as per yesterdays bias price held the 1900 price, took a shot at a short lost 1%, volume based bias is pointing to upside as 1925, and 1950 for potential targets first target would be 3:1 RR and second around 9:1. i play it like i see it, dont ever marry a position, dont ever try to be RIGHT, do what the market tells you or you will never end your day in the...
Ok, so GOLD just reached its first resistance! As I’ve been saying in my latest GOLD analyses, I’m bullish here, and if you missed my last analysis the link to it is below, and I invite you to follow me , and you’ll be updated of our trades and analyses. My TWITTER has a lot of interesting stuff too, that I can’t post here, so check it for yourself!
Everything...
The SPX/ Gold ratio is looking like the rally in equities may be hitting it's head on some resistance.
The price action is driving closer towards the overhead trendline of the descending triangle pattern, this will be an interesting level to watch, as a rejection at these levels would suggest an easing in equities and a relative gain in gold.
It is my personal...
Hello Traders, XAUUSD Follow the upper trend line and also the price breaks the lower trend line with the a bullish impulse , so enter buy order in the breakout oe wait for the pullback at 1243.813 and place stop loss below the trend line and take profit as a next resistance level
Entry Details:
Pair: XAUUSD
Order: BUY
Cmp Entry : 1259.132
Pending Entry:...
