a bearish triangle, which usually is followed by the final break down before we head up. and the drop was in a diagonal triangle this shows how weak drop is.
wassim.azhari1@
Dec 27, 2015 at 13:18
Miembro desde Nov 19, 2015
posts 14
I believe GOLD will rally up in the next month or two.
As you can see on the weekly gold chart, we had a bearish triangle which is usually followed by the last move down, and even the drop was in a diagonal triangle form.
This all show how weak the selling is for gold.
Sorry for posting twice but i forgot to attach image.
Thanks
As you can see on the weekly gold chart, we had a bearish triangle which is usually followed by the last move down, and even the drop was in a diagonal triangle form.
This all show how weak the selling is for gold.
Sorry for posting twice but i forgot to attach image.
Thanks
wassim.azhari1@
Miembro desde Oct 11, 2013
posts 775
Miembro desde Oct 02, 2014
posts 909
Miembro desde Dec 11, 2015
posts 1487
Jan 14, 2016 at 11:12
Miembro desde Dec 11, 2015
posts 1487
I agreem it will probably test the resistance at 1112 again.
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