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Gold during this week
Členom od Oct 11, 2013
775 príspevkov
Nov 23, 2015 at 02:34
Členom od Oct 11, 2013
775 príspevkov
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.
Členom od Jul 10, 2014
1117 príspevkov
Nov 28, 2015 at 13:35
Členom od Jul 10, 2014
1117 príspevkov
The move to the downside continues and I wouldn't be surprised if it reaches 1000.
Členom od Oct 02, 2014
909 príspevkov
Nov 29, 2015 at 12:09
Členom od Oct 02, 2014
909 príspevkov
I'm expecting below $1,000 before New Year.
Positivity
Členom od Oct 02, 2014
909 príspevkov
Dec 20, 2015 at 20:21
Členom od Oct 02, 2014
909 príspevkov
Retraced just a bit, still in downtrend.
Positivity
Členom od Oct 11, 2013
775 príspevkov
Dec 24, 2015 at 01:22
Členom od Oct 11, 2013
775 príspevkov
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.
Členom od Oct 02, 2014
909 príspevkov
Dec 26, 2015 at 15:51
Členom od Oct 02, 2014
909 príspevkov
Interesting to see movements this week.
Positivity
Členom od Nov 19, 2015
14 príspevkov
Dec 27, 2015 at 13:18
Členom od Nov 19, 2015
14 príspevkov
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@
Členom od Nov 19, 2015
14 príspevkov
Dec 27, 2015 at 13:18
Členom od Nov 19, 2015
14 príspevkov
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@
Členom od Dec 09, 2015
823 príspevkov
Dec 29, 2015 at 15:44
Členom od Dec 09, 2015
823 príspevkov
That really depends on whether or not it will break below 1046.
Členom od Jun 07, 2013
17 príspevkov
Jan 11, 2016 at 08:14
Členom od Jun 07, 2013
17 príspevkov
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.
Členom od Oct 11, 2013
775 príspevkov
Jan 12, 2016 at 03:13
Členom od Oct 11, 2013
775 príspevkov
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.
Členom od Oct 02, 2014
909 príspevkov
Jan 12, 2016 at 14:22
Členom od Oct 02, 2014
909 príspevkov
Expecting a move to the upside.
Positivity
Členom od Dec 11, 2015
1487 príspevkov
Jan 14, 2016 at 11:12
Členom od Dec 11, 2015
1487 príspevkov
I agreem it will probably test the resistance at 1112 again.
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