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Gold during this week
Biedrs kopš
775 ieraksti
Nov 23, 2015 at 02:34
Biedrs kopš
775 ieraksti
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.
Biedrs kopš
1117 ieraksti
Nov 28, 2015 at 13:35
Biedrs kopš
1117 ieraksti
The move to the downside continues and I wouldn't be surprised if it reaches 1000.
Biedrs kopš
909 ieraksti
Nov 29, 2015 at 12:09
Biedrs kopš
909 ieraksti
I'm expecting below $1,000 before New Year.
Positivity
Biedrs kopš
909 ieraksti
Dec 20, 2015 at 20:21
Biedrs kopš
909 ieraksti
Retraced just a bit, still in downtrend.
Positivity
Biedrs kopš
775 ieraksti
Dec 24, 2015 at 01:22
Biedrs kopš
775 ieraksti
At least gold has stalled its drop and keeps consolidating. The 1098 could be its next resistance and the low at the 1046 level could still act as support.
Biedrs kopš
909 ieraksti
Dec 26, 2015 at 15:51
Biedrs kopš
909 ieraksti
Interesting to see movements this week.
Positivity
Biedrs kopš
14 ieraksti
Dec 27, 2015 at 13:18
Biedrs kopš
14 ieraksti
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@
Biedrs kopš
14 ieraksti
Dec 27, 2015 at 13:18
Biedrs kopš
14 ieraksti
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@
Biedrs kopš
823 ieraksti
Dec 29, 2015 at 15:44
Biedrs kopš
823 ieraksti
That really depends on whether or not it will break below 1046.
Biedrs kopš
17 ieraksti
Jan 11, 2016 at 08:14
Biedrs kopš
17 ieraksti
Gold prices have been down last year, with one of the major reason is being strong USD and till now there is no sign of getting any change in situation.
Biedrs kopš
775 ieraksti
Jan 12, 2016 at 03:13
Biedrs kopš
775 ieraksti
Gold may retrace to the 1088 level, but if risk aversion comes in again into the markets, then the precious metal may try to reach again its recent high around the 1113 level.
Biedrs kopš
909 ieraksti
Biedrs kopš
1487 ieraksti
Jan 14, 2016 at 11:12
Biedrs kopš
1487 ieraksti
I agreem it will probably test the resistance at 1112 again.
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