gold advise

I closed my short position, Gold is still quite bullish and it broke out above $1,263.

Very good pullback on gold on the daily chart. The price of gold has pulled back to the 200 day EMA at the 1268 level. The zone may act as resistance and the price may drop again to the 1236 level. On the other hand, a breakout of the 200 day EMA could take the price of gold to the 1300 zone.

victoriajensen posted:
I opened a short position on Gold, the precious metal will likely fall back to $1,250.

no current trend up to 1274 firs

& second 1290

d1 TF ...

I closed the short position yesterday, it was clearly premature. I agree with you, Gold will likely reach $1,274 - $1,275.

Gold reached $1,275 and it is still quite bullish, it may continue moving to the upside towards $1,290 - $1,300.

Very good rally on gold. The commodity has broken above the 55 day exponential moving average at the 1274 level and it may try to reach the 1300 level.

alexforex007 posted:
Very good rally on gold. The commodity has broken above the 55 day exponential moving average at the 1274 level and it may try to reach the 1300 level.

I agree, the move to the upside will likely continue this week.

Gold is very bullish indeed, it broke out above $1,280 and the move to the upside towards $1,300 will probably continue.

Gold is still rallying it will almost certainly reach $1,300, the question is whether it will break out above that resistance too.

Gold has almost reached $1,300, if it breaks out above that level it may move to the upside towards $1,357, which is the last high.

1294 is a possible pullback area previous high .

The move to the upside continued and it even broke out above $1,300. Now the question is high high it will rise.

Gold continues moving to the upside and is currently testing $1,312, next target will likely be around $1,330.

Gold reached a new high at $1,321 today and although it is currently retracing from that high the move to the upside will probably continue.

Gold retraced after bouncing off from $1,321, but now is back to testing that level and there may finally be a breakout soon.

Very hard to predict future prices within such a heavily manipulated environment!

Gold is consolidating sideways below $1,325, but it will likely continue rising.

düşüşü mükemmel olacak biraz sabır gerekli sadece

Gold may begin retracing from $1,325 because it formed a hanging man candlestick on the daily time-frame at that level, but the trend is still bullish.