Gold

Gold goes down till the end of this year.

😄

i think the solid support is 1090

AhmedKotb posted:
😄

And this seems to be very good?

AhmedKotb posted:
Gold goes down till the end of this year.

Yes, it seems that the American dollar is the strength of trade.

GOLD goes up today.

Really good thread, wish you good luck in your next trades.

AhmedKotb posted:
GOLD goes up today.

If we celebrate every time the gold goes up, we would spend a lot !!!
Gold is a very good land ;) Productive

Gold is good 😉

Gold went down against the US dollar more than 100 points over the last month which is closely related to the USD bullish rally after the elections. Strong bearish sentiment bringing solid sell opportunities ahead 😄

RichardBills posted:
Gold went down against the US dollar more than 100 points over the last month which is closely related to the USD bullish rally after the elections. Strong bearish sentiment bringing solid sell opportunities ahead 😄

Exactly!

RichardBills posted:
Gold went down against the US dollar more than 100 points over the last month which is closely related to the USD bullish rally after the elections. Strong bearish sentiment bringing solid sell opportunities ahead 😄

Oh yes, the US dollar is intrinsically linked to the trade in gold. It is a good opportunity to negotiate. 😀

Bearish on metals.

We now see the XAUUSD price entering a consolidation range with 1142 resistance and 1122 support.

Bullish for the beginning of 2017.

arigoldman posted:
Bullish for the beginning of 2017.

.....Slow Bullish(Risk Off Trade and Growth Event) Then Fast bearish Bar till year end again and again..😁

Look at this positions, they have lot of longs positions

syeikhman posted:

arigoldman posted:
Bullish for the beginning of 2017.

.....Slow Bullish(Risk Off Trade and Growth Event) Then Fast bearish Bar till year end again and again..😁

Lightly bullish, lol, then heavily!

RichardBills posted:
Gold went down against the US dollar more than 100 points over the last month which is closely related to the USD bullish rally after the elections. Strong bearish sentiment bringing solid sell opportunities ahead 😄

There are many factors that may cause the Gold’s rally, one big factor is the uncertainty that lies ahead with the turn over the new presidential administration. Another factor is the Brexit which weakened the trend in yuan. The rising price of Bitcoin which is very popular to Chinese investors who are looking to reduce to their currency is another great factor for the Gold’s rally.

Source: https://www.funds-money.com/gold-price-rally-market-anticipates-fed-minutes/