goldsell

Hi Traders, apologies for similar analysis to my last Gold post, but you cannot undo a posting of analysis you have posted, and I uploaded the wrong image on Gold sells. (Although the principal is the same, this is a little clearer). Here is my view on Gold sells. This should be temporary, before we see the bulls takeover. 1700 long is one of my targets for Gold :)

So I usually don’t trade Gold but my BIAS on this pair for the upcoming week is NEUTRAL. My reasons behind this are -We have just broke above and retested a key Daily Resistance at 1527.11. -We could continue up for a break above our previous Weekly Support/Resistance at 1570.65 then searching for a retest and targets at 1613. -We also could reject 1570.65...

OANDA:XAUUSD Gold Needs to Step back , unless there is some extra ordinary bullish news for gold, 1455-1470 correction is on cards.

OANDA:XAUUSD A Bit Risky Short but well worth the RR

Gold has broken the 4hr pink TL, await a retest to Monthly Resistance. Based on my analysis price will head down before heading further up :D

check this out levels and risk free after proper profit good luck

Chance for some sellers to get into the market? Rejection from key supply zone, once support turned resistance ....

I guess it depends on Iran...? Oil has shown there to not be much affect in regards to it's price, could Gold follow. I would like to see a pullback to at least the 1310 resistance zone and see a signal printed before running it down to 1300 area which I believe can be reached. Let's see what happens with the US & Iran........

Gold H4 - My sell setup for gold has been triggered. Anticipating major downside for gold in the next 2 weeks.