TP1 1335 TP2 1342 ENTERED TRADE: 1308 Good luck!
D is now complete. Entered trade with 1 lot, added 1 more at 1314. TP 1 - 1322 TP 2 - 1331 TP 3 - 1344 (for @uadog)
Really big big support at 1297 USD. I'm waiting for last dump before go long! Weekly inversion trend not confirmed, maybe neutral for now.
I don't trade gold unless it's extreme high or extreme low for long term holdings. But just would like to share my charts with gold bug traders so that they know where they are trading. Move extremely cautious if your are long as PRICE is approaching the solid RED resistance line. If you want to go long then let it break. Also this is a monthly chart so don't know...
IT WILL BE PAINFUL TO TRADE GOLD/USD PAIR UNLESS YOU KNOW TOOLS TO DEPLOY OPTIONS. I am bear on this relationship and probably forming channel trade, but don't count on it too much. Also from cycle perspective Bull Market from 1999 TILL 2011 is OVER. So better to bet on the short side at least for next few years.
It looks like time to get long on gold i guess.. Let's see..
was expecting gold to retest 1300 but the bars suggest othewise
I published this yesterday but have been looking at it a lot today and have added in a Fibonacci retracement from the low of December 2015 to this years high and I've identified with the blue rectangle this key area of support. Some consolidation (maybe 1 week) in this area would be ideal as we could then look to go long on a break out and hopefully look for a...
BUY GOLD CMP 1337.5 NEXT PENDING ORDER 1325 sl 1318 TP 1360 ALERT IF GOLD CROSS 1345 MOVE SL AT COST.
As news and Trend Sell Gold cmp 1346.5 sl 1366 TP 1320 if trade 50 pips green move sl at cost
PLEASE CHECK MY OTHER IDEAS - WE ARE START TRADING FROM 1306
Gold is Heading north to test 1358. I think will break through. What do you think?
AS H1 and H4 Gold showing up and also other metals and Pivot point is 1318 where support 1310 above 1310 we can see 1340-1350