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Gold during this week
Anggota Sejak Oct 11, 2013
775 pos
Nov 23, 2015 at 02:34
Anggota Sejak Oct 11, 2013
775 pos
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.
Anggota Sejak Jul 10, 2014
1117 pos
Anggota Sejak Oct 02, 2014
909 pos
Anggota Sejak Oct 02, 2014
909 pos
Anggota Sejak Oct 11, 2013
775 pos
Anggota Sejak Oct 02, 2014
909 pos
Dec 27, 2015 at 13:18
Anggota Sejak Nov 19, 2015
14 pos
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
Anggota Sejak Nov 19, 2015
14 pos
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@
Anggota Sejak Oct 11, 2013
775 pos
Anggota Sejak Oct 02, 2014
909 pos
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