Why Gold is lagging Safe have losses & Yen is outperforming 1. When looking at Gold vs Yen or XAUJPY it becomes apparent why Gold is lagging the broad safe haven losses that we have seen during this risk-recovery rally - investors are buying gold over Yen - so gold appears to be their preferred safe have asset to hold in a risk-on rally - likely a function of...
2016, the year of the Risk-Off Asset Historically Gold has performed +10-20% in the 6 months into US Presidential Election years AND also by longing Gold on this pull-back it opens up the opportunity to benefit from the potential tail risk that the UK votes to "Brexit" in which Gold will likely trade through $1400. Gold is one of my favourite plays for 2016 for...
Hello, I posted a chart to long XAUUSDon 17 December 2015.My buy from 1060s is still running.Strong support + wave count + bullish trend still favoring buy.I am adding one more here.Buying 1087-1092 stop @ 1081 target 1122.My risk is 0.50% of my account.
Gold just broke descending triangle last week. Personaly i expect retracment back to the triangle because there was nice bullish friday D1 candle pattern. After bounce from triangle i expect that price will turn to the upside in 1000$ zone... Otherwise there are few other zones where to buy gold : 1. Around 1000$ as i said 2. Around 850$ (check chart) 3. Around...
Bullish on SLV/GLD bounced off support, Sentiment is bearish, big move coming up, i project a move until the 25th aug baed on time symmetry analysis